Exam 2: Developing an Innovation Strategy and Building the Innovative Organization

Deciding where to locate and perform R&D depends on a number of factors. Which of the following is not a significant influence?

Prahalad and Hamel argue that the capacity to open up new product markets requires distinctive core competencies, coupled with methods of corporate organization and evaluation that explicitly recognize the importance of these competencies. Which of the following is not true of core competencies?

Technological leadership in firms does not necessarily translate itself into economic benefits. The capacity of the firm to appropriate the benefits of its investment in technology depends on its position. Which of the following is not relevant?

Cognitive maps are a useful methods to encourage creativity and promote innovation. Which of the following is not a benefit of using cognitive maps?

A number of models of the creative process can be helpful to those who need to engage in innovation and entrepreneurship. One proven and practical process for challenging the way we perceive things includes three main stages. Which of these is not a stage in the process?

Firms have many reasons for monitoring and learning from the development of technological, production and organizational competencies of systems of innovation in other countries, and especially from those that are growing and strong. Which of the following is not a significant reason?

Which of the following is the least common method used by firms to learn about competitors' innovations?

Which of the following is not one of the main factors influencing the decision where to locate R&D globally?

The national system of innovation in which a firm is embedded matters greatly, since it strongly influences both the direction and the vigour of its own innovative activities. This includes national market incentives and pressures to which firms have to respond. Which of the following is not a significant incentive?

Four factors have a major influence on the ability of a firm to develop and create value through innovation. Which of the following is not one of these factors?

In his popular book, The World is Flat: The globalized world in the 21st century (Penguin, 2006), Thomas Friedman argues that developments in technology and trade, in particular information and communications technologies (ICTs), are spreading the benefits of globalization to the merging economies, promoting their development and growth. Which of the following is not true?

Firms' innovative behaviours are strongly influenced by the competencies of their managers and the ways in which their performance is judged and rewarded (and punished). Methods of judgement and reward vary considerably amongst countries, according to their national systems of corporate governance: in other words, the systems for exercising and changing corporate ownership and control. Which of the following is not generally true?

Firms in emerging economies may pursue different routes to upgrading through innovation. Which of the following is not a common pathway?

The notions of core competence and dynamic capabilities are useful as they emphasize the importance of developing firm-level resources. However, there are a number of limitations to these approaches. Which of the following is not a significant limitation of the concepts?

At each of the different stages of developing a new venture there are different significant challenges to overcome in order to make a successful transition to the next stage, what the researchers call "critical junctures". Which of the following is not normally such a critical transition?