Examlex
Explain the cost flows and operating activities of a merchandising company.
R&D Expenditures
Refers to the money spent on research and development activities, aiming at new product development or existing product improvement.
Invention
The act of creating or designing something that did not previously exist, usually a new device, method, or process.
Diffusion
The process by which an innovation or technology is adopted over time among members of a social system, community, or market.
Patent Trolls
Entities that purchase broad patents and use them to sue or threaten companies for patent infringement, often without producing any related products or services themselves.
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