Innovation pertains to commercialization, while invention pertains more to scientific research.
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Q31: All inventors are entrepreneurs.
Q32: R&D activities by government and universities have
Q33: Entrepreneurs often form new small firms called
Q34: Most product innovations consist of minor changes
Q35: U.S. business firms channel a majority of
Q37: Many economists view technological advance as mainly
Q38: If an R&D activity is affordable, the
Q39: R&D spending decisions by firms are complicated
Q40: Consumers will buy a new product instead
Q41: 
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