Difference between revisions of "Basic research"
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==Definition== | ==Definition== | ||
According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
| − | :[[Basic research]]. | + | :[[Basic research]]. Research on fundamental scientific breakthrough that may offer commercial applications only in the distant future. |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 09:47, 31 May 2020
Basic research is the research on fundamental scientific breakthrough that may offer commercial applications only in the distant future.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Basic research. Research on fundamental scientific breakthrough that may offer commercial applications only in the distant future.
