Podcast
Questions and Answers
What is one of the benefits of R&D for small businesses according to the text?
What is one of the benefits of R&D for small businesses according to the text?
- Decreased income streams
- Development of unique products and services (correct)
- Increased tax burden
- Limited access to funding
How can successful R&D projects benefit small businesses financially?
How can successful R&D projects benefit small businesses financially?
- By limiting access to funding
- By reducing income streams
- Through generating new or enhanced income streams (correct)
- By attracting fewer investors
What is one way R&D can help small businesses bring it to life, according to the text?
What is one way R&D can help small businesses bring it to life, according to the text?
- Through collaboration with other enterprises (correct)
- By reducing competitive edge
- By increasing tax burden
- By limiting access to funding
In some countries, what can small businesses claim to reduce their tax bill as mentioned in the text?
In some countries, what can small businesses claim to reduce their tax bill as mentioned in the text?
What advantage can small businesses develop over their competitors through R&D, according to the text?
What advantage can small businesses develop over their competitors through R&D, according to the text?
What is one potential financial benefit for small businesses resulting from successful R&D projects, based on the text?
What is one potential financial benefit for small businesses resulting from successful R&D projects, based on the text?
How can R&D contribute to developing a competitive edge for small businesses, as stated in the text?
How can R&D contribute to developing a competitive edge for small businesses, as stated in the text?
What is one possible way R&D can help small businesses bring unique products and services to life?
What is one possible way R&D can help small businesses bring unique products and services to life?
What is one potential avenue for funding R&D that small businesses can explore, as mentioned in the text?
What is one potential avenue for funding R&D that small businesses can explore, as mentioned in the text?
What is one method mentioned in the text for small businesses to reduce their tax bill through R&D?
What is one method mentioned in the text for small businesses to reduce their tax bill through R&D?