Question: B-CHOOSE ONE CASE STUDY, ANSWER THE QUESTIONS GIVEN UNDER THE CASE 1. EACH ANSWER CARRYS 3 MARKS. (2X3= 6 MARKS) Case no 1. (Government's Role

B-CHOOSE ONE CASE STUDY, ANSWER THE QUESTIONS
B-CHOOSE ONE CASE STUDY, ANSWER THE QUESTIONS GIVEN UNDER THE CASE 1. EACH ANSWER CARRYS 3 MARKS. (2X3= 6 MARKS) Case no 1. (Government's Role in Innovation) In many international settings, the government plays a critical role in research and development planning to increase the ability of the organizations to pursue an innovation strategy For example, in Korea, there is the national R&D Ministry of Science and Technology. This ministry plays an active role in targeting specific areas of research and development in the nation. Much of the research in other nations such as China follows this type of model. in the United States, the government plays a critical role, providing 30 to 40 percent of the annual expenditures for research and development. However, the model in the United States has been to develop cooperative ventures with the government, education, and/or business as partners. Although there are some government laboratories, most of the expenditures are grants provided to academic institutions and to businesses 1. How did the governments in the case help increase the ability of the organizations for innovation strategy? 2. How important is the innovation for achieving higher market share and strong competitive advantage

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