Question 1

_____ is an index that shows the main enablers that encourage innovation to take place in a given country.

Accepted Answer

Global Inn

Question 2

Government investments in infrastructure that support new technology provide insignificant returns in terms of promoting innovation.

Accepted Answer

A) True 
 B)False

Question 3

Starbucks has introduced the concept of "Starbucks Idea" wherein customers can make suggestions with regard to the products and services offered by the company. It has online Starbucks Idea Partners who listen to the ideas, ask questions, and tell what the company does. This is an example of:

Accepted Answer

A)  collaboration. 
B)  a patent. 
C)  process innovation. 
D)  open innovation. 
E)  a social network. 
A)  collaboration. 
B)  a patent. 
C)  process innovation. 
D)  open innovation. 
E)  a social network.

Question 4

A(n) _____uniquely identifies the source of the product.

Accepted Answer

The answer of A(n) _____uniquely identifies the source of the...

Question 5

Which of the following statements is true for basic research?

Accepted Answer

A)  It refers to accumulating knowledge necessary to determine the means by which a recognized and specific need may be met. 
B)  It refers to the use of technology to understand the latent needs and preferences of the customers in the market. 
C)  It refers to the pursuit of scientific investigations without commercial goals, focusing on unravelling the secrets of nature and finding new knowledge. 
D)  It refers to the process of promoting the use of scientific knowledge in forecasting the demands of different products in the market. 
E)  It refers to establishing an infallible supply chain network by incorporating the best practices in channel distribution. 
A)  It refers to accumulating knowledge necessary to determine the means by which a recognized and specific need may be met. 
B)  It refers to the use of technology to understand the latent needs and preferences of the customers in the market. 
C)  It refers to the pursuit of scientific investigations without commercial goals, focusing on unravelling the secrets of nature and finding new knowledge. 
D)  It refers to the process of promoting the use of scientific knowledge in forecasting the demands of different products in the market. 
E)  It refers to establishing an infallible supply chain network by incorporating the best practices in channel distribution.

Question 6

Innovation hubs usually have a specific industry focus.

Accepted Answer

A) True 
 B)False

Question 7

What is an innovation hub?

Accepted Answer

Innovation hubs are geographic locations

Question 8

The US government's _____ monitors intellectual property rights around the world and fights IP theft.

Accepted Answer

Office of

Question 9

_____ refers to the resources such as ideas, information, money, and trust that one is able to access through one's social network.

Accepted Answer

The answer of _____ refers to the resources such as...

Question 10

What is the essential difference between an invention and an innovation?

Accepted Answer

An invention brings an idea into tangibl

Question 11

Which of the following statements is true for Research and Development?

Accepted Answer

A)  It refers to the process of promoting the use of scientific knowledge in forecasting the demand for different products in the market. 
B)  It refers to the process of identifying new ideas and turning them into tangible products or processes. 
C)  It refers to the pursuit of investigations without commercial goals, focusing on unravelling the secrets of nature. 
D)  It refers to the use of technology in trying to understand the latent needs and preferences of the customers in the market. 
E)  It refers to any confidential business information which provides an enterprise with a competitive edge. 
A)  It refers to the process of promoting the use of scientific knowledge in forecasting the demand for different products in the market. 
B)  It refers to the process of identifying new ideas and turning them into tangible products or processes. 
C)  It refers to the pursuit of investigations without commercial goals, focusing on unravelling the secrets of nature. 
D)  It refers to the use of technology in trying to understand the latent needs and preferences of the customers in the market. 
E)  It refers to any confidential business information which provides an enterprise with a competitive edge.

Question 12

_____ refers to a series of linked activities (steps, tasks, or subprocesses) that produce an intended result.

Accepted Answer

A)  Collaboratory 
B)  Patent 
C)  Trademark 
D)  Process 
E)  Copyright 
A)  Collaboratory 
B)  Patent 
C)  Trademark 
D)  Process 
E)  Copyright

Question 13

A government can fund R&D directly, by offering grants to universities and research centers.

Accepted Answer

A) True 
 B)False

Question 14

_____ refers to the exclusive rights granted to owners, under law, for their intangible assets.

Accepted Answer

A)  Claim-rights 
B)  Terms of service 
C)  Intellectual property rights 
D)  Process innovation 
E)  Privileges 
A)  Claim-rights 
B)  Terms of service 
C)  Intellectual property rights 
D)  Process innovation 
E)  Privileges

Question 15

Which of the following statements is true for a business cluster?

Accepted Answer

A)  It refers to the geographic concentration of business initiatives, suppliers, and associated institutions in a particular field. 
B)  It refers to the virtual concentration of manufacturers, dealers, and distributors dealing with the same product. 
C)  It refers to the categorization of countries similar in economic status and dealing with similar financial issues. 
D)  It refers to the regional concentration of customers who make the same social and cultural references while evaluating products. 
E)  It refers to a conglomeration of organizations who share cutting-edge technology and latest business practices for mutual benefit. 
A)  It refers to the geographic concentration of business initiatives, suppliers, and associated institutions in a particular field. 
B)  It refers to the virtual concentration of manufacturers, dealers, and distributors dealing with the same product. 
C)  It refers to the categorization of countries similar in economic status and dealing with similar financial issues. 
D)  It refers to the regional concentration of customers who make the same social and cultural references while evaluating products. 
E)  It refers to a conglomeration of organizations who share cutting-edge technology and latest business practices for mutual benefit.

