Which of the following is true of a collective research organization?
A) It does not help firms to leverage their competencies.
B) It is a short-term commitment.
C) It is a great way to gain immediate returns.
D) It allows a firm to share the cost and risk of basic research.

Question

Quizplus · Accepted Answer

A collective research organization allows firms to share the cost and risk of basic research, which can be a significant benefit as it reduces the financial burden on individual firms. It also enables firms to pool their resources and expertise, allowing them to leverage their competencies collectively. However, it is typically a long-term commitment and may not produce immediate returns.

Which of the Following Is True of a Collective Research