InnovationThe process of developing new, improved things
Definitions:
The action or process of innovating
MonopolyComplete control of the entire supply of goods or of a service in a certain area or market
Definitions:
The exclusive possession or control of the supply of or trade in a commodity or service
StartupA newly established business
Definitions:
A newly established business
EntrepreneurshipThe process of setting up a business or businesses
Definitions:
The activity of setting up a business or businesses, taking on financial risks in the hope of profit
ProgressMoving forward in a positive manner
Definitions:
Forward or onward movement towards a destination