1) Which of the following sequences are properly describing the natural progression of phases of economic

evolution:
a. Factor-Driven / Knowledge-Driven / Efficiency-Driven
b. Efficiency-Driven/ Factor-Driven / Knowledge-Driven
c. Factor-Driven / Efficiency-Driven / Knowledge-Driven

2) Security margin in a license performance guarantee for a process is set by:

a. Licensee
b. Licensor
c. Both

3) True or False: Trade Mark is a form of Intellectual Property, while Trade Secret is not

4) Choose the right word: An owner of a proprietary technology is …………….. (permitted – obliged) to provide
access to end users or customers for a cost.

5) True or False: A licensing agreement involves the transfer of rights from the licensee to the licensor.

6) True or False: A strong education system is a key pillar in the knowledge-based economy.

7) True or False: Natural gas coming from the well is made of multiple compounds and cannot be directly
used without treatment.

8) True or False: The four main blocks in a natural gas processing plant can be designed using open-art
processes.

9) True or False: Plant design using open-art processes are normally more efficient than those based on a
licensed technology.

10) True or False: When combining different technology licensors for designing and building a natural gas
treatment plant, the owner takes on more burden and technical responsibility than having one licensor for
an integrated treatment process.

Answers:

1)  c
2)  b
3)  F
4)  permitted
5)  F
6)  T
7)  T
8)  T
9)  F
10)  T