The _____ strategy recognizes that the cutting edge of innovation often happens with young, small, entrepreneurial companies rather than inside the walls of established firms.
A)Innovation-by-acquisition
B)fast-cycle team
C)brainstorming team
D)skunkworks
E)new-venture team

Question

Quizplus · Accepted Answer

Innovation-by-acquisition strategy involves established firms acquiring young, small, entrepreneurial companies to access their innovative capabilities and cutting-edge developments.

The _____ Strategy Recognizes That the Cutting Edge of Innovation