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 (B)</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 (C)</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 (B)</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 (D)</p> Signup and view all the answers

What is often the outcome of a licensing agreement?

<p>The receipt of a license fee (D)</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 (C)</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 (C)</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 (A)</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 (A)</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 (B)</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 (D)</p> Signup and view all the answers

Where do companies often recruit skilled employees?

<p>From all of the above (D)</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 (B)</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 (B)</p> Signup and view all the answers

What model does the Research Clubs programme adopt?

<p>The science park model (D)</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 (D)</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 (A)</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 (C)</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 (A)</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 (C)</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 (D)</p> Signup and view all the answers

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

<p>Information (A)</p> Signup and view all the answers

Which companies are likely to buy in more technology?

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

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

<p>Knowledge transfer (D)</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 (B)</p> Signup and view all the answers

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

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

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

<p>Universities (D)</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 (D)</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 (C)</p> Signup and view all the answers

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

<p>Awareness (D)</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 (C)</p> Signup and view all the answers

How can organisations effectively scan the technological environment?

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

What is required for effective technology scanning?

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

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

<p>Application (C)</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 (C)</p> Signup and view all the answers

Which mix is crucial for innovation within firms?

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

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