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CONFIDENTIAL BM/OCT 2007/ENT600

UNIVERSITI TEKNOLOGI MARA

FINAL EXAMINATION

COURSE

COURSE CODE

EXAMINATION

TIME

: TECHNOLOGY ENTREPRENEURSHIP

: ENT600

: OCTOBER 2007

: 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 theinvigilator.

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

i) the Question Paperii) an Answer Booklet - provided by the Faculty

DO NOT TURN THIS PAGE UNTIL YO U ARE TOLD TO DO SOThis 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 atechnology performance will become vulnerable?

(16 marks)

QUESTION 2

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

(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. Discussthe product development activities that need to be carried out by Dino EngineeringSdn. Bhd.

(10 marks)

(c) Explain the importance of product development to technological based venture likeDino 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 oftrademark 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 canbe achieved?

(12 marks)

QUESTION 7

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

(10 marks)

(b) What are the differences between harvest and retrenchment strategy? Identify thefactors 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-basedventures.

(8 marks)

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

(8 marks)

END OF QUESTION PAPER

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