Researchers (And the Book) Discuss Knowledge and Its Relationship to Innovation

question 5

Multiple Choice

Researchers (and the book) discuss knowledge and its relationship to innovation, applying a mythical knowledge filter as a possible explanation of the problem behind the innovation efficiency in various countries. This alludes to the fact:

• A) that a filter filters out knowledge which is inappropriate to diffuse
• B) that certain knowledge does not pass the market test
• C) that knowledge in itself is a filter, impeding one from understanding what is new
• D) that knowledge is kept from diffusing, getting stuck in the filter
• E) that the market does not know how to appreciate knowledge
• F)of the gap between knowledge's potential and its realized value
• G) that various institutional set-ups impede knowledge from becoming valuable

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Definitions:

Computer Competency

The ability to effectively use computer software and hardware to perform various tasks.

Computers

Electronic devices that process, store, and retrieve data, allowing users to perform a wide range of tasks efficiently.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization to enhance its performance and competitiveness.

Performance Deficiency

A shortfall where an individual's or organization's performance fails to meet established standards or expectations.