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Chapter 11 > Chapter 13 > Flashcards

Chapter 13 Flashcards

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1
Q

Google promotes creativity

A

org. culture

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2
Q

Google has recently launched Google Labs

A

created to facilitate transition

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3
Q

In its early life, innovation may be valuable and rare

A

engage in strategic relationships

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4
Q

PCCC

A

Taking advantage of a need in the mkt place

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5
Q

Minerva Corp

A

outside directors with equity

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6
Q

Isidore

A

Established firm

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7
Q

When an existing firm creates new venture

A

Corporate entrep.

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8
Q

Entrep. is the process by which individuals

A

opportunities and resources

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9
Q

_______ exists when there is a need in the mkt

A

Entrep. opportunities

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10
Q

Entrep. Opportunities

A

are conditions in which new goods or services can satisfy a need in the market

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11
Q

Since it replaces existing products and methods

A

creative destruction

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12
Q

GreenBox

A

React positively to introduction

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13
Q

Innovation creates

A

commercial product

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14
Q

Primary goal of entrep

A

create wealth

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15
Q

3 types of innovative activity EXCEPT

A

implementation

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16
Q

products developed through _______

A

imitation, innovation

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17
Q

Innovation by imitation damages

A

rarity

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18
Q

Commercialization of ideas is more difficult

A

80, 50

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19
Q

_______ are individuals, acting independently

A

Entrep.

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20
Q

A person with an entrap. mind-set EXCEPT

A

is objective about his/her projects

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21
Q

Roland

A

passion

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22
Q

Firm’s current employees are well-trained

A

high absorptive capacity to learn

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23
Q

Knowledge must be transferred to others

A

the receiving party

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24
Q

the risks of international entrap. include EXCEPT

A

strong “buy-domestic” programs

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25
Research shows that internationally diversified firms tend to be
more innovative
26
Level of entrap activity in a nation is______ the nation's level of economic dependent
positively related to
27
_______ is one of the reasons for the differences in rates of entrap.
Culture
28
Research shows that, in general, entep. declines
collectivism is emphasized
29
AgroPhrarm
have international experience
30
Which is true? For firms to be entrap. they require a culture with
a balance of individualism and collectivism
31
Successfully creating innovations through interal means requires
Significant spending in R&D
32
Panera Bread has innovated
Incremental innovation
33
Panera Bread develops
pursuing innovation through internal and cooperative strategies
34
The # of patents held by an org. is a rough guide to the
level of innovation
35
QuadroVax
long wait for an uncertain payoff
36
A successful ______ innovation will be less risky
incremental, radical
37
Innovations that involve significant
involve substantial uncertainty and risk
38
Razr Cell phones best illustrates _____ innovation
radical, incremental
39
_______ involves internally developed incremental and radical innovations
Internal corp. venturing
40
Internal corp. venturing does NOT involve
strategic alliance
41
WayWard Products
internal corporate venturing
42
One of the distinguishing differences between two sources of...
is encourages through bottom-up
43
Autonomous strategic behavior is
bottom-up
44
"No business idea takes root purely on its own"
product champions
45
negative effect of acquiring other firms for purpose of innovation is
the effect it can have on own firm's ability to innovate
46
Charles (Leonhard) is a customer service rep
uses autonomous strategic behavior
47
To be successful, an autonomous process relies on
diffusion of tacit knowledge
48
Induced strategic behavior is a process that
are aligned closely with current strategy
49
Induced strategy behavior as a form of internal innovation is a
top-down
50
Netflix continues to develop VOD tech
induced strategic behavior
51
Informal (often visible) processes are best supported through
horizontal
52
Through the work of cross-functional teams….
parallel or overlapping
53
A major barrier to use cross-functional team is
independent frames of reference
54
A product-development team has been examining a proposed new product for 6 months
recommend this project to be put aside
55
When used effectively, cross-functional teams bring
faster product development processes
56
one of the barriers to effectiveness when using cross-functional teams
organizational politicis
57
Cross-functional teams are useful in developing
independent frames of reference
58
A cross-functional work team is having difficulties operating smoothly and friction has developed
formality of structure
59
The dimensions on which functional departments can vary include EXCEPT
technologial
60
Competition for resources among different operational functions leads to
organizational politics
61
The firm's culture promotes
shared values
62
PracticalSolutions
Social
63
Value Creation through internal innovation originates with
an entrep. mind-set
64
Blixin Concrete can offer
Investment capital
65
Regarding partnering in cooperative alliances,...
investment capital needs new technological knowledge
66
The main risk in a strategic alliance
one partner will use the other's knowledge...
67
Pfizer and Novartis are acquiring firms
to grow larger and gain access to info
68
Whole Foods. BEST interpretation of this
seeking innovation through internal and acquisition
69
New entrap. firms excel in
seeking opportunities
70
_________ are critical in order for a firm to gain access to complementary resources
Social capital
71
City in the Midwest.. Example of
Institutional entrep.
72
The fastest growing group of entrap are
women
73
Which can engage in entrap. activities
All above

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