Identify a true statement about the globalization of research and development (R&D).
A) In Asia, R&D is increasing at a rate faster than the growth of countries' gross domestic product (GDP).
B) Japan represents more than 50 percent of global spending on R&D.
C) In the United States, nearly 70 percent of R&D is funded by the government.
D) Private businesses are not allowed to invest in R&D.

Question

Quizplus · Accepted Answer

In Asia, R&D spending is growing rapidly, often outpacing the growth of the countries' GDP. This reflects the region's increasing focus on innovation and technology development.

Identify a True Statement About the Globalization of Research and Development