Large companies,such as AT&T,IBM,and GE,have been shifting their knowledge landscape from closed innovation to open innovation because of the
A) decreasing capability of external suppliers and vendors.
B) lack of reliability on venture capital.
C) increasing need to internally control research and development.
D) increasing supply and mobility of skilled workers.

Question

Quizplus · Accepted Answer

The increasing supply and mobility of skilled workers has led to a shift in the knowledge landscape from closed innovation to open innovation. Even the largest companies, such as AT&T, IBM, and GE, are shifting their innovation strategy toward a model that blends internal with external knowledge-sourcing via licensing agreements, strategic alliances, joint ventures, and acquisitions.

Large Companies,such as AT&T,IBM,and GE,have Been Shifting Their Knowledge Landscape