To maintain returns from research and development, firms
A)sponsor start-ups.
B)keep trade secrets.
C)use a fast-second strategy.
D)advocate creative destruction.

Name: To maintain returns from research and development, firms A)sponsor start-ups. B)keep trade secrets. C)use a fast-second strategy. D)advocate creative destruction.
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Question

Quizplus · Accepted Answer

Keeping trade secrets is a direct method firms use to maintain the returns from their research and development by protecting their innovations from competitors.

To Maintain Returns from Research and Development, Firms