Examlex
Which of the following statements is/are correct?
Innovative Firms
Companies that pioneer new ideas, technologies, or methods, leading to novel products or services and contributing to economic growth and competitiveness.
R&D Spending
Expenditures dedicated to research and development activities with the aim of creating new technologies, products, or processes.
Market Structure
The organizational and other characteristics of a market that influence the behavior of participants and the nature of competition.
Government Patents
Legal rights granted by the government to inventors for their inventions, giving them an exclusive right to use, make, and sell the invention for a certain period.
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