2/17/25, 4:55 PM Entrepreneurship and innovation management 2025 update|comprehensive questions and verified answers (complete solution…
Entrepreneurship and innovation management
2025 update|comprehensive questions and
verified answers (complete solutions) A+
GRADE!!
Save
Practice questions for this set
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Studied 7 terms
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Terms in this set (55)
The ability of a firm to recognize the value of new
Absorptive capacity external information and exploit it for commercial
use
Benefits from research spill to other companies.
Technological spillovers
Protection like patents, mobility of the labor
Tacit knowledge Hard to share, inside of empoyees' heads
Explicit knowledge formal, written procedures
Classification of 1) Nature, 2) Intensity, 3) Effect on competences, 4)
innovation Destination
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, 2/17/25, 4:55 PM Entrepreneurship and innovation management 2025 update|comprehensive questions and verified answers (complete solution…
Classification of Product/service innovation or process innovation
innovation; 1) Nature
Incremental: makes minor changes to existing
Classification of
practises
innovation; 2) Intensity
Radical: new and different from prior solutions
Classification of Competence enhansing: builds up on existing
innovation; 3) Effect on technology
competences Competence destroying: replaces technology
Modular: improvements in individual components
Classification of
Architectural: uses existing technology to create
innovation; 4) Destination
something new
Limitations of s-curve True limits of tech are unknown. Shape of the s-
models curve is influenced by several factors.
A product design that is adopted by the majority of
Dominant design producers, typically creating a stable architecture
on which the industry can focus its efforts.
the value of a product to a consumer increases with
Network externalities the number of that product being sold or used in
the market
Installed base the number of users of a particular good
Additional goods and services that enable or
Complementary goods
enhance the value of another good.
A firm's prior success in the market can hinder its
Icarus Paradox
ability to respond to new technological generations
How to make large firms Disaggregation (subunits), different culture and
small? controls in different units
The degree of decision-making at top level (small
Structural dimensions of
team at the same place) vs. distributed over
firms: centralization
different places of the organization
Low differentiation of tasks, low integration,
Mechanistic organization
centralized decision-making, high formalization and
structure
standardisation
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Entrepreneurship and innovation management
2025 update|comprehensive questions and
verified answers (complete solutions) A+
GRADE!!
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (55)
The ability of a firm to recognize the value of new
Absorptive capacity external information and exploit it for commercial
use
Benefits from research spill to other companies.
Technological spillovers
Protection like patents, mobility of the labor
Tacit knowledge Hard to share, inside of empoyees' heads
Explicit knowledge formal, written procedures
Classification of 1) Nature, 2) Intensity, 3) Effect on competences, 4)
innovation Destination
https://quizlet.com/1006895527/entrepreneurship-and-innovation-management-2025-updatecomprehensive-questions-and-verified-answers-comp… 1/6
, 2/17/25, 4:55 PM Entrepreneurship and innovation management 2025 update|comprehensive questions and verified answers (complete solution…
Classification of Product/service innovation or process innovation
innovation; 1) Nature
Incremental: makes minor changes to existing
Classification of
practises
innovation; 2) Intensity
Radical: new and different from prior solutions
Classification of Competence enhansing: builds up on existing
innovation; 3) Effect on technology
competences Competence destroying: replaces technology
Modular: improvements in individual components
Classification of
Architectural: uses existing technology to create
innovation; 4) Destination
something new
Limitations of s-curve True limits of tech are unknown. Shape of the s-
models curve is influenced by several factors.
A product design that is adopted by the majority of
Dominant design producers, typically creating a stable architecture
on which the industry can focus its efforts.
the value of a product to a consumer increases with
Network externalities the number of that product being sold or used in
the market
Installed base the number of users of a particular good
Additional goods and services that enable or
Complementary goods
enhance the value of another good.
A firm's prior success in the market can hinder its
Icarus Paradox
ability to respond to new technological generations
How to make large firms Disaggregation (subunits), different culture and
small? controls in different units
The degree of decision-making at top level (small
Structural dimensions of
team at the same place) vs. distributed over
firms: centralization
different places of the organization
Low differentiation of tasks, low integration,
Mechanistic organization
centralized decision-making, high formalization and
structure
standardisation
https://quizlet.com/1006895527/entrepreneurship-and-innovation-management-2025-updatecomprehensive-questions-and-verified-answers-comp… 2/6
