Lecture 2

Question 1

What is the Abernathy-Utterback model?

Answer 1

It is concerned with the type of innovation (process vs product)

Question 2

What are the three phases of the Abernathy-Utterback model?

Answer 2

Fluid phase - transitional phase - specific phase

Question 3

What is forsters S curve

Answer 3

It focuses on the need to anticipate technology shifts to maintain competitive advantage.
1 introduction phase
2 growth phase
3 maturity phase
4 saturation/decline phase

Question 4

What is the McKinsey 7s model

Answer 4

An model for organizational effectiveness
- superordinate goals
-structure
- strategy
- skills
- style
- staff
- systems

Question 5

What is sustained competitive advantage according to Jay Barney

Answer 5

The ability of a firm to maintain its market position even after others have duplicated or imitated it’s valuable resources

Question 6

What is strategic ambidexterity?

Answer 6

Balance between exploring new opportunities and exploiting existing opportunities

Question 7

What does knott explore about the declining productivity in R&D industries?

Answer 7

Firms need to strategically pivot towards sectors with rising opportunities

Question 8

What are two potential reasons for the reduction of research quotient by Chad jones?

Answer 8

1. Impactful innovations are discovered first
2. The likelihood of overlapping research increases

Question 9

A firm might struggle to acquire a company in a new domain due to a lack of absorptive capacity, what is meant by that

Answer 9

The firm doesn’t have the knowledge or skills to effectively intergrate and leverage the new acquisition, long-term r&d projects to built knowledge base can help

Question 10

What is organizational Inertia

Answer 10

The organizations structure and culture are too stable leading to rigidity and resistance to chance