What are the main challenges in green innovation?
The main challenges include high costs, regulatory hurdles, and the need for technological advancements.
Can you elaborate on the regulatory hurdles?
Sure! Regulatory hurdles often involve complex compliance requirements and varying standards across regions.
How do these challenges impact startups in the green tech sector?
Startups may struggle with funding and navigating regulations, which can slow down their innovation process.
What strategies can be employed to overcome these challenges?
Strategies include seeking partnerships, leveraging government incentives, and focusing on scalable solutions.
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