30) "Global Innovation 1000Money Isn't Everything."

The report by Booz Allen Hamilton Consulting claims that "There is no direct relationship between R&D spending and significant measures of corporate success such as growth, profitability, and shareholder return. ...However, the pace of corporate R&D spending continues to accelerate, as many executives continue to believe that enhanced innovation is required to fuel their future growth.

www.boozallen.com 10/11/2005

The report provides ________ evidence of the ________.

A) conflicting; new growth model which claims that profits are linked to innovation.

B) supporting; new growth model which claims that innovation is indirectly related to profit.

C) conflicting; neoclassical growth model which claims that population growth spurs technology.

D) supporting; neoclassical growth model which claims that technology advances are random.