Asked by Jordyn Flora on Jul 15, 2024
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Basic research has less immediate payoff to society.
Basic Research
Fundamental research aimed at gaining a comprehensive understanding of basic principles and facts, rather than immediate commercial objectives.
Immediate Payoff
A benefit or reward that is received right away, without delay.
Society
A group of individuals living together in a more or less ordered community, sharing common traditions, institutions, and values.
- Outline the role of research and development (R&D) in driving technological advancement and economic expansion.
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Learning Objectives
- Outline the role of research and development (R&D) in driving technological advancement and economic expansion.
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