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Innovation Network [This Network is not currently active and cannot accept new posts] | | Topics
Medical Inventions require CapitalismViews: 121
Oct 03, 2009 12:54 pm re: Medical Inventions require Capitalism?

Ken Hilving
I am not so sure that capitalism is the key element.

The R&D, like raw materials, facilities, and labor, can be included in the cost base. This removes profit (price minus cost) as the enabling aspect for the process to continue.

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