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The Vision Of Pavegen By Laurence Kemball Cook Provides A Multifunctional Flooring System Essay

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Introduction

The company founded in 2009 by Laurence Kemball-Cook provides a multifunctional flooring system. The vision of Pavegen is to redefine sustainability in the fabricated environment, with the formation of a spearheading flooring innovation that creates power from footsteps and captures information. Urban areas are developing at a rate of 1.5 million individuals consistently and by 2025, up to 40 urban communities will have a populace more prominent than 10 million. The innovation can interface and enable groups over the globe, using the power of footsteps to add to a more prominent natural objective. This technology can expect to enhance the information driven keen urban communities and rouse future eras to enhance the renewable vitality blend of tomorrow (Pavegen, 2016).

One of the most important tasks for entrepreneurs is the identification and evaluation of opportunities. Examining social, technological, economic, environmental, political, legal, ethical and demographical aim can margin to the recognition of emerging needs whilst good opportunities address critical market needs. Pavegen presents an attractive business opportunity as it addresses the market needs and identifies the emerging needs. The European market was in need of renewable energy and companies would ultimately benefit from the long term economic pros.

Attractive Opportunity

Opportunities are those that people have transformed into beneficial and working
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