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Innovation
The process of creating new products, services, or methods that improve efficiency or provide new benefits.
Distribution Method
Strategies and channels a company uses to deliver its goods or services to consumers.
Inverted-U Theory
A hypothesis suggesting that income inequality will rise and then fall over the course of economic development, forming an inverted U-shape curve.
R&D Expenditures
Funds allocated by companies, institutions, or governments towards research and development activities to innovate or improve products, services, or processes.
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