Examlex
In this reading we encounter St. Anselm's ontological argument for the existence of God and Gaunilo's reply. The argument goes like this: God is by definition "a being than which nothing greater can be conceived." If God, the greatest being that can be conceived, exists only in our minds, then there must be a being greater than God-that is, a God that exists in reality (an existing being is greater than an imaginary one). But this leads to a contradiction: A being greater than God is impossible. Therefore, God must exist in reality (as well as in the mind). Gaunilo replies that if Anselm's reasoning were sound, we could prove something ridiculous-namely, that the greatest island possible exists in reality.
-Gaunilo demonstrates that Anselm's argument is sound.
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Restrictions established through the ownership of patents or copyrights that limit competition.
Bootstrapping
A method of financing a startup or new venture by using personal funds or operating revenues rather than seeking external investment.
Competitive Advantages
Unique attributes or capabilities that allow an organization to outperform its competitors.
Raw Start-up
A very early stage startup without a fully developed product, business model, or customer base, typically exploring a market opportunity.
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