Technological Entrepreneurship and Innovation
科技创业与创新代写 when entrepreneurs take over a business, they should strive to dismantle the way the business used to be run and implement
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Which of the following statements expresses a general truth about innovation?
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- If I come up with new ways of doing things, I am sure to beat my competitors
- If it ain’t broke, don’t fix it (no need to innovate)
- If you have a great invention, don’t expect the world to beat a path to your door
- The best innovative solutions are those that outperform competitor products
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Intrapreneurship focuses on:
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- making bureaucratic organizations function more entrepreneurially
- identifying individuals who will promote entrepreneurship on teams
- identifying profit targets that new ventures should strive to achieve
- helping individuals tap into their innate entrepreneurial powers
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Debt financing dilutes the equity share of entrepreneur-owners.
Select one:
- true
- false
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Creative thinking techniques try to strengthen convergent thinking.
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- true
- false
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Later stage financing of a burgeoning venture is often used for:
Select one:
- designing new products
- establishing production capabilities
- developing a detailed business plan
- acquiring other companies in order to accelerate growth
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Good science requires that members of the scientific community continually question the outcomes of scientific research efforts – no effort is so worthy that it cannot be challenged. Which of Robert Merton’s norms of science captures this principle? 科技创业与创新代写
Select one:
- Communalism
- Universalism
- Disinterestedness
- Organized skepticism
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You can publish a book titled The Godfather without violating copyright law.
Select one:
- true
- false
Question 8 科技创业与创新代写
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Creative destruction – where major companies are overwhelmed by innovation – is a natural consequence of capitalism.
Select one:
- true
- false
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What inventions did Edison’s originally-patented light bulb incorporate?
Select one:
- Improved vacuum process and carbonized filament
- Response a above, plus platinum lead-in wires
- Response b above, plus method for securing filament in place
- Response c above, plus method to integrate components in a glass bulb
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The primary goal of quality control charts is:
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- to show graphically the rate at which production quality improves
- to anticipate changes in the cost of production
- to determine whether goods produced lie within the range of tolerable variation
- to document the number of products produced that conform to specifications
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Which of the following situations characterizes a high level of transilience?
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- Working with an innovation that has major impact on how the organization approaches production in an environment of stable markets
- Working with an innovation that has major impact on how the organization approaches production and addresses changing markets
- Moving quickly from R&D efforts to production efforts
- Moving quickly from R&D and production into the market introduction of a new product
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Let’s say a four-legged chair is patented by Susan. John can add a fifth leg to the chair and get a patent on it.
Select one:
- true
- false
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The Linux operating system has had an enormous impact on software development and maintenance. From the perspective of technological entrepreneurship and innovation, an especially interesting feature of the development of Linux is:
Select one:
- it is rapidly replacing Microsoft as the principal provider of operating systems for personal computers
- its development was funded by venture capital companies that normally support pharmaceutical ventures
- it was developed almost entirely by employing newly emerging agile and iterative software development techniques
- it is an open sourced product
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Well-established successful companies are generally more interested in supporting sustaining technologies than disruptive technologies.
Select one:
- true
- false
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A review of the history of business confirms that if you build a better mousetrap, the world will beat a path to your door.
Select one:
- true
- false
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When looking at the histories of successful real world ventures, we come across cases where a successful venture was spun off from a larger technical effort. Examples include:
Select one:
- CraigsList
- Firefox and Alexa Internet
- PayPal and Flickr
- Apple Computer
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Innovation________.
Select one:
- is another word for invention
- applies solely to engineering advances
- requires patenting of products that are produced
- requires inventions to be employed practically
Question 18 科技创业与创新代写
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Process innovation can contribute directly to a company’s profits by:
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- reducing production costs
- identifying market niches that have not yet been exploited
- employing state-of-the-art equipment
- establishing the foundation for effective marketing and sales
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Which of the following is a purely scientific discipline?
Select one:
- Electronics
- Physics
- Chemical engineering
- Astrology
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Clayton Christensen’s book, the Innovator’s Dilemma, is one of the most important management books written in the past twenty years. In it, Christensen maintains that:
Select one: 科技创业与创新代写
- companies can go out of business by adhering closely to their important customers’ demands
- the surest way to lose business is to contradict the customer – the customer is always right
- it is not necessary to be innovative, because companies can copy the innovative efforts of other companies without going through the hassle and expense of conducting original R&D
- strictly speaking, there are no true innovations, because “there is nothing new under the sun.”
