Business Question

Aug 11th, 2013
FratBro23
Category:
Business & Finance
Price: $15 USD

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
demand.

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
short.

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

(Top Tutor) Daniel C.
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School: Boston College
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