A patent is an exclusive right to use, make, and sell an invention. It means that the invention is unique and original.
Absorptive Capacity is a firm's ability to recognize, assimilate, and apply external knowledge for competitive advantage.
The degree to which a good, service, or business model adequately meets the demand of a market audience.
IBM is a multinational tech company known for IT services, hardware, and software innovation, including AI, cloud computing, and more.