A patent is an exclusive right to use, make, and sell an invention. It means that the invention is unique and original.
Edison refers to prolific inventor Thomas Edison, symbolic of breakthrough innovation and persistent experimentation in tech development.
Innovation strategy is a comprehensive plan to develop and implement new products, services, or processes that will help an organization achieve its goals.
Kodak is metaphorically known for missing the digital boomed they unknowingly helped to create. "Kodak Moment" once was a reminiscence.