Question: Scenario: A client is debating whether to acquire technology as opposed to developing the technology themselves in house. They may be seeking guidance on what
Scenario: A client is debating whether to acquire technology as opposed to developing the technology themselves in house. They may be seeking guidance on what to expect if they start acquiring technology. You are going to do some background research on technology strategy so you will be ready to make informed recommendations. You will assess an industry using open innovation, choose a company, and compare performances between open and closed innovation systems. The analysis and report you generate will help you gain an increased awareness of technology strategy. Analyze Tesla Based on Tesla, indicate whether the company is doing open innovation. Research the following: * Does the company license in or out technology development? * Has the company acquired any companies to obtain their technology? * Does the company participate in an ecosystem? * If a company opts for open innovation, which external approach(s) to technology development and acquisition are they using
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