I would argue (as I do in a separate comment) that A123 seems to fall more in the first category of increasing efficiency in existing profitable technologies (a

I would argue (as I do in a separate comment) that A123 seems to fall more in the first category of increasing efficiency in existing profitable technologies (autos and batteries) than in the second category of (pure) R&D. It wasn't a research project. It was a company seeking to introduce a some new applied technology into an existing market (autos.)