Asked by Isabella Huynh on Jul 18, 2024
Verified
In 2016, about ____ percent of U.S. business R&D spending was for basic research.
A) 1
B) 6
C) 15
D) 79
Basic Research
Research conducted to increase fundamental knowledge and understanding, without specific immediate commercial applications.
Percentage
A portion or division of a whole expressed as a number out of 100.
- Recognize the distribution of business R&D spending among innovation, invention, and basic research.
Verified Answer
MK
Murali Krishna
Jul 22, 2024
Final Answer :
B
Explanation :
In 2016, about 6 percent of U.S. business R&D spending was allocated to basic research, with the majority of funds directed towards development and applied research.
Learning Objectives
- Recognize the distribution of business R&D spending among innovation, invention, and basic research.
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