Quiz
TIM - Quiz 5
This quiz has question types that open in the usual player.
Questions in this quiz (25)
1Innovators benefit from Innovation...
- Awhen their
valuation of the
new products
exceeds its price - Bby
selling the
innovative
product. - Cby marketing
the imitation while
saving on R&D cost. - Dby selling
larger quantities
- Awhen their
2Customers benefit from Innovation...
- Awhen their
valuation of the
new products
exceeds its price - Bby
selling the
innovative
product. - Cby marketing
the imitation while
saving on R&D cost. - Dby selling
larger quantities
- Awhen their
3Suppliers and Complementors benefit from Innovation...
- Awhen their
valuation of the
new products
exceeds its price - Bby
selling the
innovative
product. - Cby marketing
the imitation while
saving on R&D cost. - Dby selling
larger quantities
- Awhen their
4Imitators benefit from Innovation...
- Awhen their
valuation of the
new products
exceeds its price - Bby
selling the
innovative
product. - Cby marketing
the imitation while
saving on R&D cost. - Dby selling
larger quantities
- Awhen their
5Beschrifte das Bild.
- AMonopolists profits
- BCustomers benefit / Consumer Surplus
- CInnovators Surplus
- Ddemand curve p(q)
- EDeadweight loss
- Fmarginal cost c
- Gmarginal revenue
6What are the factors for profitable Innovation?
- AFinancial Assets
- BComplementary Assets
- CLife cycle Phase
- DAppropriability regime
7What is not a factor for appropriability conditions?
- Aavailability and strength of legal protection
- Bviability of secrecy
- Ccharacteristics of underlying technology
- Dinavailability and weaknesses of legal protection
8The “appropriability conditions” denote some factors that influence the possibility
of profitable imitation of an innovation.- ATrue
- BFalse
9What is an example for strong appropriablity regime due to patent protection?
- Apetrochemicals
- Bspecialty chemicals
- Csoftware
- DCoca-Cola recipe
10What is an example for strong appropriablity regime due to secrecy?
- Abeverages
- Bpharmaceuticals
- Csimplex algorithm
- Dapparel
11What is an example for weak appropriablity regime?
- Abeverages
- Bpharmaceuticals
- Csimplex algorithm
- DAspirin, Prozac
12What are the characteristics of the Pre-paradigmatic design phase?
- ADominant design has not
been established yet - BInnovators‘ success depends
on their ability to make their
technology the dominant
design - CDominant design has been
established - DInnovators‘ success
depends on the control of
complementary assets
- ADominant design has not
13What are the characteristics of the Paradigmatic design phase?
- ADominant design has not
been established yet - BInnovators‘ success depends
on their ability to make their
technology the dominant
design - CDominant design has been
established - DInnovators‘ success
depends on the control of
complementary assets
- ADominant design has not
14The dominant design emerges when the number of product innovations per period of time peaks
- ATrue
- BFalse
15What is not a type of complementary assets?
- Aspecialized
- Bco-specialized
- Cgeneric
- Dcentric
16What is true for technichal dependence on a complementary asset?
- Awithout the Complementary Asset as a production factor it is not possible to profit from the innovation.
- BComplementary Asset is not in competitive supply
17What is true for economic dependence on a complementary asset?
- Awithout the Complementary Asset as a production factor it is not possible to profit from the innovation.
- BComplementary Asset is not in competitive supply
18What is an advantage of Contracting?
- ALower capital needs and Reputational gain for “smaller” partner
- BMakes imitation more
difficult - CDifficult for specialized
complementary assets, Dependence on contract
partner and Imitation becomes easier - DTime-consuming, Capital-intensive and Difficult to reverse
19What is a drawback of Contracting?
- ALower capital needs and Reputational gain for “smaller” partner
- BMakes imitation more
difficult - CDifficult for specialized
complementary assets, Dependence on contract
partner and Imitation becomes easier - DTime-consuming, Capital-intensive and Difficult to reverse
20What is an advantage of Integration?
- ALower capital needs and Reputational gain for “smaller” partner
- BMakes imitation more
difficult - CDifficult for specialized
complementary assets, Dependence on contract
partner and Imitation becomes easier - DTime-consuming, Capital-intensive and Difficult to reverse
21What is a drawback of Integration?
- ALower capital needs and Reputational gain for “smaller” partner
- BMakes imitation more
difficult - CDifficult for specialized
complementary assets, Dependence on contract
partner and Imitation becomes easier - DTime-consuming, Capital-intensive and Difficult to reverse
22Hold-up: If one partner to a contract makes specific investments,
a “hold-up problem“ can arise- ATrue
- BFalse
23Implication: Anticipating the hold-up, the supplier will not be willing to make large
investments- ATrue
- BFalse
24Implications of Teece`s Model. One field with two statements.
- ADifficult to make money
- BInventors makes money
- CHolder of Compl. Assets make money
- DParty with both tech / assets make money
- EParty with bargaining power makes money
25Paradox of disclosure – willingness to pay does not depend on the co-operate partners knowledge of the
idea, yet the knowledge of the idea implies that potential buyers need not pay
for it- ATrue
- BFalse
Information
- Description
- Quiz on TIM - Quiz 5, created by Luis Vering on 08/07/2021.
- Author
- Luis Vering
- Language
- Deutsch
- Views
- 0
- Tags
- Rating
- No ratings yet Rate this quiz