CONFIDENTIAL BM/OCT 2007/ENT600

UNIVERSITI TEKNOLOGI MARA

FINAL EXAMINATION

COURSE : TECHNOLOGY ENTREPRENEURSHIP

COURSE CODE : ENT600
EXAMINATION : OCTOBER 2007
TIME : 3 HOURS

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of eight (8) questions

2. Answer five (5) questions only in the Answer Booklet. Start each answer on a new page

3. Do not bring any material into the examination room unless permission is given by the
invigilator.

4. Please check to make sure that this examination pack consists of:

i) the Question Paper

ii) an Answer Booklet - provided by the Faculty

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO

This examination paper consists of 3 printed pages
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CONFIDENTIAL 2 BM/OCT 2007/ENT600

QUESTION 1

(a) Define the term commercialization of new technology.

(4 marks)

(b) Describe a Technology Life Cycle (TLC) and discuss under what circumstances a
technology performance will become vulnerable?
(16 marks)

QUESTION 2

(a) Describes the four types of innovation and provide an example for each type of the
innovation.
(10 marks)

(b) What are the major sources of innovation? Explain and give an example of each.

(10 marks)

QUESTION 3

(a) What is intellectual property (IP) right?

(5 marks)

(b) En. Kassim has invented a new product. Discuss in what way IP right protects En.
Kassim's invention.
(5 marks)

(c) Analyze the risk that En. Kassim has to consider if he intends to export his invention.
Suggest steps that should be taken by En. Kassim to protect his invention abroad.

(10 marks)

QUESTION 4

(a) Explain the terms product design and product development.

(5 marks)

(b) Dino Engineering Sdn. Bhd. is engaged in a product development process. Discuss
the product development activities that need to be carried out by Dino Engineering
Sdn. Bhd.
(10 marks)

(c) Explain the importance of product development to technological based venture like
Dino Engineering Sdn. Bhd.
(5 marks)

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CONFIDENTIAL 3 BM/OCT 2007/ENT600

QUESTION 5

(a) En. Murad is applying a trademark for his new venture. Explain the functions of
trademark to En. Murad's new venture.
(10 marks)

(b) Why trademark is important to En. Murad 's business?

(10 marks)

QUESTION 6

(a) Explain the characteristics of growth stage of a business.

(8 marks)

(b) Discuss why a technopreneur expands his business and how business growth can
be achieved?
(12 marks)

QUESTION 7

(a) After successfully commercializing his new invention, En Murad plans to harvest his
business. Why does a technopreneur pursue harvest strategy?
(10 marks)

(b) What are the differences between harvest and retrenchment strategy? Identify the
factors that may influence a technopreneur to adopt retrenchment strategy.

(10 marks)
QUESTION 8

(a) Briefly describe how funds for technology ventures are generally raised.
(4 marks)

(b) Identify and describe four (4) main sources of debt financing for technology-based
ventures.
(8 marks)

(c) Identify eight (8) of the most common criteria venture capitalists use in selecting a
business proposal.
(8 marks)

END OF QUESTION PAPER

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