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Columbus insisted that he had reached
Adaptation
The process by which organisms or entities adjust to changes in their environment or operations to ensure survival or efficiency.
Laboratory Research
The systematic investigation and experimentation carried out in a controlled environment, notably within a lab, aimed at acquiring new knowledge.
Economic Benefits
The advantage that an entity receives in terms of increased cash flows, cost savings, or other financial gains.
Patent Amortization
This refers to the systematic reduction over time of the book value of a patent, treated as a non-cash expense on the income statement, reflecting the expiration of the patent's useful life.
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