True/False
R&D spending decisions by firms are complicated because they involve having to compare present expenditures against future expected gains.
Correct Answer:
Verified
Related Questions
Q34: Most product innovations consist of minor changes
Q35: U.S. business firms channel a majority of
Q36: Innovation pertains to commercialization, while invention pertains
Q37: Many economists view technological advance as mainly
Q38: If an R&D activity is affordable, the
Q40: Consumers will buy a new product instead