Question

In: Economics

Suppose that we collected annual data to identify factors determining technological innovation of firms (Data Obtained)...

Suppose that we collected annual data to identify factors determining technological innovation of firms (Data Obtained)

a. Technological Innovation (number of new patents) of firms

b. No of employees / c. R&D expenditures /d. Appropriability /e. No of technological alliances with another firms. We want to check if

1) there is inverted U shape relation between the no of alliances and the technological innovation

2) the impact of the R&D expenditure on the technological innovation are different by appropriability level of firms

Explain how to specify the equation for estimation.

Solutions

Expert Solution

Solution

Technological change generally implies some changes to organizations, and very often requires changes in who owns and controls information, who has the right to access and update that information, and who makes decisions about whom, when, and how. This more complex view forces us to look at the way work is designed and _______________.

ANS: number of employees assigned

Another name for standard operating procedures for creating goods and services is____________________

ANS: rotations

A collection of routines for producing goods and services is called a(n)__________________________

ANS: organizational politics

The assumption that an MIS professor knows more about normalization than a student is an example of ________.

ANS: organizational culture

An innovation that dramatically changes the business environment is called a(n) ________.

ANS: organizational learning company

Information systems technology can be viewed as a factor of p

In Porter's competitive forces model, the strategic position of the firm and its strategies are determined not only by competition with its traditional direct competitors but also by four other forces in the industry's environment: _________________________________.

ANS: institutional knowledge, entry costs, workers, and plants

In the music industry, ________ are considered a newer substitute for CD-based music stores.

ANS : records

The power of the customer ________ if they have an easy time switching from one company (e.g., not having to pay an exit fee) to another.

ANS: stops

Hilton Hotels' OnQ system analyzes detailed data collected on active guests in all of its properties to determine the preferences of each guest and each guest's ___________ to choose guests for additional privileges such as late checkouts.

ANS: displeasure

Nike sells customized sneakers through NIKEiD to establish ________.

ANS:organizational politics

Customer relationship management (CRM) that includes analytical capabilities is often called ________.

ANS: product CRM

The Internet has ________ competitive rivalry.

ANS: not changed the level of

According to the value chain model, human resources is considered a ________ of the firm.

ANS: primary activity

According to the value chain model, technology is considered a ________ of the firm.

ANS: processing activity

According to the value chain model, sales and marketing is considered a ________ of the firm.

ANS: support activity

According to the value chain model, operations are considered a ________ of the firm.

ANS: support activity

A ________ consists of a networked system that can synchronize the value chains of business partners ________.

ANS: value center; within an industry

________ include two organizations sharing expertise.

ANS: Enterprise systems

A virtual company uses ________ to link people, assets, and ideas.

ANS: economics

A(n) ________ includes interdependent networks of suppliers, distributors, and outsourcing firms.

ANS: five-forces model

In most cases, a business ecosystem includes ________.

ANS: all equal firms

According to research, about ________ of a firm's profits can be explained by alignment of IT with business.

ANS: 10 percent

roduction that can be substituted for traditional capital and labor. As the cost of information technology __________, it is substituted for labor, which historically has been a rising cost.

ANS: increases

Information systems can ________ the organization by giving lower-level employees more capabilities

ANS: reduce

________ developed the competitive forces model.

ANS: Ugray


Related Solutions

Discuss factors affecting the adoption of environmentally friendly technological innovation among firms. From your perspective what...
Discuss factors affecting the adoption of environmentally friendly technological innovation among firms. From your perspective what is the most important factor? Support your answer with realistic examples.
Census data was collected on the 50 states and Washington, D.C. We are interested in determining...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining whether average lifespan (LIFE) is related to the ratio of males to females in percent (MALE), birth rate per 1,000 people (BIRTH), divorce rate per 1,000 people (DIVO), number of hospital beds per 100,000 people (BEDS), percentage of population 25 years or older having completed 16 years of school (EDUC) and per capita income (INCO). (a) Fit the MLR model with LIFE (y) as...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining whether average lifespan (LIFE) is related to the ratio of males to females in percent (MALE), birth rate per 1,000 people (BIRTH), divorce rate per 1,000 people (DIVO), number of hospital beds per 100,000 people (BEDS), percentage of population 25 years or older having completed 16 years of school (EDUC) and per capita income (INCO). "STATE" "MALE" "BIRTH" "DIVO" "BEDS" "EDUC" "INCO" "LIFE" AK...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining whether average lifespan (LIFE) is related to the ratio of males to females in percent (MALE), birth rate per 1,000 people (BIRTH), divorce rate per 1,000 people (DIVO), number of hospital beds per 100,000 people (BEDS), percentage of population 25 years or older having completed 16 years of school (EDUC) and per capita income (INCO). "STATE" "MALE" "BIRTH" "DIVO" "BEDS" "EDUC" "INCO" "LIFE" AK...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining...
Census data was collected on the 50 states and Washington, D.C. We are interested in determining whether average lifespan (LIFE) is related to the ratio of males to females in percent (MALE), birth rate per 1,000 people (BIRTH), divorce rate per 1,000 people (DIVO), number of hospital beds per 100,000 people (BEDS), percentage of population 25 years or older having completed 16 years of school (EDUC) and per capita income (INCO). "STATE" "MALE" "BIRTH" "DIVO" "BEDS" "EDUC" "INCO" "LIFE" AK...
Suppose a company invests in technological innovation and, therefore, has lower capital stocks in the current...
Suppose a company invests in technological innovation and, therefore, has lower capital stocks in the current period. What are the effects on current aggregate output, consumption, investment, employment, real wage, real interest rate, nominal interest rate, and price level? Explain your results and show the graph.
Should we ever try to slow down innovation or technological advances? As we've seen throughout the...
Should we ever try to slow down innovation or technological advances? As we've seen throughout the history of America, the cheaper labor will succeed in automation and innovation creates new jobs. Like we saw in class, most newspapers feared the rise of "robots" or technology as they continually destroyed american jobs. Can we ask american people to stop creating or stop inventing to prevent the loss of jobs? Would becoming stagnant in our business pursuits benefit everyone, the workers, or...
Identify and discuss the factors determining the rate of productivity growth in Australia.
Identify and discuss the factors determining the rate of productivity growth in Australia.
Suppose the law is changed so that innovation activities by firms are taxed at a much...
Suppose the law is changed so that innovation activities by firms are taxed at a much lower rate than other company expenses. a. What happens to the long-run aggregate supply curve? Explain. b. What happens to the value of the dollar? Explain. c. What happens to the quantity of net exports demanded? Explain. d. What happens to aggregate demand? Explain.
Identify and discuss the influences of technological Environmental factors that may affect consumers in buying an...
Identify and discuss the influences of technological Environmental factors that may affect consumers in buying an electric car.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT