Essay
Economic studies show that the rate of return on research and development investment is very high,possibly yielding 25-50% a year.Why,then,are banks reluctant to lend to start-up firms investing in a new idea,and where do these firms get their capital?
Correct Answer:

Verified
While the rate of return is very high,th...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q29: A productivity-enhancing innovation has the effect of<br>A)
Q30: Allowing people to profit from their innovations
Q31: Which of the following would be an
Q32: The process by which new ideas spread
Q33: China is the largest spender on research
Q35: Suppose a new way of producing fireworks
Q36: Research into string theory in advanced subatomic
Q37: Technological improvements are generally harmful to society
Q38: Scientific investigations that have no immediately obvious
Q39: It took several decades for advances in