The Innovation Dilemma Known as "Building Capabilities Versus Collaborating" Refers

question 21

Multiple Choice

The innovation dilemma known as "building capabilities versus collaborating" refers to

• A) developing innovation skills internally versus partnering with qualified outsiders.
• B) building innovative products in-house versus outsourcing.
• C) building credibility by launching products ahead of potential collaboration partners.
• D) incrementally launching a product.

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Definitions:

Input

The resources, materials, or energy used in the production process to generate output.

Factors Of Production

The inputs used in the creation of goods or services in order to make an economic profit, including land, labor, capital, and entrepreneurship.

Input

Resources used in the production of goods and services.

Output

The total amount of goods or services produced by an individual or entity in a given period.