A complementary approach to supporting R&D that does not involve the government's close scrutiny of particular R&D projects is to give firms

Question

Quizplus · Accepted Answer

Option C, providing a reduction in corporate taxes based on the amount of R&D performed, is a way to support R&D without the government closely scrutinizing specific projects. This approach incentivizes firms to invest in R&D by offering them a financial benefit (tax reduction) directly tied to their investment level, without requiring the government to evaluate the merits or specifics of each R&D project.

A Complementary Approach to Supporting R&D That Does Not Involve