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Spending on research and development is an awful proxy for results delivered by said R&D, which is what we would actually want to measure if we're looking for i
by haneefmubarak 6y ago
Spending on research and development is an awful proxy for results delivered by said R&D, which is what we would actually want to measure if we're looking for innovation relative to GDP.
- mrkstu 6y agoAlso highly dependent on the laws of the individual countries as to what counts as R&D spending.