RSM Research and Innovation 2

Question 1

Which innovation strategy involves a firm deliberately using both internal and external paths to market when advancing technology?

Accepted Answer

Open innovation

Answer

Closed innovation

Answer

Disruptive innovation

Answer

Incremental innovation

Question 2

In design thinking, which phase involves generating a wide range of possible solutions without judgment?

Accepted Answer

Ideate

Answer

Empathize

Answer

Define

Answer

Prototype

Question 3

What does the 'absorptive capacity' of a firm refer to in innovation research?

Accepted Answer

The ability to recognize, assimilate, and apply external knowledge

Answer

The firm's manufacturing throughput capacity

Answer

The firm's budget allocated to R&D activities

Answer

The number of patents a firm holds

Question 4

Which research paradigm holds that social reality is constructed through human interaction and interpretation?

Accepted Answer

Interpretivism

Answer

Positivism

Answer

Critical realism

Answer

Pragmatism

Question 5

The 'S-curve' model in technology management describes which phenomenon?

Accepted Answer

The performance improvement of a technology over time following a sigmoid trajectory

Answer

The exponential growth of startup valuations

Answer

The decline in R&D spending as a firm matures

Answer

The adoption of social media by businesses

Question 6

What is a 'lead user' in the context of innovation research?

Accepted Answer

A user who faces needs ahead of the market and benefits from solutions

Answer

A customer who purchases the most units of a product

Answer

An executive who champions an internal innovation project

Answer

A beta tester hired by the firm

Question 7

Which type of validity concerns whether a research instrument truly measures the construct it claims to measure?

Accepted Answer

Construct validity

Answer

External validity

Answer

Internal validity

Answer

Ecological validity