Which of the following terms best describes a place in which a firm can sell its ideas for full value?
A)Market for ideas
B)Community of ideas
C)Innovation market
D)Patent market
E)Idea environment

Question

Quizplus · Accepted Answer

Market for ideas is a term used to describe a setting where firms can sell their ideas for their full value. It refers to a market in which intellectual property can be traded, licensed or sold for a profit by firms. The market for ideas is characterized by buyers and sellers exchanging knowledge, and firms using open innovation to find new ways to solve problems or improve products.

Which of the Following Terms Best Describes a Place in Which