RSM Research and Innovation 4

Question 1

In Christensen's theory, a 'sustaining innovation' differs from a 'disruptive innovation' in that it:

Accepted Answer

Improves products along dimensions valued by existing mainstream customers

Answer

Sustaining innovations improve existing products for existing customers, whereas disruptive innovations initially serve overlooked segments before moving upmarket.

Question 2

Which research design is best suited for establishing causal relationships between variables?

Accepted Answer

Randomized controlled experiment

Answer

Randomized controlled experiments, through random assignment, allow researchers to isolate the effect of an independent variable on an outcome.

Question 3

In the context of knowledge management, 'tacit knowledge' is best characterized as:

Accepted Answer

Highly personal knowledge that is difficult to formalize and transfer

Answer

Tacit knowledge, as described by Polanyi, is intuitive and experiential, making it hard to codify or communicate explicitly.

Question 4

Which approach to entrepreneurial opportunity recognition emphasizes prior knowledge and information asymmetries?

Accepted Answer

Discovery theory

Answer

Discovery theory, associated with Shane and Venkataraman, holds that opportunities exist objectively and are recognized by individuals with relevant prior knowledge.

Question 5

What is the key characteristic of 'ambidextrous organizations' in innovation management?

Accepted Answer

They simultaneously pursue exploration of new opportunities and exploitation of existing capabilities

Answer

Ambidextrous organizations balance exploitation (improving existing products) with exploration (developing new capabilities), a tension central to long-term survival.

(RSM) Rotterdam School of Management Practice Test

(RSM) Rotterdam School of Management Practice Test

RSM Research and Innovation 4