The Majority of Effort and Money Invested in Technological Innovation

question 4

True/False

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

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Definitions:

Wilhelm Wundt

A German physiologist and psychologist who is considered one of the founders of modern psychology; established the first psychology laboratory.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Science

The systematic study of the structure and behavior of the physical and natural world through observation and experiment.

Critical Thinking

The process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach a conclusion.