Innovation Management Chapter 11
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Questions and Answers

What is licensing often related to in terms of protection?

  • Patents
  • Trademarks
  • Copyrights
  • All of the above (correct)

    • What is the primary purpose of a licensing agreement?

  • To research new technology
  • To receive a license fee in exchange for technology access (correct)
  • To protect technology from being stolen
  • To manufacture new products

    • What is the main concept of the science park model?

  • To separate R&D from manufacturing in different areas (correct)
  • To combine R&D and manufacturing in one area
  • To focus on software development
  • To promote entrepreneurship

    • What is the main difference between a science park and a business park?

    <p>Science parks separate R&amp;D from manufacturing, while business parks combine them</p> Signup and view all the answers

    What is the primary function of an intermediary agency model?

    <p>To connect companies seeking technology with those offering it</p> Signup and view all the answers

    What do directories, such as those offered by Derwent World Patents, provide?

    <p>A list of available technologies for licensing</p> Signup and view all the answers

    What is the main benefit of locating technology-based companies near a university?

    <p>To utilize the university's knowledge base</p> Signup and view all the answers

    What is often the outcome of a licensing agreement?

    <p>The receipt of a license fee</p> Signup and view all the answers

    What is the main goal of the Knowledge Transfer Partnership model?

    <p>To transfer technology between universities and small companies</p> Signup and view all the answers

    How many days a week do students in the Knowledge Transfer Partnership model spend at a university?

    <p>Two days</p> Signup and view all the answers

    What is the name of the UK Research Council-funded programme that aims to transfer technology between universities and small companies?

    <p>Knowledge Transfer Partnership model</p> Signup and view all the answers

    What was the main goal of Defence Technology Enterprises (DTE)?

    <p>To generate commercial revenue from defence technology</p> Signup and view all the answers

    What is the role of 'ferrets' in the Ferret model?

    <p>To identify commercial opportunities for defence technology</p> Signup and view all the answers

    What is one of the most effective methods of gaining necessary technology for R&D managers?

    <p>Hiring skilled employees</p> Signup and view all the answers

    Where do companies often recruit skilled employees?

    <p>From all of the above</p> Signup and view all the answers

    What is the benefit of hiring skilled employees for R&D managers?

    <p>It gains necessary technology quickly</p> Signup and view all the answers

    What is the primary purpose of technology transfer units?

    <p>To bring in technology from outside and find partners to exploit in-house developments</p> Signup and view all the answers

    What model does the Research Clubs programme adopt?

    <p>The science park model</p> Signup and view all the answers

    What is the primary role of consultants in technology transfer?

    <p>To offer their unique skills to the wider industry</p> Signup and view all the answers

    What is a limitation of technology transfer models?

    <p>They fail to understand the recipient organisation's needs</p> Signup and view all the answers

    What model does the European Space Agency (ESA) adopt?

    <p>A combination of the intermediary, directory, and ferret models</p> Signup and view all the answers

    What is the characteristic of technology transfer units?

    <p>They use elements of the intermediary and licensing models</p> Signup and view all the answers

    What is the result of a consultant's involvement in a research project?

    <p>The project gets off to a flying start</p> Signup and view all the answers

    What is the essential element of the consultancy model of technology transfer?

    <p>The hiring skilled employees model</p> Signup and view all the answers

    What is considered the stimulus for knowledge, know-how, skills, and expertise?

    <p>Information</p> Signup and view all the answers

    Which companies are likely to buy in more technology?

    <p>Dynamic, innovative firms</p> Signup and view all the answers

    What term is increasingly being used to refer to technology transfer?

    <p>Knowledge transfer</p> Signup and view all the answers

    Why did governments encourage companies to be involved in technology transfer?

    <p>To exploit existing technology for economic growth</p> Signup and view all the answers

    Which industries did governments primarily focus on for utilising developed technology?

    <p>Defence and space industries</p> Signup and view all the answers

    Since 1980, which sector has seen significant growth in technology transfer to private industry?

    <p>Universities</p> Signup and view all the answers

    How much revenue was generated from technology transfer in 2003 in the United States?

    <p>$1.3 billion</p> Signup and view all the answers

    What role does technology transfer play in companies according to the chapter?

    <p>Influence on organizational learning and the innovation process</p> Signup and view all the answers

    What is the first stage in the 4A conceptual framework for technology transfer?

    <p>Awareness</p> Signup and view all the answers

    Which activity is crucial for maintaining an organisation's knowledge base?

    <p>Searching for and acquiring technical information</p> Signup and view all the answers

    How can organisations effectively scan the technological environment?

    <p>By scanning scientific literature and networking</p> Signup and view all the answers

    What is required for effective technology scanning?

    <p>A thorough understanding of internal organisational capabilities</p> Signup and view all the answers

    What is the final stage in the 4A conceptual framework for technology transfer?

    <p>Application</p> Signup and view all the answers

    What must organisations do to recognise the potential benefit of new information?

    <p>Associate it with internal needs and capabilities</p> Signup and view all the answers

    Which mix is crucial for innovation within firms?

    <p>In-house and externally acquired R&amp;D</p> Signup and view all the answers

    What is necessary to search effectively for technology that matches business opportunities?

    <p>Understanding of internal organisational capabilities</p> Signup and view all the answers

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