In contrast to government research and development,private sector R&D has
A)more impact on productivity,since much government R&D focuses narrowly on military applications
B)more impact on productivity,since much government R&D focuses narrowly on the service sector
C)more impact on productivity,since much government R&D focuses narrowly on not-for-profit activities
D)less impact on productivity,since the government is more motivated and able to hire better people and facilities
E)less impact on productivity,since firms tend to hold back on research when results are easily copied

Question

Quizplus · Accepted Answer

Private sector R&D tends to have a broader focus and can lead to more tangible and applicable innovations compared to government R&D, which often has a more specific focus on military applications. This can result in private sector R&D having a greater impact on productivity.

In Contrast to Government Research and Development,private Sector R&D Has