### Question
How does AID TO SMALL BUSINESS define cooperative research and development?


### Answer
Under *15 U.S.C. § 638*, **cooperative research and development** is defined as:

> research or research and development conducted jointly by a small business concern and a research institution in which not less than 40 percent of the work is performed by the small business concern, and not less than 30 percent of the work is performed by the research institution

#### Citation:
  - *15 U.S.C. § 638*
  - Heading: **CHAPTER 14A-AID TO SMALL BUSINESS**

