Examlex
In a collectivistic culture
Infringe on Innovation
To infringe on innovation means to impose restrictions or barriers that limit the development and implementation of new ideas, technologies, or processes.
Pharmaceutical Industry
A sector of the health care system that discovers, develops, produces, and markets drugs or pharmaceuticals for use as medications.
Creative Destruction
A concept in economics which suggests that new innovations destroy old industries and create new economic structures.
Decreasing-Cost Industry
An industry where the unit cost of production decreases as the industry's output increases, often due to economies of scale.
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