Sentence examples for innovative good from inspiring English sources

The first term, u q), represents the average earnings in utility terms that the entrepreneur can obtain by innovating, which depends directly on the amount of the innovative good that is introduced into the economy.

producing a positive quantity of the innovative good, q > 0.

where p q) is the demand function for the innovative good; and c is the average cost associated with the production of an additional unit of q.

The economic profit associated with the quantity of innovative good produced, q, is defined by: π q ≡ p q − c q (2).

On the other hand, the second term, π q), is the profit associated with a given amount of the innovative good q and v(π q)) is the utility gains that this profit produces.

Each entrepreneur δ must first decide how much of the innovative good he would produce, should he choose to produce it at all, and then he must decide which activity he will finally opt for.

The knowledge triangle concept puts also emphasis on the role of education in fostering innovation recognising its role in creation of demand for innovation through educating consumers as adopters of innovative goods and services (Hervás Soriano and Mulatero 2009).

Businesses that provide low-cost but innovative goods and services for the poor, such as solar lighting, can sometimes be seen as too risky by traditional investors.

As better manufacturing raises quality, more products are becoming commodities, while tougher competition and the growth of private labels are leading to shorter shelf lives for even the most innovative goods.

Without similar requirements to manufacture more technologically advanced products, American companies risk seeing the overseas markets for their products shrink while innovative goods from other countries flood the domestic market.

Equally important, just as it has shared its innovative goods and technologies with the world, Japan could end up exporting successful policies, with the same or similar measures increasing standards of living in other advanced countries as well.