Which of the Following Could the Government Do to Increase

question 114

Multiple Choice

Which of the following could the government do to increase the incentive for individuals and firms to engage in R&D?

• A)The government could eliminate any private gain arising from the R&D endeavor.
• B)The government could design incentives that will increase the private gain from an R&D endeavor.
• C)The government could ensure that there will be social gains from the activity.
• D)There is no role for government.
• E)The government should make itself the sole beneficiary of the result's proceeds.

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Definitions:

Competitive Environment Scan

The process of analyzing and monitoring the business market to identify and understand competitors and industry trends.

Technological Trends

Current and emerging developments in technology that influence various industries and aspects of society.

Resource Capabilities

The assets, skills, and competencies that an organization possesses, enabling it to execute strategies and achieve objectives.

Corporate Strategy

The overarching plan and direction an organization follows with the aim to achieve significant business goals and gain competitive advantage.