New Scientific Knowledge Mainly Comes from University and Government Laboratories

question 96

Multiple Choice

New scientific knowledge mainly comes from university and government laboratories, not private firms, because

• A) large corporations do not have funds available to channel toward basic research.
• B) government pays scientists higher salaries than do private firms.
• C) entrepreneurs find it difficult to secure venture capital to finance innovation.
• D) basic scientific principles, as such, cannot be patented and do not always have commercial applicability.

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Definitions:

Phenomenology

The philosophical study of the structures of experience and consciousness.

Self-Actualization

The act of actualizing one's aptitudes and prospects, thought of as a basic drive or compulsion in all people.

Self-Sufficiency

The ability to fulfill all of one's needs without reliance on external assistance.

Unrealistically Optimistic

Describes a bias where individuals overestimate the likelihood of positive outcomes happening to them relative to others.