To Determine the Strength of an Innovator's Appropriation, Four Elements

question 78

Multiple Choice

To determine the strength of an innovator's appropriation, four elements should be considered:

• A)Property rights, tacitness and complexity of technology, corporate culture, and HR management
• B)Property rights, lead-time complementary resources, and tacitness and complexity of technology,
• C)Property rights, tacitness and complexity of technology, lead-time, and luck
• D)Property rights, lead.time, complementary resources, and relative bargaining power

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Definitions:

Semi-Strong Form Efficiency

This refers to a theory suggesting that all public information is already accounted for in stock prices, and that it's impossible to achieve higher returns using this information alone.

Market Efficiency

a condition in which asset prices fully reflect all available information.

Well-Organized Markets

Refers to financial markets that are structured efficiently, facilitating the seamless exchange of securities.

Dollar Return

The total gain or loss on an investment expressed in monetary terms, considering both capital gains and dividends or interest.