Definition In Book Flashcards
Idea
Something imagined or pictured in the mind
Innovation
The practical implementation of an idea into a new device or process
Creativity
The ability to produce novel and useful work
Intranet
A private network, accessible only to authorized individuals, it is like the internet but operates only with the organization
Basic research
Research targeted at increasing scientific knowledge for its own sake. It may or may not have any long-term commercial application
Applied research
Research targeted at increasing knowledges for a specific application or need
Development
Activities that apply knowledge to produce useful devices, materials, or processes
Complementors
Producers of complementary goods are complementors
Absorptive ability
The ability of an organization to recognize, assimilate, and utilize new knowledge
Technology transfer offices
Offices designed to facilitate the transfer of technology developed in a research environment to an environment where it can be commercially applied
Science parks
Regional district, typically set up by government, to foster R and D collaboration between government, universities, and private firms
Incubators
Institutions designed to nurture the development of new businesses that might otherwise lack access to adequate funding or advice