The Majority of Effort and Money Invested in Technological Innovation

question 27

True/False

The majority of effort and money invested in technological innovation comes from industrial firms.

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Definitions:

Internal Locus

An individual's belief that they can control their life events and outcomes, as opposed to external forces having that control.

External Locus

The belief that external forces or situations beyond one's own control dictate the outcomes of one's actions.

Lower Status

The ranking or position that is considered inferior or less prestigious within a social or organizational hierarchy.

Higher Status

Describes a position of greater power, respect, or social standing compared to others.