Comparing the development of the jet engine to satellite-based global positioning (GPS) and instant messaging illustrates that:
A) Invention always precedes innovation
B) Financial resources are critical to introduce successful innovations
C) The innovation cycle has speeded up over time
D) Digital technology has fundamentally changed the nature of innovation
Correct Answer:
Verified
Q18: Network externalities exist when the value of
Q19: The best strategy for exploiting an innovation
Q20: It is difficult to be successful as
Q21: If technological breakthroughs increase the feasibility of
Q22: During recent years,the cycle of innovation (from
Q24: An innovator may fail to earn any
Q25: Lead-time refers to:
A)The period of time during
Q26: An organization's capacity for innovation depends primarily
Q27: The main factor that determines the relative
Q28: An innovator's ability to derive profit from
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