The process of taking a new technology from the laboratory to the marketplace is called
A) economies of scope versus operating leverage.
B) the R&D mix.
C) technological competence.
D) technology transfer.
E) technology discontinuity.

Question

Quizplus · Accepted Answer

The process of taking a new technology from the laboratory to the marketplace is commonly referred to as technology transfer. This involves the transfer of knowledge and intellectual property rights from the research and development (R&D) team to the commercialization team. It includes activities such as designing a product, scaling up production, and marketing the product to potential customers.

The Process of Taking a New Technology from the Laboratory