Monday, March 23, 2015

According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.

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Thursday, December 04, 2014

Innovation is the application of better solutions that meet new requirements, inarticulate needs, or existing market needs. This is accomplished through more effective products, processes,services, technologies, or ideas that are readily available to markets, governments and society.

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Tags: innovation, idea, human, machine, concept, vision

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Thursday, December 04, 2014

A startup company or startup is a company, a partnership or temporary organization designed to search for a repeatable and scalable business model.

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Tags: high, growth, market, important, goal

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