_____ Is a Positive Externality from R&D Resulting from the Spread

question 16

Multiple Choice

_____ is a positive externality from R&D resulting from the spread of knowledge across organizational or regional boundaries.

• A) Technological convergence
• B) Technological determinism
• C) Technological spillover
• D) Technological cluster

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Definitions:

Entrepreneur

An individual who initiates, organizes, and operates a business venture, taking on financial risk to do so.

Respect

The act of showing consideration or appreciation towards others, their feelings, and their rights.

Business

The practice of engaging in commercial, industrial, or professional activities to earn a profit.

Steady Pay

Consistent and regular payments made to employees, typically in the form of a fixed salary or wages.