The Objective of the Small Business Technology Transfer (STTR)program Is

question 42

Multiple Choice

The objective of the Small Business Technology Transfer (STTR) program is to

• A) more fully leverage the innovation that takes place in research laboratories by connecting research scientists with entrepreneurs.
• B) help small businesses develop and commercialize a new innovation.
• C) to provide financial assistance to small business that have significant innovation capabilities.
• D) to aid technology entrepreneurs by offering them financial and advisory services.

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Definitions:

Decision Tree Methodology

A problem-solving tool that uses a tree-like model of decisions and their possible consequences, including chance event outcomes, resource costs, and utility.

Risk-Adjusted

Describes a method of evaluating investments, strategies, or projects taking into consideration the uncertainty and the potential for loss or variance from expected results.

Exchange Rates

The value of one currency for the purpose of conversion to another, influencing international trade and economics.

Global Supply Chain

A complex network of suppliers, manufacturers, and distributors operating across multiple countries to produce and deliver goods.