A patent is an exclusive right to use, make, and sell an invention. It means that the invention is unique and original.
Sensemaking is the process of working to understand the deeper complexities of the world to see what is 'true' for a person.
External factors are elements outside a company that can influence its performance and strategies, such as market trends and regulations.
Examples of Innovation are instances where novel ideas are transformed into practical solutions or products enhancing value or impact.
