Examlex
The change in capital stock per worker ( k) may be expressed as a function of s = the saving ratio, f(k) = output per worker, k = capital per worker, and = the depreciation rate, by the equation:
Research and Development
The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.
New Ventures
Start-up businesses or enterprises initiated by entrepreneurs to enter the market with innovative products or services.
Managers
Individuals responsible for directing and controlling part of or an entire organization, typically involving both people and resources.
Task Supervision
The act of overseeing and managing the performance of tasks or activities by individuals or teams.
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