What Is Meant by the Term 'Spillover Effects' in Relation

question 19

Multiple Choice

What is meant by the term 'spillover effects' in relation to investment in technological research and the role of the state?

• A) The ICT function of business can impact across the value chain
• B) It is often the case that if one firm develops a technological advantage that other firms will be able to share in this
• C) That we haven't yet seen the true potential of ICT and that the benefits of the digital age will be much greater in the future
• D) That we need to be careful about boosting technology if the side effect is unemployment

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Definitions:

Civic Development

The process of acquiring the knowledge and skills needed for informed and engaged participation in civic and democratic activities.

Exploration Stage

The phase of development or research where various options, ideas, or possibilities are investigated and evaluated.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Organizational

Relating to the structure or operation of organizations or the study thereof.