Chapter 13 Flashcards

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
Q

Research shows that internationally diversified firms tend to be

A

more innovative

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26
Q

Level of entrap activity in a nation is______ the nation’s level of economic dependent

A

positively related to

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27
Q

_______ is one of the reasons for the differences in rates of entrap.

A

Culture

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28
Q

Research shows that, in general, entep. declines

A

collectivism is emphasized

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29
Q

AgroPhrarm

A

have international experience

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30
Q

Which is true? For firms to be entrap. they require a culture with

A

a balance of individualism and collectivism

31
Q

Successfully creating innovations through interal means requires

A

Significant spending in R&D

32
Q

Panera Bread has innovated

A

Incremental innovation

33
Q

Panera Bread develops

A

pursuing innovation through internal and cooperative strategies

34
Q

The # of patents held by an org. is a rough guide to the

A

level of innovation

35
Q

QuadroVax

A

long wait for an uncertain payoff

36
Q

A successful ______ innovation will be less risky

A

incremental, radical

37
Q

Innovations that involve significant

A

involve substantial uncertainty and risk

38
Q

Razr Cell phones best illustrates _____ innovation

A

radical, incremental

39
Q

_______ involves internally developed incremental and radical innovations

A

Internal corp. venturing

40
Q

Internal corp. venturing does NOT involve

A

strategic alliance

41
Q

WayWard Products

A

internal corporate venturing

42
Q

One of the distinguishing differences between two sources of…

A

is encourages through bottom-up

43
Q

Autonomous strategic behavior is

A

bottom-up

44
Q

“No business idea takes root purely on its own”

A

product champions

45
Q

negative effect of acquiring other firms for purpose of innovation is

A

the effect it can have on own firm’s ability to innovate

46
Q

Charles (Leonhard) is a customer service rep

A

uses autonomous strategic behavior

47
Q

To be successful, an autonomous process relies on

A

diffusion of tacit knowledge

48
Q

Induced strategic behavior is a process that

A

are aligned closely with current strategy

49
Q

Induced strategy behavior as a form of internal innovation is a

A

top-down

50
Q

Netflix continues to develop VOD tech

A

induced strategic behavior

51
Q

Informal (often visible) processes are best supported through

A

horizontal

52
Q

Through the work of cross-functional teams….

A

parallel or overlapping

53
Q

A major barrier to use cross-functional team is

A

independent frames of reference

54
Q

A product-development team has been examining a proposed new product for 6 months

A

recommend this project to be put aside

55
Q

When used effectively, cross-functional teams bring

A

faster product development processes

56
Q

one of the barriers to effectiveness when using cross-functional teams

A

organizational politicis

57
Q

Cross-functional teams are useful in developing

A

independent frames of reference

58
Q

A cross-functional work team is having difficulties operating smoothly and friction has developed

A

formality of structure

59
Q

The dimensions on which functional departments can vary include EXCEPT

A

technologial

60
Q

Competition for resources among different operational functions leads to

A

organizational politics

61
Q

The firm’s culture promotes

A

shared values

62
Q

PracticalSolutions

A

Social

63
Q

Value Creation through internal innovation originates with

A

an entrep. mind-set

64
Q

Blixin Concrete can offer

A

Investment capital

65
Q

Regarding partnering in cooperative alliances,…

A

investment capital needs new technological knowledge

66
Q

The main risk in a strategic alliance

A

one partner will use the other’s knowledge…

67
Q

Pfizer and Novartis are acquiring firms

A

to grow larger and gain access to info

68
Q

Whole Foods. BEST interpretation of this

A

seeking innovation through internal and acquisition

69
Q

New entrap. firms excel in

A

seeking opportunities

70
Q

_________ are critical in order for a firm to gain access to complementary resources

A

Social capital

71
Q

City in the Midwest.. Example of

A

Institutional entrep.

72
Q

The fastest growing group of entrap are

A

women

73
Q

Which can engage in entrap. activities

A

All above