Business Question

timer Asked: Aug 11th, 2013
account_balance_wallet $9.99

Question Description

A company with a
broadly focused business strategy focuses on technologies that can be developed
and patented in anticipation of some future use. The portfolio is created with
an expectation that it can contribute to the creation of some future market

A company with a narrowly focused business strategy uses targeted R&D to
develop technologies that will meet a known or narrowly defined current (or
potential) market demand. The time horizon for commercialization typically is

Can anyone think of example companies that could fit into both of these
categories? Can you share where you think the company you currently work for
(or previously worked for) would fall?

50 words-

Tutor Answer

School: Cornell University

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Thanks, good work

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