Question: LAPIULUI Question 5 There are three business models identified by Chesbrough that enables firms to convert technological potential into economic value. Which one of the

LAPIULUI Question 5 There are three business

LAPIULUI Question 5 There are three business models identified by Chesbrough that enables firms to convert technological potential into economic value. Which one of the following is not one of the three business models identified by Chesbrough? 1. Launch a new venture to exploit the technology in new business arenas. 2. Incorporate the technology into the current business. 3. Licence the technology to a third party. 4. Introduce technology re-designs to niche markets. Question 6 new set of Schumpeter put forward the idea that each long wave represents a enabling/transforming technologies, which follows a 1. S-curve 2. regular course 3. punctuated equilibrium 4. linear curve

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