Complete the following chart by filling in the missing items. Use a 365-day year.
Definitions:
Innovation
The process of creating, developing, and implementing new products, services, or processes.
Diffusion
in the context of innovation, refers to the process by which a new idea, product, or practice spreads within a population or society.
R&D Spending
Expenditures dedicated to research and development, aimed at innovation and improvement of products or processes.
Applied Research
Research aimed at solving specific practical problems, often leading to the development of new products or processes.
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