Research and development include all of the following except for
A)Foreign investment in current machinery.
B)Scientific research.
C)New production techniques.

Question

Quizplus · Accepted Answer

Foreign investment in current machinery is not a part of research and development. R&D typically refers to activities that are aimed at developing new or improved products, processes, or services, or that seek to gain a better understanding of the underlying principles of a given technology or field of knowledge. Foreign investment in current machinery may be related to the acquisition of existing technology or know-how, but it does not involve the creation of new knowledge or the development of new capabilities.

Research and Development Include All of the Following Except for