Any Arrangement in Which a Firm Voluntarily Makes Its Privately

question 88

Multiple Choice

Any arrangement in which a firm voluntarily makes its privately owned technology available to other firms in exchange for access to the technology of the second company, or for payment of an agreed-upon fee, is defined as

• A) cross licensing of patents
• B) technology trading
• C) process innovation.
• D) a ratchet.
• E) product innovation.