The key sustainable competitive advantages for a firm using an internal innovation strategy include:
A) improved process control, broader portfolio possibilities, and higher value-added products
B) improved process control, higher value-added products, and better proprietary positioning
C) reduced time to market, broader portfolio possibilities, faster decisions
D) faster decisions, higher value-added products, larger structures
E) better product understanding, faster decisions about market entry, larger firms

Question

Quizplus · Accepted Answer

An internal innovation strategy focuses on leveraging proprietary knowledge and capabilities to create unique products or processes, leading to improved process control, higher value-added products, and better proprietary positioning.

The Key Sustainable Competitive Advantages for a Firm Using an Internal