Definition In Book Flashcards

0
Q

Idea

A

Something imagined or pictured in the mind

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1
Q

Innovation

A

The practical implementation of an idea into a new device or process

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2
Q

Creativity

A

The ability to produce novel and useful work

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3
Q

Intranet

A

A private network, accessible only to authorized individuals, it is like the internet but operates only with the organization

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4
Q

Basic research

A

Research targeted at increasing scientific knowledge for its own sake. It may or may not have any long-term commercial application

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5
Q

Applied research

A

Research targeted at increasing knowledges for a specific application or need

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6
Q

Development

A

Activities that apply knowledge to produce useful devices, materials, or processes

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7
Q

Complementors

A

Producers of complementary goods are complementors

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8
Q

Absorptive ability

A

The ability of an organization to recognize, assimilate, and utilize new knowledge

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9
Q

Technology transfer offices

A

Offices designed to facilitate the transfer of technology developed in a research environment to an environment where it can be commercially applied

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10
Q

Science parks

A

Regional district, typically set up by government, to foster R and D collaboration between government, universities, and private firms

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11
Q

Incubators

A

Institutions designed to nurture the development of new businesses that might otherwise lack access to adequate funding or advice

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