Which of the following is a reason for a firm to choose technology trading to acquire new technology?
A) for proprietary ownership
B) for cost effectiveness
C) to be the sole user of a technology
D) to gain competitive advantage
E) to be the first mover in the industry

Question

Quizplus · Accepted Answer

Technology trading can be cost-effective as it allows firms to acquire new technology without the high costs associated with developing it in-house.

Which of the Following Is a Reason for a Firm