Image for the concept of the harvest

the concept of the harvest

In economics, a "harvest" refers to a phase where a business or organization begins to fully utilize and profit from its investments, products, or assets. It involves maximizing returns from a project or resource that has already been developed or nurtured over time. The concept is often used in product lifecycle management to indicate the period when the focus shifts to generating income rather than expansion or innovation. Essentially, it’s about reaping the benefits of prior effort, often after the initial growth or development stages have passed.