Which of the following is/are part(s)of the knowledge conditions in an industry?

Question

Quizplus · Accepted Answer

All three factors (R&D intensity, locus of innovation, and nature of the innovation process) are part of the knowledge conditions in an industry. R&D intensity refers to the amount of resources (financial, human, and physical) devoted to research and development activities. The locus of innovation refers to the geographic or organizational location where innovation occurs. The nature of the innovation process refers to the type of innovation being pursued (e.g. incremental vs. radical) and the specific strategies and practices used to develop and commercialize new products and services.

Which of the Following Is/are Part(s)of the Knowledge Conditions in an Industry