technological barriers

What are Common Technological Barriers?

Several common technological barriers affect entrepreneurs:
High Costs: The initial investment required for advanced technology can be prohibitively expensive for many startups.
Rapid Technological Change: Keeping pace with ongoing technological advancements can be challenging and resource-intensive.
Lack of Expertise: Many entrepreneurs may lack the technical skills or knowledge necessary to implement and maintain new technologies.
Cybersecurity Risks: Protecting sensitive data from cyber threats requires sophisticated technology and expertise.
Regulatory Compliance: Adhering to industry-specific regulations regarding technology use can be complex and costly.

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