In: Economics
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.
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