The more an innovative product embodies multiple technologies owned by different companies:
A)The less useful are patents to the innovating firm
B)The more important it is for the innovating firm to develop capabilities that span a wide range of technologies
C)The more important it is for the innovating firm to possess a strong patent portfolio that enhances its bargaining power with other technology-owning firms
D)The more difficult it is for the innovating form to launch its innovation

Question

Quizplus · Accepted Answer

When an innovative product involves multiple technologies owned by different companies, having a strong patent portfolio is crucial for the innovating firm. It enhances the firm's bargaining power in negotiations with other technology-owning firms, allowing it to secure necessary licenses and protect its interests.

The More an Innovative Product Embodies Multiple Technologies Owned by Different