Licensing an innovation to another firm, rather than developing and commercialising it inhouse, has the following advantage: Select one: a. Increases managerial control of development and commercialisation b. Increases the profitability of development and commercialisation c. Reduces the cost and risk of development and commercialisation d. Reduces managerial control of development and commercialisation Gilardoni identifies several strategic reasons why firms take out patents. Which of the following is not on Gilardoni's list? Select one: a. Offensive b. Financial c. Reputation d. Distribution Cross-functional teams are an effective way to promote knowledge-sharing. Which of the following is generally not true of such teams? Select one: a. Provide access to external knowledge b. Generate a wider range of options c. Encourage group cohesiveness and consensus d. Extend the knowledge base What is a major disadvantage of using patents as indicators of innovation? Select one: a. Patents are an output of the innovation process b. Patents are expensive to file c. Many patents are not commercialised d. Many innovations are not patented Which of the following are knowledge management strategies? (Select two responses) Select one or more: a. Ripple b. Technical matching c. Disintegration d. Bridge Success in innovation appears to depend on two factors - technical resources and the capability - to manage these efficiently through the innovation process. True or false? Select one: True False Licensing an innovation to another firm, rather than developing and commercialising it inhouse, has the following advantage: Select one: a. Increases managerial control of development and commercialisation b. Increases the profitability of development and commercialisation c. Reduces the cost and risk of development and commercialisation d. Reduces managerial control of development and commercialisation Gilardoni identifies several strategic reasons why firms take out patents. Which of the following is not on Gilardoni's list? Select one: a. Offensive b. Financial c. Reputation d. Distribution Cross-functional teams are an effective way to promote knowledge-sharing. Which of the following is generally not true of such teams? Select one: a. Provide access to external knowledge b. Generate a wider range of options c. Encourage group cohesiveness and consensus d. Extend the knowledge base What is a major disadvantage of using patents as indicators of innovation? Select one: a. Patents are an output of the innovation process b. Patents are expensive to file c. Many patents are not commercialised d. Many innovations are not patented Which of the following are knowledge management strategies? (Select two responses) Select one or more: a. Ripple b. Technical matching c. Disintegration d. Bridge Success in innovation appears to depend on two factors - technical resources and the capability - to manage these efficiently through the innovation process. True or false? Select one: True False