New Product Development and Technology Licensing for the Smaller Firm

Article Abstract:

The potential demand for new product development licensing is high. Cost, knowledge, and administrative usage are major constraints of this potential. Smaller firms have problems with effective licensing, not knowing the best way to explore new products. Failure to explore potential costs may be responsible for failure of product agreements. If a smaller firm does license successfully, rapid growth could be a major advantage. Management must diversify itself to allow for new product development to continue once it has begun. Graphs are included to show the risk of licensing new product development.

Product development, New Product, Products, Product Introduction, Licensing, Certification

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CBI Seeks New Measures to Help Smaller Firms

Article Abstract:

The Confederation of British Industry (CBI) is seeking government assistance for small businesses. Tax and cost incentives are being sought to stimulate the economy. Financing is another form to share the capital wealth. Refining business schemes is the thrust behind this effort to increase small firms' capital.

Laws, regulations and rules, Legislative process, Government Regulation, Incentives, United Kingdom, Capital Gains, Tax Deduction, Legislation

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More EEC Cash to Help British Business

Article Abstract:

England's small businesses have been allocated fifteen million pounds in low interest funds. The loans are available over eight years and interest is paid on the first two years only. Eleven per cent is the going interest rate to try and stir up the economy and industry.

England, Financing, European Economic Community, Loan

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