Podcast
Questions and Answers
Open innovation involves sourcing ideas only from internal sources.
Open innovation involves sourcing ideas only from internal sources.
False
The term 'open innovation' was first introduced by Henry Chesbrough in the 1950s.
The term 'open innovation' was first introduced by Henry Chesbrough in the 1950s.
False
In the 1990s, values like collaboration and openness were not embedded into the foundations of the modern internet.
In the 1990s, values like collaboration and openness were not embedded into the foundations of the modern internet.
False
95% of firms surveyed are not practicing open innovation on at least some projects.
95% of firms surveyed are not practicing open innovation on at least some projects.
Signup and view all the answers
Open innovation typically creates a culture shock in organizations used to being self-reliant.
Open innovation typically creates a culture shock in organizations used to being self-reliant.
Signup and view all the answers
To set up an open innovation program, identifying key problems to solve is not necessary.
To set up an open innovation program, identifying key problems to solve is not necessary.
Signup and view all the answers
Innovation is a driving force that propels our society into the past.
Innovation is a driving force that propels our society into the past.
Signup and view all the answers
The term 'Innovation economy' has been losing attraction among business leaders and scholars.
The term 'Innovation economy' has been losing attraction among business leaders and scholars.
Signup and view all the answers
Silicon Valley is known for being a stagnant innovation cradle.
Silicon Valley is known for being a stagnant innovation cradle.
Signup and view all the answers
Entrepreneurs have not played a crucial factor in changing how we live our lives.
Entrepreneurs have not played a crucial factor in changing how we live our lives.
Signup and view all the answers
The innovation economy is based on physical attribution to a specific product.
The innovation economy is based on physical attribution to a specific product.
Signup and view all the answers
Policy Innovation refers to old processes, tools, and practices used for policy design and development.
Policy Innovation refers to old processes, tools, and practices used for policy design and development.
Signup and view all the answers