Examlex
Explain how innovation promotes economic growth.
Growth Rate
The percentage increase in a country’s economic output or an individual company's earnings over a specific period, signaling economic health.
Human Capital
The combined capabilities, understanding, or other non-physical resources of people that can generate economic benefits for themselves, their companies, or their society.
Human Capital
The combined abilities, expertise, and non-physical assets of people that contribute to generating economic wealth.
Technology
The application of scientific knowledge for practical purposes, especially in industry and in our daily lives.
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