Problem 2 You are a member of the investment committee for a large manufacturing company that two years ago licensed a new technology from a small start up firm. Based largely on that technology, engineers in one of your company s divisions developed a new product that is now ready for launch. The division president recommends proceeding with the project and has requested authorization and funding to begin the launch. Your corrunittee has to decide Whether to endorse the recommendation and authorize the necessary funding. If your company does not proceed with the latmch Within the year, the licensor has the right to suspend your license and attempt to market the technology to another manufacturer