Which of the Following Statements Is True for an Innovation

question 64

Multiple Choice

Which of the following statements is true for an innovation hub?

• A)It refers to a geographic region that contains a cluster of company R&D centers, universities, and government research institutes in close proximity.
• B)It refers to the virtual concentration of manufacturers, company R&D centers, dealers and distributors dealing with the same products.
• C)It refers to the pooling of resources for research and development by countries producing and exporting the same kind of products.
• D)It refers to the R&D centers set up by the governments that finance ideas of independent individuals and organizations alike.
• E)It refers to a conglomeration of organizations who share cutting-edge technology and latest business practices for mutual benefit.

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Definitions:

Occupational Subcultures

Distinctive cultures that emerge within certain occupational groups, characterized by unique values, norms, and behaviors shared among its members.

Multiculturalism

An organization’s inclusiveness, pluralism, and respect for diversity.

Glass Ceiling

An invisible barrier to advancement by women and members of visible minorities in organizations.

Leaking Pipeline

A metaphor often used to describe the continuous loss of women or minorities in a certain professional path, particularly in STEM fields, as they climb the career ladder.