Technology Management and Intellectual Property Quiz
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Questions and Answers

What is the main focus of technology management protection methods?

  • Ensuring complete secrecy of all business processes
  • Maximizing revenue generation
  • Promoting open-source sharing of intellectual assets
  • Protecting the knowledge and expertise embedded in products, services and manufacturing systems (correct)
  • What are considered as intellectual capital/assets in broad terms?

  • Competencies, technologies, and brands (correct)
  • Physical infrastructure and machinery
  • Human resource management practices
  • Financial assets and liabilities
  • What can provide competitive advantage and generate revenue if they are based on a collection of routines, skills, and complementary assets that are difficult to imitate?

  • Standardized products with no unique features
  • Publicly available information
  • Basic operational procedures
  • Knowledge and developed products and processes (correct)
  • What are the difficulties in measuring the value of intellectual assets?

    <p>The intangible nature of intellectual assets</p> Signup and view all the answers

    What is the relationship between protection and business models in the context of technology management?

    <p>There is a link between protection and business models</p> Signup and view all the answers

    What does protection refer to in the context of technology management?

    <p>Protecting the knowledge and expertise embedded in products, services, and manufacturing systems</p> Signup and view all the answers

    What are considered as intellectual capital/assets in technology management?

    <p>Competencies, technologies, and brands</p> Signup and view all the answers

    What is the primary requirement for knowledge and developed products to provide competitive advantage and generate revenue?

    <p>They are based on a collection of routines, skills, and complementary assets that are difficult to imitate</p> Signup and view all the answers

    What is the main challenge in measuring the value of intellectual assets?

    <p>Difficulty in quantifying the worth of knowledge and expertise</p> Signup and view all the answers

    What is the relationship between protection and business models in technology management?

    <p>There are links between protection and business models</p> Signup and view all the answers

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