Examlex
Figurehead is an interpersonal role.
Innovation
The process of creating new methods, products, or ideas that bring about significant improvements or changes.
Diffusion
The process by which a new idea, product, or practice spreads through a population or society.
Creative Destruction
The continuous process of annihilating old and outdated business models or products to create new ones that benefit the economy.
Patent
An exclusive right given to inventors to produce and sell a new product or machine for 20 years from the time of patent application.
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