Innovation and Competitive Advantage Quiz

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Which type of innovation is the focus of most reviews and meta-analyses in academic publications?

Product innovation

According to management scholars, what is the most important determinant of firm performance?

Innovation capability

Which of the following is NOT a level of analysis around which the narrow focus of innovation studies is centered?

Nation

What is the primary reason for the fragmentation of the field of innovation?

<p>Narrow focus of studies</p> Signup and view all the answers

In the business world, innovation has received widespread attention because it is seen as a critical source of what?

<p>Competitive advantage</p> Signup and view all the answers

Which group of individuals were traditionally responsible for generating ideas for new products?

<p>All of the above</p> Signup and view all the answers

What is the term used to describe the process of outsourcing idea generation to the 'crowd' of users?

<p>Crowdsourcing</p> Signup and view all the answers

What were the key quality dimensions used by executives to evaluate the ideas generated by both professionals and users?

<p>Novelty, customer benefit, and feasibility</p> Signup and view all the answers

Which group of individuals generated ideas that scored significantly higher in terms of novelty and customer benefit?

<p>Users</p> Signup and view all the answers

What industry was the focus of the idea generation contest mentioned in the text?

<p>Consumer goods market for baby products</p> Signup and view all the answers

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