The development of a new venture based on an inventor's work often requires
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Answer:
expertise of an entrepreneur
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The whole question is as follows:
The development of a new venture based on an inventor's work often requires ________.
a) Expertise of an entrepreneur
b) Heavy investment from financers
c) Skilled human resources
d) Highly educated staff
Answer:
The correct answer is option (a) Expertise of an entrepreneur.
Explanation:
- The development of a new venture based on an inventor's work often requires the expertise of an entrepreneur.
- The entrepreneur should have a good ability of communication, should have the ability to sell the products or ideas, should be eager to learn and flexible and should have a firm business plan.
- The entrepreneur should have expertise in that particular business that he/she is doing.
So, the development of a new venture based on an inventor's work often requires expertise in the expertise of an entrepreneur.
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