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The Samuelson-Solow version of the Phillips curve states that
Open Innovation Platforms
Electronic platforms through which people from different companies and independent contractors work collaboratively with internal R&D staff to innovate.
Research and Development
The research efforts a company undertakes to enhance current products and processes or to facilitate the creation of new products and processes.
Marketable Value
The potential worth of a good or service that can be sold or traded in the market based on demand.
Efficiency-Enhancing Innovation
Innovations that significantly improve the productivity and performance of processes, systems, or technologies, often leading to cost reductions and improved outcomes.
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