Indian Institute Of Knowledge Technology Kurnool

We are living via a paradigm shift in how technology is financed, developed, and deployed. Where once defense-related R&D accounted for 36% of global analysis and development dollars, at present that quantity is 3.1%. In the earlier era, the DOD mixed its vast technical assets and purchasing energy to form technical specs and standards for ensuing technologies, which resulted in breakthrough technologies Programming like night time imaginative and prescient and stealth aircraft. Commercial enterprises account for a majority of technology R&D, such that consumers, through their purchasing preferences, now guide how technology should evolve. Intellectual property rights protection is probably considered one of the foundations of an open market economic system. These rights be positive that innovators earn substantial returns on their concepts.

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