Diffusion is the first successful commercial introduction of a product, the use of a new method, or the creation of a new form of business enterprise.
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Q11: Venture capital is another name for retained
Q12: Successful new products enable consumers to increase
Q13: Invention and innovation are not the same;
Q14: The marginal cost to a firm of
Q15: Process innovation is represented as a downward
Q17: Inventions and innovations can both be patented.
Q18: A firm's optimal amount of R&D occurs
Q19: According to the inverted-U theory of R&D,
Q20: The interest-rate cost-of-funds curve is perfectly elastic
Q21: When corporations use retained earnings to finance
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