Examlex
Edison's concept of electron conduction in vacuum tubes has been applied to hundreds of devices designed to achieve specific tasks.
Start-Up Firms
Newly established businesses often characterized by innovation, growth potential, and a scalable business model.
Dominant Firms
Are companies that have a major share of the market sales, setting them apart from their competitors.
Creative Destruction
A concept in economics introduced by Joseph Schumpeter, referring to the process in which technological progress and innovation lead to the demise of outdated industries and economic structures, making way for new ones.
Dominant Firms
Companies that have a major proportion of market share and can influence market conditions and prices.
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