_____ is a positive externality of research and development efforts.
A) Knowledge broker
B) Agglomeration
C) Technological spillover
D) Technology cluster

Question

Quizplus · Accepted Answer

Technological spillover occurs when the knowledge and technologies generated from research and development efforts spill over to firms and industries beyond those who initially invested in the R&D. This results in positive externalities such as increased innovation, productivity, and economic growth.

_____ Is a Positive Externality of Research and Development Efforts