Transferring technology and know-how ________.
A) promotes local innovation and enterprise
B) depresses derived demand for business commodities
C) encourages the development of market monopolies
D) lowers the competitive advantages of firms

Question

Quizplus · Accepted Answer

Transferring technology and know-how can promote local innovation and enterprise by providing new skills and knowledge to individuals and companies. This can lead to the development of new products, services, and industries, which can have positive economic effects on the local community. Option B, C, and D are incorrect because they do not reflect the potential positive impacts of technology transfer.

Transferring Technology and Know-How ________