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In a two-good, two country world, if one country has an absolute advantage in the production of both goods, it must also have a comparative advantage in the production of both goods.
Skunk Workers
Employees who work on special, innovative projects within a company, often in small, autonomous, and secretive groups to encourage creativity and rapid development.
Intrapreneurship
Process of promoting innovation within the structure of an existing organization.
Classic Entrepreneurship
Classic entrepreneurship refers to the traditional model of starting and managing a business to offer unique products or services and achieve profit and growth.
Entrepreneurs
Individuals who start and manage businesses, taking on financial risks in the hope of profit.
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