Innovation efforts of firm often benefit from partnering

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1. Johnson Controls, a maker of car seats, instrument panels, and interior control systems uses logistic reasoning to advance or eliminate entrepreneurial ideas.

True or False

2. More than 60 percent of corporate venturing efforts reach profitability within 6 years of their launch.

True or False

3. Innovation efforts of the firm often benefit from partnering with non-business entities such as universities and government agencies.

True or False

3. Which of the following statements best describes why employees join unions?

a. Being unhappy on the job is both a necessary and sufficient condition for joining a union

b. Many factors combine to determine union membership

c. It doesn’t really matter if workers are satisfied with their jobs. The key factor in determining whether workers will join a union is how comfortable they feel with union leadership

d. Recent research suggests that one’s predisposition to join a union has replaced union instrumentality as the reason workers join unions.

4. For each category of innovator below, provide one advantage and one disadvantage.

Individuals as innovators

Firms as innovators

Universities as innovators

Government institutions as innovators

Nonprofit organizations as innovators

Reference no: EM132261555

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