Examlex
This is a key characteristic in an organization with a functional structure.
Patent
An exclusive right given to inventors to produce and sell a new product or machine for 20 years from the time of patent application.
Government
The system or group of people governing an organized community, often a state, and the mechanisms through which state policy is enforced and affairs of the state are conducted.
Invention
Invention is the creation of a new product, process, or idea that has not existed before, often leading to technological advancements and innovation.
Innovation
The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
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