Question 16

What are the most pressing challenges of developing R&D centers in different countries?

Accepted Answer

One of the challenges of a distributed g

Question 17

A trade secret may relate to technical matters, such as the composition or design of a product, a method of manufacture, or the know-how necessary to perform a particular operation.

Accepted Answer

A) True 
 B)False

Question 18

_____ is the global nongovernmental organization tasked with coordinating and marshalling efforts to harmonize intellectual property rights among countries and regions.

Accepted Answer

A)  World Anti-Piracy Task Force 
B)  World Trade Representatives Forum 
C)  World Trade Organization 
D)  World Intellectual Property Organization 
E)  World Bank Intellectual Trade Division 
A)  World Anti-Piracy Task Force 
B)  World Trade Representatives Forum 
C)  World Trade Organization 
D)  World Intellectual Property Organization 
E)  World Bank Intellectual Trade Division

Question 19

One of the features common to both open innovation and user-led innovation is the important and integral role played by social networks.

Accepted Answer

A) True 
 B)False

Question 20

What is the Global Innovation Index?

Accepted Answer

The Global Innovation Index is an index

_____ is an index that shows the main enablers that encourage innovation to take place in a given country.

Government investments in infrastructure that support new technology provide insignificant returns in terms of promoting innovation.

Starbucks has introduced the concept of "Starbucks Idea" wherein customers can make suggestions with regard to the products and services offered by the company. It has online Starbucks Idea Partners who listen to the ideas, ask questions, and tell what the company does. This is an example of:

A(n) _____uniquely identifies the source of the product.

Which of the following statements is true for basic research?

Innovation hubs usually have a specific industry focus.

What is an innovation hub?

The US government's _____ monitors intellectual property rights around the world and fights IP theft.

_____ refers to the resources such as ideas, information, money, and trust that one is able to access through one's social network.

What is the essential difference between an invention and an innovation?

Which of the following statements is true for Research and Development?

_____ refers to a series of linked activities (steps, tasks, or subprocesses) that produce an intended result.

A government can fund R&D directly, by offering grants to universities and research centers.

_____ refers to the exclusive rights granted to owners, under law, for their intangible assets.

Which of the following statements is true for a business cluster?

What are the most pressing challenges of developing R&D centers in different countries?

A trade secret may relate to technical matters, such as the composition or design of a product, a method of manufacture, or the know-how necessary to perform a particular operation.

_____ is the global nongovernmental organization tasked with coordinating and marshalling efforts to harmonize intellectual property rights among countries and regions.

One of the features common to both open innovation and user-led innovation is the important and integral role played by social networks.

What is the Global Innovation Index?

Introduction

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Exporting, Importing, and Global Sourcing

Strategy and International Business

Global Entrepreneurship and Intrapreneurship

Winning Through Effective, Global Talent Management

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters

Exam 13: Harnessing the Engine of Global Innovation

_____ is an index that shows the main enablers that encourage innovation to take place in a given country.

Government investments in infrastructure that support new technology provide insignificant returns in terms of promoting innovation.

Starbucks has introduced the concept of "Starbucks Idea" wherein customers can make suggestions with regard to the products and services offered by the company. It has online Starbucks Idea Partners who listen to the ideas, ask questions, and tell what the company does. This is an example of:

A(n) _____uniquely identifies the source of the product.

Which of the following statements is true for basic research?

Innovation hubs usually have a specific industry focus.

What is an innovation hub?

The US government's _____ monitors intellectual property rights around the world and fights IP theft.

_____ refers to the resources such as ideas, information, money, and trust that one is able to access through one's social network.

What is the essential difference between an invention and an innovation?

Which of the following statements is true for Research and Development?

_____ refers to a series of linked activities (steps, tasks, or subprocesses) that produce an intended result.

A government can fund R&D directly, by offering grants to universities and research centers.

_____ refers to the exclusive rights granted to owners, under law, for their intangible assets.

Which of the following statements is true for a business cluster?

What are the most pressing challenges of developing R&D centers in different countries?

A trade secret may relate to technical matters, such as the composition or design of a product, a method of manufacture, or the know-how necessary to perform a particular operation.

_____ is the global nongovernmental organization tasked with coordinating and marshalling efforts to harmonize intellectual property rights among countries and regions.

One of the features common to both open innovation and user-led innovation is the important and integral role played by social networks.

What is the Global Innovation Index?

Introduction

International Trade and Foreign Direct Investment

Culture and Business

World Economies

Global and Regional Economic Cooperation and Integration

International Monetary System

Foreign Exchange and the Global Capital Markets

International Expansion and Global Market Opportunity Assessment

Exporting, Importing, and Global Sourcing

Strategy and International Business

Global Entrepreneurship and Intrapreneurship

Winning Through Effective, Global Talent Management

Competing Effectively Through Global Marketing, Distribution, and Supply-Chain Management

Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Filters