W3+4

Question 1

Resource based view

Answer 1

Analyse both industries and capabilities

Question 2

Sustainable capabilities are:

(UDID)

Answer 2

Useful
Distinctive
Inimitable
Durable

Question 3

Difficult to imitate when firms are:

Answer 3

Tacit
Socially complex
Casually ambiguous

Question 4

Policy makers perspective

Answer 4

Promote innovation and better economic position for country through incentives

Question 5

Managerial perspective

Answer 5

Which innovations are better for the company

Question 6

Sources of innovation

Answer 6

Governments
Individual inventors
Internal firm sources
External firm sources

Question 7

5 Pavitts taxonomy headings

2x supplier, 2x intensive

Answer 7

Supplier dominated
Specialized suppliers
Scale intensive
Information intensive
Science based

Question 8

Competence enhancing

Answer 8

builds up on an existing technology using firm’s existing competencies

Question 9

Competence destroying

Answer 9

Makes abilities obsolete and or resources that previously composed a business model