Which Way of Exploiting an Innovation Leaves the Largest Degree

question 46

Multiple Choice

Which way of exploiting an innovation leaves the largest degree of control for the innovator?

• A)Licensing
• B)Joint venture
• C)Internal commercialization
• D)Strategic alliances

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Definitions:

Job Design

The process of organizing work into tasks and responsibilities to improve efficiency and employee satisfaction.

Organizational Goals

Objectives set by a business or organization aiming to guide its operations and determine its direction for future development.

Capabilities

The ability or qualities necessary to do something effectively; often refers to the capacities of organizations or individuals to achieve their objectives.

Job Enrichment

An effort to motivate employees by enhancing the responsibility, scope, and interest of their jobs.