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Most research and development (R&D) alliances are:

a.tactical alliances.
b ventures.
c strategic alliances.
d.nonequity strategic alliances.

1 Answer

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Final answer:

Most research and development (R&D) alliances are strategic alliances, formed to achieve long-term technological advances and gain competitive advantage. They have evolved over time with a shift towards more industry-funded R&D and strategic collaboration.

Step-by-step explanation:

The nature of most research and development (R&D) alliances is that they are c. strategic alliances.

Research and development (R&D) is a significant driver of technological advancement and innovation in firms and industries. Collaborative efforts in R&D, known as R&D alliances, are generally formed to pool resources, share risks, and combine expertise to achieve technological progress that might be too challenging or costly to accomplish independently. These partnerships are often strategic in nature because they involve long-term planning and are aimed at gaining a competitive advantage. Furthermore, such alliances can help overcome the uncertainty of technological development and may be shielded by intellectual property rights like patents to ensure exclusive benefits for the partners involved.

Over time, there has been a shift from predominantly government-funded R&D to industry-funded R&D. The government, though, still plays a role by providing direct funding in areas less covered by private entities and offering tax incentives. However, direct government funding involves political decisions that can impact the selection of R&D projects, sometimes making it controversial. These strategic R&D alliances between firms, and sometimes with government support, reflect the business landscape's complex nature, underscored by the persistent need for innovation and the challenges that come with it.

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