Quiz 3 Flashcards

1
Q

Firms are including actors involved in standardization process into their ecosystem in order to:

A

Define the quality criteria of their product

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2
Q

To lower the dependency on hardly available complementary assets, the technology developer can:

A

Develop partnerships with key asset owners

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3
Q

Managers should be involved in capturing value from technology either to increase appropriability or to:

A

Lower dependency to complementary assets

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4
Q

The technology-business ecosystem of Procter & Gamble contains:

A

More than 12 categories of players

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5
Q

A technology-driven business environment can be designed starting with:

A

2 categories of ecosystems

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6
Q

D.TEECE has developed a model to explain why techno-leaders:

A

Fail to capture economic value from tech

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7
Q

The complementary assets issue invites technology developers to connect with:

A

Emerging business ecosystems

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8
Q

To reinforce its competitive positioning the technology leader should reduce both:

A

Imitability and cost of complementary assets

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9
Q

To lower the cost of complementary assets, the technology developer can:

A

Maximize the technology ROI on niche markets

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10
Q

The more easily and rapidly imitable a technology is the more

A

Complementary assets are determinants

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11
Q

Making complementary assets more freely available in Teece’s matrix can be achieved by actions like:

A

The innovator acquires the owner of assets

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12
Q

General Electric is building and nurturing an ecosystem of start-ups in order to:

A

Prepare its entry on the “off the grid” market

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13
Q

To reinforce its competitive positioning, the technology leader can reduce imitability by:

A

Maintaining a technological lead-time

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14
Q

If imitability is low and complementary assets tightly available then technology leader

A

Find it difficult to make profit

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15
Q

The Silicon Valley ecosystem is a reference model in terms of:

A

Technology and innovation ecosystem

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16
Q

Teece’s matrix is a tool that allows to understand

A

The tech leader competitive position

17
Q

Technology and innovation ecosystems includes the following categories of actors:

A

Research excellence, leading firms, investors

18
Q

NEST has been commercialized with quite a success which provides:

A

Google with data about thousands families

19
Q

Teece has highlighted two determinants of value capture from technology

A

Appropriability and complementary assets

20
Q

The appropriability regime issue invites technology to connect with:

A

Innovation ecosystem

21
Q

From a leading innovative firm, technology-driven emerging business ecosystems are based mainly upon:

A

4 categories of actors

22
Q

In the Teece’s framework, leading firms are building close relationship with start-ups in order to gain:

A

An early understanding of an emerging market

23
Q

Managers should play key roles in capturing value from technology that can be split into:

A

Two streams of actions

24
Q

The connected thermostat for end consumers is a business where:

A

The owner of complementary assets has won

25
Q

Complementary assets needed to spread technology include:

A

Manufacturing and sales capabilities

26
Q

To reduce risks related to the appropriability regime of innovation, the innovator can:

A

Control key resources like rare knowledge

27
Q

A no winner situation in Teece’s

A

The innovation will not be a source of profits