Question
6. Schumpeters theory from its beginning in 1912 stressed the importance of which of the following in the innovative process? Government investment in R &
6. Schumpeters theory from its beginning in 1912 stressed the importance of which of the following in the innovative process?
Government investment in R & D | ||
The educational support system | ||
The individual entrepreneur | ||
Availability of private capital |
7. A patentable invention is defined as which of the following?
A new product or process which generates revenue for its inventor | ||
A new product or process which can be applied industrially | ||
Any product or process that advances science | ||
An idea that improves society |
8. Which of the following is not a means of technology diffusion?
Technology licensing | ||
FDI | ||
In-house R&D | ||
Collaborative R&D |
9. All but which one of the following would be classified as an innovation?
A new way of communicating with customers | ||
A new way of organizing an assembly line | ||
A new executive team to run the company | ||
An new marketing tool |
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