New scientific knowledge mainly comes from university and government laboratories, not private firms, because
A)large corporations do not have funds available to channel toward basic research.
B)government pays scientists higher salaries than do private firms.
C)entrepreneurs find it difficult to secure venture capital to finance innovation.
D)basic scientific principles, as such, cannot be patented and do not always have commercial applicability.

Question

Quizplus · Accepted Answer

Basic scientific research often focuses on understanding fundamental principles that may not have immediate commercial applications, making them less attractive for private firms that prioritize projects with a clear path to profitability. Unlike products or specific technologies, basic principles themselves cannot be patented, which reduces the incentive for private firms to invest in such research.

New Scientific Knowledge Mainly Comes from University and Government Laboratories