Home » Innovation & Entrepreneurship - From Basics to Open Innovation » Why can we consider failure to be an asset or strategic resource? Why can we consider failure to be an asset or strategic resource? 3. Question 3 Why can we consider failure to be an asset or strategic resource? 1 point When others fail, we can succeed. Knowledge about failure can be used to mislead competition. Bad staff can be detected and excluded. You can learn from it. Other Questions Of This Category Where can innovation come from?What is the relationship between innovation and entrepreneurship?What is a persona?When would you pivot?What is the startup advantage?What is a unicorn in the startup and business context?In the innovation portfolio matrix, how do we measure types of projects?Which of the following are key elements of the definition of entrepreneurship given by Mark Coopersmith?What are the three types of innovation?Which of the following are key elements of the definition of innovation given by Mark Coopersmith?What is the average current (2015) lifespan of a US Fortune 500 company?What does TAM SAM SOM stand for?Which of the below are part of TGDIYCMN?Which is the smallest?What is the definition of a market segment according to the definition given?