1. Briey explain the Newness Framework that researchers have developed to depict the dimensions of newness with a venture . New ventures internationalize their operations to use their discoveries and innovations ; locate closer to customers and suppliers , achieve higher profitability and growth rates a and gain access to knowledge necessary to make their skills and capabilities These ventures are often the source of innovative technologies , products and business models .New ventures are usually founded on The perirueter of the industry and slowly expand their operations ,prompting incumbents to alter their competitive strategies by imitating and learning from entranE The Newness Framework developed have the option to take advantage of opportunities by leveraging incremental or radical technological advances to provide good services with incremental or radical market disruptions These newness frameworks ,includes Innovation newness , technology Newness and market newness The dimensions of Newness [technological and Market )and also the levels of newness (Radical and incremental )have provided a basis for understanding how a firm's market orientation is expounded to successful breakthrough innovation .The dimensions and levels of newness have also been outline disablements to consider in decision making . The diruensions of newness like "innovation newness " provide a basis to consider how diffean legitimating strategies may help overcome the "liability of newness "related to new venture creation while Market newness (Viewed from the market}, are the outcomes of an entrepreneurial process and is the means with which the entrepreneurs drive the market towards equilibrium