A Firm Has an Innovation That Has Weak Patent Protection

question 41

Multiple Choice

A firm has an innovation that has weak patent protection but its exploitation requires a number of complementary resources that it does not possess.Its best mode of exploiting the innovation is likely ot be:

• A)Licensing.
• B)Joint venture.
• C)Internal commercialization.
• D)Acquiring a company that does possess the required complementary resources.

---

Definitions:

Capillaries

The smallest blood vessels in the body, connecting arteries to veins, which facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrient and waste substances between blood and surrounding tissues.

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body.

Echocardiography

Echocardiography is a diagnostic procedure that uses ultrasound waves to create images of the heart, allowing for the assessment of its structure and function.

Electrocardiogram

A test that measures the electrical activity of the heart to show whether it is working normally or to detect heart conditions.