Licensing an Innovation to Another Firm, Rather Than Developing and Commercializing

question 10

Multiple Choice

Licensing an innovation to another firm, rather than developing and commercializing it inhouse, has the following advantage:

• A)Increases managerial control of development and commercialisation.
• B)Reduces the cost and risk of development and commercialisation.
• C)Increases the profitability of development and commercialisation.
• D)Reduces managerial control of development and commercialisation.

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Definitions:

Violent Crime

Acts of crime that involve force or the threat of force against others, including homicide, rape, robbery, and assault.

Suburbs

Residential areas located on the outskirts of a city or large town, typically characterized by lower population density than urban centers but more than rural areas.

Social Scientific Evidence

Information and insights derived from systematic study of society and the behaviors of individuals within society, using methodologies of the social sciences.

Immigrants

Individuals who move from their country of origin to live in a foreign country, often seeking better living conditions, employment, or educational opportunities.