Podcast
Questions and Answers
Open innovation involves sourcing ideas only from internal sources.
Open innovation involves sourcing ideas only from internal sources.
False (B)
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 (B)
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 (B)
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.
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.
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.
Innovation is a driving force that propels our society into the past.
Innovation is a driving force that propels our society into the past.
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.
Silicon Valley is known for being a stagnant innovation cradle.
Silicon Valley is known for being a stagnant innovation cradle.
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.
The innovation economy is based on physical attribution to a specific product.
The innovation economy is based on physical attribution to a specific product.
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.