Research into New Technologies

question 534

Multiple Choice

Research into new technologies

• A)provides positive externalities because it creates knowledge others can use.
• B)results in negative externalities because government funding for research causes less government spending in other areas.
• C)is protected by patent laws, which eliminates the need for government intervention.
• D)should only be funded by the corporations that will receive the profits from the research.

---

Definitions:

Idea Evaluation

The systematic analysis of the potential, feasibility, and marketability of a new idea to determine its viability as a business opportunity.

Member Diversity

The range of differences among members of a group or team, including demographics, skills, experiences, and perspectives, which can influence group dynamics and outcomes.

Subgroups

Smaller groups formed within a larger group, often with common interests or characteristics distinguishing them from the larger group.

Team's Composition

The makeup or arrangement of individuals within a team, including their skills, roles, and diversity.