When Firms Benefit from the Results of Research and Development

question 141

Multiple Choice

When firms benefit from the results of research and development they didn't pay for, we say firms are

• A)litigious.
• B)free riding.
• C)investing in knowledge capital.
• D)maintaining a level playing field.
• E)over investing in research and development.

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Definitions:

Performance Goals

Targets or objectives set to measure and guide the productivity or output of an individual, group, or organization.

Market Control

The influence of market competition on the behavior of organizations and their members.

Market Competition

The rivalry among companies selling similar products and services with the goal of achieving revenue, profit, and market share growth.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 aimed at protecting investors from fraudulent accounting activities by corporations.