David Teece and Gary Pisano Integrate the Various Dimensions of Innovation

question 5

Multiple Choice

David Teece and Gary Pisano integrate the various dimensions of innovation strategy into what they call the 'dynamic capabilities' approach.This emphasizes the need to:

• A)Manage strategically to adapt and re-configure capabilities.
• B)Make significant investments in emerging technological trajectories.
• C)Adopt a strategic position as market leader.
• D)Strategically anticipate future technologies and markets.

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Definitions:

Organizational Change

The process by which organizations transform their structures, strategies, policies, processes, or culture to adapt to internal and external pressures.

Sociotechnical System

An approach to complex organizational work design that recognizes the interaction between people and technology in workplaces.

Task-Technology

The relationship between the tools and systems used in work processes and the tasks they are designed to support or enhance.

Organizational Effectiveness

The measure of how successfully an organization achieves its goals and objectives through the efficient use of resources.