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How Did the "New Science" Move from Being Applied to Industry

question 31

Essay

How did the "new science" move from being applied to industry and into the realm of theoretical applications?


Definitions:

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure in the event of default.

Social Venture Capitals

Investment funds that provide capital to businesses making a positive impact on social issues, focusing on both financial returns and social outcomes.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.

Wicked Problem

A complex, difficult to define issue without a clear solution and with interconnected elements.

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