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Question
In the context of s-curves in technological improvement, performance improvement in the early stages of a technology is rapid.
Answer
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Related questions
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User innovators typically create new product innovations in order to profit from the sale of the innovation to customers.
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Innovation often originates with those who create solutions for their own needs.
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An organizations overall creativity level is a simple aggregate of the creativity of the individuals it employs.
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An individual with only a moderate degree of knowledge of a field will be able to produce more creative solutions than an individual with extensive knowledge of the field.
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Explain how computer-aided design and flexible manufacturing technologies help create small niches in the market place. Provide an example to illustrate your answer.
Q:
The innovation process is often conceived of as a funnel because:
a. most innovative ideas become successful new products.
b. it decreases the amount of output achievable from a given quantity of labor and capital.
c. it increases the importance of production economies of scale.
d. there are many potential new product ideas and only a few make it through the development process.
Q:
Technology is in its purest essence _____.
a. knowledge
b. trial and error
c. experimentation
d. guesswork
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Technological innovations increase:
a. the gross domestic product of an economy.
b. product life cycles.
c. the time required for product development and introduction.
d. the production costs of multiple product variations.
Q:
Firms that charge headlong into new product development usually have short development cycles.
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If a business discharges untreated chemical waste into local water bodies, it imposes a negative externality on the community members.
Q:
Not-invented-here syndrome occurs when:
a. a division of a firm is reluctant to adopt other divisions innovations.
b. a firm tends to always adopt innovations developed by competitors.
c. an innovation is openly accepted without testing its suitability.
d. developers of a failed innovation refuse to take responsibility for its failure.
Q:
In the 1980s and 1990s, Neon Co. was the most successful firm in the television market. The firm believed that competitors would never be able to produce televisions comparable to its quality and cost. As a result, it was unable to respond to the new generations of television that Japanese competitors had begun to infiltrate the market with. Eventually, Neon lost its market leadership to its competitors. This is a typical example for the _____.
a. Giffen effect
b. Hawthorne effect
c. Idiosyncrasy credit
d. Icarus Paradox
Q:
A loosely coupled structure is better suited for activities that involve exchange of tacit knowledge.
Q:
In a loosely coupled structure, development and production activities achieve coordination through tight integration.
Q:
According to Joseph Schumpeter, small firms are likely to have better-developed complementary activities such as marketing or financial planning that enable them to be more effective innovators than larger firms.
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George has come up with a new computer program to help online sellers manage online auctions at sites such as eBay and others. It is superior to just using a spreadsheet to track auctions. He would like his program to become the dominant design, but also wants to earn a profit from all his hard work. What can George do to most effectively meet both of these objectives?
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What is a trademark? How can the rights to a trademark or service mark be established?
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Albert has designed a license plate holder for automobiles that makes theft of the license plate practically impossible. He has limited income and feels that he needs to protect his patent in numerous countries so that he can sell his product there in the future. Discuss how Albert can accomplish this.
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Stevenson, a U.S. citizen, wrote a book called The Ten Commandments of Leadership. He gave away copies of this book to the people who attended his workshops on leadership. The copyright protection for this book: a. is nonexistent unless Stevenson registers it with the Copyright Office. b. is in effect from the time the book was created and fixed in a copy. c. will be valid for only 20 years since the publication of the book. d. will be valid till Stevenson dies.
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Joes Burgers is a famous fast food chain that uses a picture of a cook in a red hat as its symbol. It is not legal for you to sell hamburgers with the same identification picture as that of Joes Burgers because that would be a(n):
a. patent violation.
b. trademark violation.
c. embargo violation.
d. trade secret violation.
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After much research, Angela has designed a new automobile tire that has a unique polycarbonate exterior which cannot be punctured. In the context of patenting this invention, which of the following statements is true under U.S. patent law? a. It can be patented as it is useful, novel, and not obvious. b. It can only receive a plant patent. c. It can be patented because tires are tangible products. d. It cannot be patented as it is only eligible for a copyright protection.
Q:
In the United States there are no laws to protect trade secrets.
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A common set of international copyright laws automatically protects an author’s work throughout the world
Q:
If an inventor received a utility patent in the United States in June 2004, then his or her patent would be valid as of the same date in member countries of the Paris Convention, if he or she applies for protection in those countries within 12 months.
Q:
Discovery of scientific principles that pertain to natural laws can be patented.
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Greyer Co. has developed a method of killing cancer cells with light in a process called Photodynamic Therapy (PDT). While their scientists have the medical knowledge, they are short on equipment, money, and marketing know-how. As a consultant what would you advise Greyer to do?
Q:
What are the advantages and disadvantages of collaborating for research and product development?
Q:
When each partner contributes capital and owns a specified right to a percentage of the proceeds from the alliance, the collaborative relationship is referred to as _____.
a. equity ownership
b. relational governance
c. alliance contracts
d. solo internal development
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_____ refers to the degree to which partners have compatible objectives and styles.
a. Resource fit
b. Strategic fit
c. Capability complementation
d. Contractual fit
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NetTech Inc. is a software manufacturing firm. Since it lacks advertising and marketing capabilities, the firm collaborates with Matrix Advertisers Inc. to improve its marketing efforts. This collaboration is based on the combination of _____.
a. supplementary stocks of resources
b. primary resources
c. complementary resources
d. secondary resources