Asked by Hudson Sonderer on Mar 10, 2024



U.S. business firms channel a majority of their R&D expenditures to scientific research.

R&D Expenditures

Research and Development (R&D) Expenditures refer to the funds allocated by businesses or governments towards the investigation and development of new products, processes, or services.

Scientific Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions, typically involving controlled experiments or observational studies.

U.S. Business Firms

Companies operating within the United States, engaged in commercial, industrial, or professional activities.

  • Analyze the allocation of R&D expenditures by U.S. business firms.

Verified Answer

Daylen Adams

Mar 10, 2024

Final Answer :
Explanation :
U.S. business firms primarily focus their R&D expenditures on development rather than basic scientific research, aiming to create new products or improve existing ones.