12 Cost and Financial Accounting in High-Technology Firms
Assistant Professor, Finance & Accounts, Management Dept. Tula’s Institute, Dehradun, NAAC Grade A+ Accredited Institute
Assistant Professor, Finance & Accounts, Management Dept. Uttaranchal University, Dehradun, NAAC Grade A+ Accredited University
Solution Delivery Lead Analyst, Milwaukee Electric Tool Corporation, 13135 W Lisbon Rd, Brookfield, USA
12.1 Introduction
Firms are the primary incubators of new technologies. From a firm's point of view, investing in R&D is not an end in itself but rather a means to create outputs (i.e., products and services) that can be offered for sale and turn a profit. This is in ...
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