When two or more companies jointly pursue specific new technology development by bringing together diverse skills and/or resources
A)Antitrust regulations have been violated.
B)A competitive advantage has been realized.
C)Technology trading has occurred.
D)A research partnership has been formed.
E)Licensing is involved.

Question

Quizplus · Accepted Answer

When two or more companies jointly pursue specific new technology development, they typically form a research partnership, combining their resources and expertise to achieve a common goal. This approach allows companies to leverage each other's strengths and reduce the risks and costs associated with individual research and development efforts. As long as the companies maintain their independence and do not violate antitrust regulations, this kind of collaboration can be highly beneficial for all parties involved.

When Two or More Companies Jointly Pursue Specific New Technology