Strategic Management of Technological Innovation 5th Edition

(p. 226)-The customization of products and processes to a local market makes them particularly difficult to transfer to divisions serving different markets. TRUE TRUE TRUE (p. 57)-Firms cannot influence the shape of the s-curve through their development activities. FALSE FALSE FALSE (p. 242)-A company with a short development cycle can quickly revise

(p. 34)-Which of the following statements is true of geographical clustering? A. The proximity of many competitors serving a local market leads to competition that increases their pricing power in their relationships with both buyers and suppliers. B. Close proximity of firms eliminates the likelihood of a firm's competitors gaining access

(p. 163)-Product life cycles shorten with high-speed technological changes. TRUE TRUE TRUE (p. 114)-Weekly News Inc. bought the paper mill that supplied paper for printing its magazine. This is an example of horizontal integration. FALSE FALSE FALSE (p. 3)-Externalities are costs that are borne by individuals other than those responsible for

(p. 269)-Homogeneous teams should possess more information, on average, than heterogeneous groups. FALSE FALSE FALSE (p. 137)-Standard discounted cash flow analysis has the potential to severely undervalue a development project's contribution to a firm. TRUE TRUE TRUE (p. 84)-Network externality returns refers to the value customers reap as a larger portion of

(p. 47)-The path a technology follows through time is termed as technology trajectory. TRUE TRUE TRUE (p. 51-52)-S-curves in technology performance and s-curves in technology diffusion are fundamentally different processes. TRUE TRUE TRUE (p. 295)-If a firm's objective is maximum market skimming, it will initially set a high price on new

(p. 113)-According to Porter's five-force model, the degree to which a firm relies on one or a few suppliers will influence its ability to negotiate good terms. TRUE TRUE TRUE (p. 102)-Many start-up firms demise because new innovations tend to be adopted very slowly at first. TRUE TRUE TRUE (p. 82)-When an

(p. 143-144)-Coolers Inc. has developed a new generation of air conditioners. It has upgraded the old technology by making the air conditioners work on voice sensors instead of remote control. Though the technology is new, Coolers has decided to introduce the product in the market at a low cost. This

(p. 112)-In general, the more firms competing that are of comparable size, the more competitive the industry will be. TRUE TRUE TRUE (p. 131)-The ratio of R&D expenditures to sales is known as R&D trajectory. FALSE FALSE FALSE (p. 291)-The value of a technological innovation is solely determined by what the

(p. 217)-Large and hierarchical firms disaggregate in order to: A. lengthen new product development cycles. B. prevent large-scale downsizing. C. become more responsive to technological changes. D. curb the entrepreneurial culture within them. C. C. C. (p. 304)-Which of the following statements is true of innovators and early adopters? A. They are unwilling to take risks and