Reference no: EM131122821

1 Intellectual property is defined as:

Property in technology
Rights over products of the human intellect such as patents and copyrights
Rights over technology transfer
Patent rights

2 How does the patent benefit its owner?

It gives exclusive right for a limited period to exploit the invention or license others to use it.
It gives exclusive right to exploit the invention indefinitely.
It gives exclusive right to generate profits (royalties) from the invention.
It gives the inventor exclusive rights over his/her invention.

3 Which country makes the most applications under the Patent Co-operation Treaty (PCT) process?

The US
China
Japan
Germany

4 The post-war period has seen the emergence of 4 main channels of technology transfer, which are:

Direct sale, renting, leasing or licensing,
Forming an alliance, partnership, management contract or investment.
Franchising, capital goods trade or contract manufacture.
FDI, joint venture and strategic alliances, licensing and trade in capital goods

5 Technological diffusion involves:

The spread of technology from developed to developing countries
The spread of technology, including skills and know-how, from one country to another
Adapting technology to new environments
The import of high-technology products from advanced economies

6 Which of the world's regions had the largest number of internet users in 2009?

Latin America
Europe
Asia
North America