Which of the following are the three critical innovation strategies for changing products and technologies? a. Exploration, cooperation, and discovery b. Cooperation, innovation roles, and analysis c. Cooperation, collaboration, and innovation roles d. Exploration, cooperation, and innovation roles e. Exploration, creativity, and implementation

Question

Kimora Fry

Business

31 May, 13:53

Which of the following are the three critical innovation strategies for changing products and technologies? a. Exploration, cooperation, and discovery b. Cooperation, innovation roles, and analysis c. Cooperation, collaboration, and innovation roles d. Exploration, cooperation, and innovation roles e. Exploration, creativity, and implementation

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Answers (1)

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Averie Bowman · Answer 1

Option "C" is the correct answer to the following question.

Explanation:

By using Exploration, cooperation, and innovation, firms can make huge changes in new products and technology.

Different innovations of exploration greatly affect the innovative performance of various companies but repeated or excessive exploitation techniques may reduce its benefits, but using the two together establishes a relationship between exploration strategies and innovative performance.