A start-up and an established company have entered into a business agreement. In this arrangement, the established company will provide capital and other resources and the start-up will contribute its technological expertise. This method of acquiring new technology is known as
A) offshoring.
B) research partnership.
C) benchmarking.
D) technology trading.
E) internal development.

Question

Quizplus · Accepted Answer

The arrangement between the start-up and the established company is a research partnership, where one party provides capital and resources while the other contributes technological expertise.

A Start-Up and an Established Company Have Entered into a Business