Technological innovations that build on a firm's existing knowledge and skills in certain areas are called ______________.
A)competence-enhancing innovations
B)competence-destroying innovation
C)architectural innovation
D)modular innovations

Question

Quizplus · Accepted Answer

Competence-enhancing innovations are those that draw on a firm's existing knowledge and skills in certain areas, allowing them to improve and build upon what they already know. This can lead to increased efficiency, flexibility, and competitiveness. Alternatively, competence-destroying innovations would require the firm to completely discard their existing knowledge and skills, which can be costly and difficult to manage. Architectural innovations and modular innovations refer to different types of innovation altogether.

Technological Innovations That Build on a Firm's Existing Knowledge and Skills