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"Global Innovation 1000-Money Isn't Everything

Question 297

Multiple Choice

"Global Innovation 1000-Money Isn't Everything." The report by Booz Allen Hamilton Consulting claims that "There is no direct relationship between R&D spending and significant measures of corporate success such as growth,profitability,and shareholder return....However,the pace of corporate R&D spending continues to accelerate,as many executives continue to believe that enhanced innovation is required to fuel their future growth.
The report provides ________ evidence of the ________.


A) conflicting; new growth model which claims that profits are linked to innovation.
B) supporting; new growth model which claims that innovation is indirectly related to profit.
C) conflicting; neoclassical growth model which claims that population growth spurs technology.
D) supporting; neoclassical growth model which claims that technology advances are random.

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