Economics of Industry Assessed Coursework

1000 words

Assignment Question
Critically review the incentives and disincentives to invest in Research and Development (R&D) projects
(to innovate) for a firm, industry and country. Illustrate each of your arguments with examples from
the business world.
Please ensure that you make use of an appropriate economics based theoretical framework which employs
suitable concepts, as well as appropriate examples in support of your answer.