For which of the following reasons might a firm choose to trade technology?
A)to facilitate first-mover advantages
B)to avoid development costs
C)to build barriers to entry
D)to partner with competitors
E)to create diseconomies of scope

Question

Quizplus · Accepted Answer

A firm might trade technology to avoid development costs, as acquiring technology from others can be more cost-effective than developing it in-house.

For Which of the Following Reasons Might a Firm Choose