Question: Which statement best describes the relationship between network effects and innovation? a . More often than not, network effects limit innovation b . More often

Which statement best describes the relationship between network effects and innovation?
a.
More often than not, network effects limit innovation
b.
More often than not, network effects foster innovation
c.
Network effects decrease innovation within a standard but increase the number of innovative offerings that compete against a strongly established standard.
d.
Network effects and innovation do not affect one another.
e.
Network effects increase innovation within a standard but decrease the number of innovative offerings that compete against a strongly established standard.
Staying power refers to the:
a.
ability to take advantage of complementary products developed for a prior generation of technology.
b.
relative abilities of parties in a situation to exert influence over each other.
c.
ability of a firm to produce a good or service at a lower opportunity cost than a rival.
d.
energy demands required to run a product or service.
e.
long-term viability of a product or service.

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