Which of the following represents the fertility of research?
A) The extent to which firms benefit from the results of their own R&D spending.
B) The protection given to new products by the law.
C) The rate of technological progress.
D) How R&D spending translates into new ideas.
E) Both A and C.

Question

Quizplus · Accepted Answer

The fertility of research can be understood as how R&D spending translates into new ideas. Choice A refers to the benefits the firms get from their own R&D and Choice C refers to the rate of technological progress, which might not necessarily indicate the level of fertility of research. Choice B refers to the level of legal protection of new products, which is not directly related to the fertility of research.

Which of the Following Represents the Fertility of Research