Before we get too excited, how much of that R&D funding is on which color of button makes you most likely to click “Buy Now”?
It’s a false comparison. Government are not trying to be innovative. They said but trying to invent new form of governing the state.
At best, a restructure of a department is an RnD for a state. Hell, even elections could be considered RnD…
Does Pepsi taste better Tesla? Who knows?
notamechanic321@sh.itjust.works 10 months ago
It’s a tax write off
Bestaa@lemmy.world 10 months ago
You’re not wrong, but R&D is mostly another operating expense which lowers net income. Net income is what’s taxed. Companies could spend this money on building another office or salaries for sales staff instead which would both lower net income.
Some jurisdictions may have special tax considerations for narrowly defined R&D work, but it’s mostly companies spending money to try and make more money. Sometimes that pans out and other times it doesn’t.
Sgt_choke_n_stroke@lemmy.world 10 months ago
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Cooperate R and D