Which of the following is true of interfirm collaborative research and development networks?
A) Collaborative research networks are not important or viable in high-technology sectors.
B) Interfirm networks can enable firms to achieve much more than they could achieve individually.
C) The flow of information and other resources through a network is independent of the network's size.
D) Information diffusion is fairly slow and limited in collaborative research networks with dense structures and many paths for information to travel.

Question

Quizplus · Accepted Answer

Interfirm collaborative research and development networks can enable firms to achieve much more than they could achieve individually. Such networks allow sharing of knowledge, resources, and expertise, leading to faster innovation and more efficient use of resources. Thus, interfirm networks are important for firms to stay competitive in high-technology sectors. The size and structure of the network can also affect the flow of information and resources, with more dense structures and many paths for information leading to faster diffusion.

Which of the Following Is True of Interfirm Collaborative Research