Reference no: EM132169932
1. The demand-pull approach to research and development refers to research and development that:
focuses on developing products that are expected to decrease the demand for their substitute products.
focuses on developing products that are expected to increase demand in a particular market segment.
begins by examining the outcomes of the firm's basic research and the potential commercial applications that may be constructed from those outcomes.
originates as a response to the specific problems or suggestions of customers.
2. The president of Mountain Home University has been asked by the board of trustees to set up a separate unit to facilitate the commercialization of technology developed by the research students at the university. Such a unit is typically called a ________.
technology transfer office
science park
strategic business unit
commercialization office
3. Which of the following statements is true about the Bayh-Dole Act of 1980?
It allowed universities to collect royalties on inventions funded with taxpayer dollars.
It restricted the provision of patents for inventions developed at universities.
It made an investment in research and technology mandatory for public companies.
It made university technology transfer activities illegal and unethical.