Harnessing The Engine Of Global Innovation

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Questions Bank

Introduction
International Trade and Foreign Direct Investment
Culture and Business
World Economies
Global and Regional Economic Cooperation and Integration
International Monetary System
Foreign Exchange and the Global Capital Markets
International Expansion and Global Market Opportunity Assessment
Exporting,Importing,and Global Sourcing
Strategy and International Business
Global Entrepreneurship and Intrapreneurship
Winning Through Effective,global Talent Management
Harnessing the Engine of Global Innovation
Competing Effectively Through Global Marketing,Distribution,and Supply-Chain Management
Understanding the Roles of Finance and Accounting in Global Competitive Advantage

All Questions

Question 1

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True/False

Companies undertake R&D in order to develop new products,services,or procedures that will help them grow and expand their operations.

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Question 2

Free

True/False

An innovation becomes an invention when people are willing to buy it in high enough numbers that result in benefits for the firm.

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Question 3

Free

True/False

A government can fund R&D directly,by offering grants to universities and research centers.

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Question 4

Free

True/False

Governments provide tax credit to corporations to encourage them to invest in R&D in their countries.

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Question 5

Free

True/False

Government investments in infrastructure that support new technology provide insignificant returns in terms of promoting innovation.

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Question 6

True/False

Significant differences in property rights around the globe make the world flatter with respect to innovation.

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Question 7

True/False

A patent provides protection for a limited period,generally twenty years from the filing date.

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Question 8

True/False

It is not mandatory for a company to reveal the details of the invention in order to get a patent.

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Question 9

True/False

A trade secret may relate to technical matters,such as the composition or design of a product,a method of manufacture,or the know-how necessary to perform a particular operation.

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Question 10

True/False

The system of law related to R&D and innovation is referred to as intellectual property rights.

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Question 11

True/False

Patents automatically guarantee a favourable decision every time the owner is forced to defend the invention in court.

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Question 12

True/False

Some companies obtain patents mainly to license or sell them to others,thus making money from their inventions without having to manufacture or service anything themselves.

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Question 13

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Innovation hubs usually have a specific industry focus.

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Question 14

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A significant amount of innovation yields no new products or services because of R&D failure.

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Question 15

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Companies encourage intrapreneurs to propose new ideas and solutions,rewarding them with seed money to develop and grow their ideas.

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Question 16

True/False

Social network refers to the resources such as ideas,information,money,and trust.

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Question 17

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It is harder to take advantage of foreign countries' knowledge if one is not located there because culture,geography,and secrecy make knowledge harder to diffuse across international borders.

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Question 18

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In some cases,the lead users even precede a company when it comes to making breakthrough innovations.

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Question 19

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A low price product can be highly profitable if the seller is organized to deliver value.

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Question 20

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While social network and social capital can be associated with many things,they are not important sources of innovation.

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