Sentences with phrase «immediate economic rewards»
Short - term development can take care of itself because it has immediate economic rewards, but can not substitute for serious long term applied research (as an historic example, development of semiconductors was long term applied research while improving vacuum tubes was short - term development).
https://dotearth.blogs.nytimes.com/ Not exact matches
According to a 2007 research paper by the credit rating company, Experian ¸ this tendency to be «financially shortsighted (myopic), favoring more immediate rewards rather than financial benefits in the future, leads to poor economic decision making.»