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For a society to establish strong technological capabilities, it must invest heavily in science.
Select one:
- true
- false
Question 22 科技创业与创新代写
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At the time the electric light bulb was invented by Edison, a major challenge he faced in selling them was:
Select one:
- fighting a lawsuit by Westinghouse Corporation, claiming his light bulb patent infringed one they held
- dealing with competition from overseas
- handling claims by his partners that they were entitled to half the profits derived from light bulb sales
- the absence of electric power distribution systems in American communities
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With basic science:
Select one:
- scientists pursue their research effort without concern for practical results
- scientists must justify their research budgets by demonstrating how the research can yield practical results
- scientists must establish and test hypotheses
- scientists doing the research must have doctoral degrees
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An example of a trademark that became generic is:
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- iPod
- Cadillac
- Xerox
- Aspirin
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An innovation is approaching the end of its technology life when:
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- it is at the top portion of its S-curve
- it is at the middle portion of its S-curve
- it is at the bottom portion of its S-curve
- when its S-curve shifts downward
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Which of the following products established a dominant design for a product line?
Select one:
- Sanyo’s most advanced flat-panel television monitor
- Compaq’s transportable computer, based on the IBM PC design
- The internal combustion engine automobile that ran on gasoline
- The electric pencil sharpener
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As a product enters the maturity phase of its product life-cycle, one way to extend its life is to engage in incremental innovation.
Select one:
- true
- false
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Which of the following illustrates incremental innovation?
Select one:
- Invention of the light bulb
- Establishing the world wide web
- Releasing Version 2.0 of the Windows operating system
- Invention of movable type by Guttenberg
Question 29 科技创业与创新代写
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Inventions and innovations are basically the same thing.
Select one:
- true
- false
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In the start up phase of the product life-cycle:
Select one:
- profits are negative
- owners usually have pre-production contracts with potential buyers
- risk is lowest
- sales grow explosively
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Richard Foster’s concept of the defender’s paradox holds that:
Select one:
- by defending their existing successful innovations, companies are actually developing a good offensive strategy
- companies that continue to invest heavily in their successful innovations find that at a certain point, the returns on their additional investment drop dramatically
- when companies find their products being challenged by new market entrants, their best strategy is to strengthen their weakest products in order to throw the “attackers” off guard
- when cornered, defenders can be stronger than their attackers
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With business process reengineering (BPR):
Select one:
- companies should seek dramatic changes in their business processes 科技创业与创新代写
- companies should seek gradual changes in their business processes
- companies are basically changing their organizational charts
- companies must be careful not disrupt established business operations
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The dream of most venture capitalists is to have the companies they invest in “go public” through an IPO.
Select one:
- true
- false
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Piracy is concerned with:
Select one:
- unauthorized use of copyrighted material
- unauthorized use of patented technology
- unauthorized use of trade marks
- unauthorized use of trade secrets
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The common heritage of mankind argument holds that:
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- all humans are biologically the same and we should not confuse cultural differences among people with biological differences
- knowledge belongs to everyone, and should not be treated as intellectual property
- all people are entitled to express their views
- all humans have origins in Africa
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According to William Abernathy’s perspective on corporate innovation, for a company to break the stranglehold of doing business the same old way, it should:
Select one:
- focus R&D efforts on improving its existing products in order to make them more attractive in the market
- strive to strengthen the processes it employs to produce its products
- increase its R&D budget
- strive for de-maturation
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Seed funding for new ventures most commonly comes from:
Select one:
- venture capital investors
- commercial banks
- angel investors
- personal savings, family and friends
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In order to maintain control over your copyrighted material, you need to put a copyright notice mark (e.g., © 2012 Jones Corp.) onto works you write and publish.
Select one:
- true
- false
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Schumpeter’s concept of creative destruction holds that:
Select one:
- when entrepreneurs take over a business, they should strive to dismantle the way the business used to be run and implement new innovation-friendly processes
- a natural feature of capitalism is that established businesses cannot keep up with economic changes and entrepreneurial forces drive them out of business
- creative managers need to reinvent themselves constantly
- creative processes in the arts, sciences, and social systems entail rethinking how things should work
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A significant consequence to technological innovation and entrepreneurship arising from the financial meltdown of 2008 is:
Select one:
- intellectual property protection decreased
- investment capital dried up
- support for entrepreneurship education decreased
- the currency exchange rates for all countries decreased