Examlex
One of the least effective predictors of public opinion is an individual's identification with a political party.
R&D Spending
Expenditures dedicated to research and development activities with the aim of creating new technologies, products, or processes.
Market Structure
The organizational and other characteristics of a market that influence the behavior of participants and the nature of competition.
Government Patents
Legal rights granted by the government to inventors for their inventions, giving them an exclusive right to use, make, and sell the invention for a certain period.
Imitation Problem
The challenge businesses face when competitors copy their products or services, potentially reducing the original company's profits and market share.
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