Which of the following statements is true of a collective research organization?
A) It does not help firms to leverage their competencies.
B) It is a short-term commitment.
C) It is an effort to rapidly access capabilities or technology.
D) It allows a firm to share the cost and risk of basic research.

Question

Quizplus · Accepted Answer

A collective research organization allows firms to pool their resources and share the cost and risk of basic research. This allows them to access capabilities or technology that they may not have been able to access on their own. It is a long-term commitment as firms continue to collaborate to develop new products and technologies. It also helps firms to leverage their competencies by leveraging the resources and knowledge of other firms in the organization.

Which of the Following Statements Is True of a Collective