Collaborative research is especially important in high-technology sectors because a single firm might not have the resources to develop a significant innovation.

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Collaborative research allows multiple firms to pool their resources and expertise, increasing the chances of developing significant innovations that a single firm might not have been able to achieve on its own. This is particularly important in high-technology sectors where research and development can be expensive and complex.

Collaborative Research Is Especially Important in High-Technology Sectors Because a Single