Question 1
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1. The innovation funnel:
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a. Sketches the role of management in the innovation process
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b. Ends up before the launch stage
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c. Is a rough sketch of the development process
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d. Is mainly based on the pharmaceutical industry
Question 2
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a. Mainly concerns equipment of a firm, such as machines or instruments
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b. Is in its purest essence knowledge
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c. Concerns the processes of a firm
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d. Is the residual of the change in gross domestic product over the years
Question 3
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3. What trait(s) do most successful inventors not possess?
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a. More interested in problems than solutions
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b. Seeking local solutions instead of global ones
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c. Not specialized solely in one field
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d. Questioning assumptions made in previous work in the field
Question 4
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4. An example of agglomeration economics is:
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a. Concentration of pollution
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b. An increased likelihood of the firm’s competitors to gain access to the firm’s knowledge
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c. Traffic congestion
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d. Attract new labor to the area
Question 5
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5. The two dimensions of a technology S-curve are:
Question 6
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6. The most suitable group of opinion leaders with respect to an innovation is:
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a. Innovators
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b. Early adopters
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c. Early majority
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d. Late majority
Question 7
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7. Network externalities refer to an increased value due to:
Question 8
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8. The users’ comparison of a new and an existing technology is based on:
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a. Objective information about actual technological benefits
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b. Objective information, subjective information and expectations for the future
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c. Perceived technological benefits and the perceived installed base
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d. Expectation with respect to technological benefits, installed base , and the availability of complementary goods
Question 9
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9. According to Porter’s value chain, placing a purchasing order is part of:
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a. Inbound logistics
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b. Procurement
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c. Outbound logistics
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d. Operations
Question 10
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10. Core competences are in general:
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a. Distinct from elemental abilities
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b. Business-unit related
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c. Linked to one end product
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d. Equal to core technologies
Question 11
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11. A firm’s alliance strategy can be categorized among two dimensions:
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a. The extent of capability complementation and the extent of capability transfer
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b. The extent of capability complementation and the extent new capabilities are jointly developed
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c. Capability complementation versus transfer and an individual versus a network of alliances
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d. The extent to which skills and resources can be combined and the extent of knowledge transfer
Question 12
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12. Licensing is a type of:
Question 13
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13. Standardization within the firm primarily refers to:
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a. A uniform way to perform activities
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b. The behavior of the firm members
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c. Managerial oversight over the firm
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d. Decision-making authority in the firm
Question 14
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14. Organic structures are characterized by:
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a. A network of organizations
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b. Modular organizations
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c. A high level of organization
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d. A low level of standardization and formalization
Question 15
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15. What statement about project/ product champions is not correct?
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a. Champions are more likely to be involved with radical innovation projects
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b. Champions are more likely to be from R&D or marketing
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c. Champions may arise from any level in the organization
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d. As of 2001 the majority of North American firms use senior managers to champion new product development projects
Question 16
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16. What statement is correct about the stage-gate process?
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a. Gates are activity-based, stages decision-based
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b. Idea generation usually is part of the actual stage-gate process for development
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c. Building a business case is usually part of the stage-gate process
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d. The stage-gate process consists of five steps
Question 17
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17. What statement is correct about functional development teams?
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a. These teams have a junior or middle manager as a project manager
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b. There is high potential for conflict between team and functions
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c. Team members may have little commitment to the development project
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d. These teams have dedicated liaison personnel facilitating communication and coordination among functions
Question 18
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18. A contract book defines:
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a. The project’s mission
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b. Measurable goals for the project
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c. The basic plan to realize the project goals
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d. Who is on the development team
Question 19
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19. To examine the impact of informal coordination on the unit’s level of ambidexterity, Jansen et al (2006) focus on:
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a. Social relationships between units in the firm
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b. Social relationships within the unit of the firm
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c. Power relations between units of the firm
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d. Power relations within the units of the firm
Question 20
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20. In the Cardinal (2001) study formalization is part of:
Question 21
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21. In the Song et al (2007) study:
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a. The use of CMC technologies is more important than the level of co-location for the sharing of technological knowledge
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b. The level of co-location is more important than the use of CMC technologies for the sharing of technological knowledge
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c. Both measures mentioned are equally important for the sharing of technological knowledge
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d. Both measures mentioned have no influence on the sharing of technological knowledge
Question 22
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22. What statement about the Gassmann and von Zedtwitz (2003) study is correct:
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a. The more incremental the innovation the more successful a centralized venture team
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b. The more systemic the nature of the project the more successful a decentralized venture team
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c. The more tacit the knowledge the more successful a centralized venture team
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d. The more overlap of competences the more successful a centralized venture team
Question 23
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23. Increasing the number of stages in the stage gate (Cooper, 2008) is an example of:
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a. Information flexibility
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b. Time rigidity
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c. Organizational rigidity
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d. Organizational flexibility
Question 24
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24. If products are novel then (Sethi & Iqbal 2008):
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a. Learning failure is negatively related to market performance
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b. Learning failure is positively related to market performance
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c. Project inflexibility is negatively related to learning failure
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d. None of these answers is correct
Question 25
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Ambidexterity in Innovation Management means:
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The management of both exploration and exploitation
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The management of both radical and incremental innovation
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The management of the initiation and implementation stage in an innovation project
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The management of both certainty and uncertainty in the firm
Question 26
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The existence of virtual global development teams leads to
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Knowledge sharing problems within the subteams
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Knowledge sharing problems among the subteams
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An increased spontaneity of encounters
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None of these answers is correct
Question 27
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Having many iterations in the development process using customer feedback to improve, is an example of: