Innovation Management Chapter 11

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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?

Science parks separate R&D from manufacturing, while business parks combine them Signup and view all the answers

What is the primary function of an intermediary agency model?

To connect companies seeking technology with those offering it Signup and view all the answers

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

A list of available technologies for licensing Signup and view all the answers

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

To utilize the university's knowledge base Signup and view all the answers

What is often the outcome of a licensing agreement?

The receipt of a license fee Signup and view all the answers

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

To transfer technology between universities and small companies Signup and view all the answers

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

Two days 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?

Knowledge Transfer Partnership model Signup and view all the answers

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

To generate commercial revenue from defence technology Signup and view all the answers

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

To identify commercial opportunities for defence technology Signup and view all the answers

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

Hiring skilled employees Signup and view all the answers

Where do companies often recruit skilled employees?

From all of the above Signup and view all the answers

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

It gains necessary technology quickly Signup and view all the answers

What is the primary purpose of technology transfer units?

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

What model does the Research Clubs programme adopt?

The science park model Signup and view all the answers

What is the primary role of consultants in technology transfer?

To offer their unique skills to the wider industry Signup and view all the answers

What is a limitation of technology transfer models?

They fail to understand the recipient organisation's needs Signup and view all the answers

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

A combination of the intermediary, directory, and ferret models Signup and view all the answers

What is the characteristic of technology transfer units?

They use elements of the intermediary and licensing models Signup and view all the answers

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

The project gets off to a flying start Signup and view all the answers

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

The hiring skilled employees model Signup and view all the answers

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

Information Signup and view all the answers

Which companies are likely to buy in more technology?

Dynamic, innovative firms Signup and view all the answers

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

Knowledge transfer Signup and view all the answers

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

To exploit existing technology for economic growth Signup and view all the answers

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

Defence and space industries Signup and view all the answers

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

Universities Signup and view all the answers

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

$1.3 billion Signup and view all the answers

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

Influence on organizational learning and the innovation process Signup and view all the answers

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

Awareness Signup and view all the answers

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

Searching for and acquiring technical information Signup and view all the answers

How can organisations effectively scan the technological environment?

By scanning scientific literature and networking Signup and view all the answers

What is required for effective technology scanning?

A thorough understanding of internal organisational capabilities Signup and view all the answers

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

Application Signup and view all the answers

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

Associate it with internal needs and capabilities Signup and view all the answers

Which mix is crucial for innovation within firms?

In-house and externally acquired R&D Signup and view all the answers

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

Understanding of internal organisational capabilities Signup and view all the answers