Firms innovate because
A) the human race is naturally inventive.
B) competitive advantages tend to erode over time - so new ones need to be found.
C) consumers are always looking for the next new gadget.
D) it gets boring doing the same old things.
Correct Answer:
Verified
Q23: The extent to which an innovation can
Q24: Industry standard solutions always appear.
Q25: It is wise to manage the creative
Q26: Network externalities lead to positive feedback, so
Q27: Why is innovation no guarantee of success
Q29: The connection between invention and innovation is
A)they
Q30: Firms innovate because they are seeking
A)Market share.
B)leadership
Q31: Network externalities are what cause technical standards
Q32: An innovation diffuses
A)mainly on the supply side.
B)by
Q33: The chief examples of property rights concerning
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