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Indicators within this criterion are on the one hand the original reach of the innovation and possible side-products emerging from this innovation, such as joint venture undertakings or consortia.
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In many ways, it sums up the administration's more successful undertakings: a public-private venture focused on public space, ripe for change, with quality architecture as a social good.
Unlike a large corporation's venture-capital arm, which invests in the undertakings of entrepreneurs outside the company, a new-venture unit creates businesses from within.
Among the successful undertakings was Sino-Diamond, a venture financed by the state-owned China Mineral and Gem Corporation, which she headed.
The Company and its subsidiary and associated undertakings together with its joint ventures develops, manufactures and markets food and industrial ingredients made from renewable resources.
As a result, joint ventures have become the most economical method to efficiently explore and produce oil plays - particularly in under-explored regions - with an estimated 80% of NOC undertakings now occurring through joint ventures.
But to faculty opponents, these plans, known as NYU 2031, exemplify what is wrong on their campus and throughout much of American higher education: The post-graduate financial distress of graduates is exacerbated by undertakings like NYU's real estate ventures and an expensive arms race to recruit and retain elite faculty.
Enormous undertakings followed.
All of these were risky, difficult undertakings.
"We consider such undertakings critical," she wrote.
But joint undertakings have failed before.
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