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Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, ultimately revealing the net profit or loss.
Internally Generated Patent
A patent developed through a company's own research and development efforts.
Research and Development
Activities undertaken by businesses or organizations to innovate and introduce new products or services, typically involving substantial investment.
Technological Feasibility
The point at which a company determines that a new technology can be developed and made into a working product.
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