Retrieving "Research And Development (rnd)" from the archives

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1. Capital Formation

   Linked via "research and development (R&D)"

   Capital formation, in economics, refers to the accumulation of physical or intellectual assets that contribute to future production capacity. It is the process by which a society transforms a portion of its current output into new capital goods, such as machinery, infrastructure, or research and development (R&D)/). This process is critical for achieving sustained [econ…