Multiple Choice
The choice of a strategy to exploit innovation depends on two factors:
A) luck and past experience in the industry.
B) characteristics of the innovation and a firm's financial resources.
C) characteristics of the innovation and a firm's resources and capabilities.
D) the nature of the innovation, and how large the firm is.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: An innovation which comes to dominate the
Q14: Why is innovation no guarantee of success
Q15: If a firm or a person secures
Q16: Most inventions are based on new technology.
Q17: Innovation must involve the attempted commercialisation of
Q19: Industry standard solutions always appear.
Q20: Firms innovate because<br>A)the human race is naturally
Q21: Invention and innovation<br>A)are closely related, so the
Q22: Close co-operation with a major potential customer
Q23: The connection between invention and innovation is<br>A)they