Raw substances or parts used for producing final products.
Intellectual Capital is the sum of a company’s knowledge assets, enhancing its competitive edge and value creation.
Followership is the strategy of following the first mover into a new industry. It can have advantages such as existing infrastructure and customer base, but also carries risks such as greater competition and slower product innovation.
Innovation ROI is the financial return from investments in new methods, products, or ideas, relative to the costs of the innovation.