Deck 6: Open Innovation and Collaboration

Question 1

Which of the following is not a common reason why do organizations collaborate?

A) To reduce the cost of technological development or market entry.
B) To reduce the risk of development or market entry.
C) To increase control of new product development.
D) To increase potential markets for new products.

Answer 1

To increase control of new product development.

Question 2

Which is not typical of 'lean' supply relations?

A) Most competitive suppliers and contracts
B) Cost and profit transparency
C) Vendor assessment, plus development
D) Mutual learning, shared experience and investment

Answer 2

Most competitive suppliers and contracts

Question 3

Which of the following is a potential disadvantage of Open Innovation?

A) Reduces the technological uncertainty of development
B) Reduces the costs of internal R&D
C) Increases the reliance on complementary capabilities
D) Increases the pool of knowledge

Answer 3

Increases the reliance on complementary capabilities

Question 4

Learning through collaboration is difficult. Which of the following can constrain learning in an alliance?

A) Common organizational cultures.
B) Levels of tacit or systemic knowledge.
C) Different industry or sector.
D) Diversity of product markets.

Question 5

Which is not a relevant supply market for innovation?

A) Homogeneous - suppliers have very similar performance
B) Differentiated - suppliers differ greatly and one clearly superior
C) Competitive - suppliers are all highly efficient and competitive
D) Indeterminate - suppliers differ greatly under different conditions

Question 6

In practice, which is the least significant factor affecting the decision to acquire external technology?

A) competitive advantage.
B) market expansion.
C) Complementary assets.
D) transaction costs.

Question 7

Which of the following is not a typical potential risk associated with collaboration?

A) leakage of information.
B) establishing standards.
C) loss of control or ownership.
D) divergent aims and objectives.

Question 8

What is an advantage of transitory alliances over joint venture?

A) Careful planning and development of partnerships.
B) Partner choice is based on reputation.
C) Commitment depends upon trust.
D) Focus reduces complexity relationships.

Question 9

Which factor is the least significant for the knowledge acquisition strategy of a firm?

A) competitive significance of the technology
B) cost of the technology
C) complexity of the technology
D) codifiability of the technology

Question 10

Which of the following is least important for the success of an alliance?

A) Past collaboration experience
B) Establishing ground rules
C) Clearly defined objectives
D) Choice of partner

Question 11

Which of the following factors is not a significant influence on the success of collaboration between firms and research organizations?

A) Previous links
B) Commitment
C) Communication
D) Proximity

Question 12

Which of the following is not an example of a horizontal relationship?

A) cross-licensing
B) customer alliances
C) consortia
D) collaboration with competitors

Question 13

Which is not a characteristic of a formal joint venture company structure?

A) knowledge-leakage
B) long-term relationship
C) complementary know-how
D) dedicated management