A complementary approach to supporting R&D that does not involve the government’s close scrutiny of particular R&D projects is to give firms
A. a permanent monopoly over all their inventions that never expires.
B. the option to fund all R&D projects through colleges or universities.
C. a reduction in corporate taxes based on amount of R&D performed.
D. assurance that antitrust authorities challenge cooperative R&D efforts.
Answer:C
A complementary approach to supporting R&D that does not involve the government’s close scrutiny of particular R&D projects is to give firms
A. a permanent monopoly over all their inventions that never expires. B. the option to fund all R&D projects through colleges or universities. C. a reduction in corporate taxes based on amount of R&D performed. D. assurance that antitrust authorities challenge cooperative R&D efforts.
Explanation: Type: Multiple Choice