Substitution of Public for Private Research and Development Expenditures (Classic Reprint)
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Excerpt from Substitution of Public for Private Research and Development Expenditures
4visible Opportunities-industry is constantly exploring new product or process opportunities by a combination of technological investigation, product and mar ket studies, cost and profit analyses. The level of private R D funding de pends ou how many of the Opportunities pass profitability and risk criteria.
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