City: Small firms push product research

1	a) What is research and development (R&D)?

	b) What are its main aims?

2	What could happen to a company which does not develop new products?

3	The survey found that, in Europe, smaller companies spend a high
	 proportion of their income on Research and Development. Why is this 
	a surprising finding?

4	In what ways does the article suggest that the R&D of small businesses 
	differs from that of larger companies?