In an Article About the Patents Held by the Research

question 72

Multiple Choice

In an article about the patents held by the Research Services Office at the University of British Columbia, it was written that none of the patents were there because someone set out to invent something new."If we knew what it was that creates innovation, we would all be millionaires ...it's chance, brilliance, an offhand remark...." We know that to obtain a patent we need to have created an "invention." Which of the following would most likely be a patentable invention?

• A)An original artistic work
• B)A unique mark identifying a business or product
• C)A significant scientific principle
• D)A new and useful machine
• E)Novel information used in a person's business that gives him or her a competitive edge

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Definitions:

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.

Asset A

A hypothetical or specific item of economic value owned by an individual or corporation, expected to provide future benefit.

Risk-Free Rate

is the theoretical return on an investment with no risk of financial loss, typically represented by the yield on government securities such as U.S. Treasury bills.

Expected Return

The anticipated yield or gain from an investment over a certain period based on historical data or probabilistic estimates, which may not be guaranteed.