Chapter 08: Self Test


Innovation always happens as a result of knowledge creation which then finds its way into practical applications.

   True
   False


Which of the following is NOT a type of innovation network?

  

Entrepreneurs club

  

Communities of practice

  

Railway timetabling meetings

   New product or process development consortium


Which of the following is NOT a key challenge in managing networks?

   how to manage something we don’t own or control
   how to build trust and shared risk taking without tying the process up in contractual red tape
  

how to manage the travel budget for different members of the network

   how to see system level effects not narrow self-interests


Open innovation is:

  

a novel golf competition

  

an approach to innovation management which stresses the importance of connections inside and especially outside the organization

  

an approach to managing R&D in which security classifications between areas are suspended

  

a competition to find the best ideas in an organization



Which of the following is NOT a core process to be managed in effective innovation networking?

   Decision-making – how (where, when, who) decisions get taken at the network level
   Conflict resolution – how conflicts are resolved effectively
  

Level and frequency of subscription payments

   Risk/benefit sharing – how the risks and rewards are allocated across members of the network


Rothwell's 'fifth generation' model is:

  

a retirement plan for 70 year olds

  

a national competition to find the best innovation in Europe

  

an approach to thinking about innovation which stresses its highly networked nature

  

an advanced mobile communications system



Firms join innovation networks because 'the whole is always greater than the sum of the parts'.

   True
   False


Succesful innovation usually comes from single organizations because they control all the resources needed to make it happen?

   True
   False


Innovation networks cannot be set up in the same sector because firms within the sector are competing against each other.

   True
   False


Succesful innovation networks require advanced IT systems to make them work.

   True
   False




This is the end of the test. When you have completed all the questions and reviewed your answers, press the button below to grade the test.