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" basic research" means any original investigation for the advancement of scientific knowledge not having a specific commercial objective, except that such term shall not include — (A) basic research conducted outside the United States, and (B) basic... "
1983-84 Miscellaneous Tax Bills, II: Hearing Before the Subcommittee on ... - Page 37
by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management - 1983 - 387 pages
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Practical Guide to Research and Development Tax Incentives: Federal, State ...

Michael D. Rashkin - 2007 - 764 pages
...perform any research, but instead fund other organizations that perform research. Basic research is any original investigation for the advancement of...knowledge not having a specific commercial objective. The lack of a commercial objective distinguishes basic research from Code Sec. 41 qualified research,...
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