Which of the Following Statements Is True for an Innovation

question 64

Multiple Choice

Which of the following statements is true for an innovation hub?

• A)It refers to a geographic region that contains a cluster of company R&D centers, universities, and government research institutes in close proximity.
• B)It refers to the virtual concentration of manufacturers, company R&D centers, dealers and distributors dealing with the same products.
• C)It refers to the pooling of resources for research and development by countries producing and exporting the same kind of products.
• D)It refers to the R&D centers set up by the governments that finance ideas of independent individuals and organizations alike.
• E)It refers to a conglomeration of organizations who share cutting-edge technology and latest business practices for mutual benefit.

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Definitions:

At Issue

A term often used when new securities are released to the market, indicating they are currently being offered for sale to the public.

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until the maturity date when the principal and the final interest payment are paid.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, factoring in its current price, interest payments, and face value.

Par Value

The face value of a bond or stock as stated by the issuing company, which may differ from its market value.