Which of the following means extending the search for and commercializing of new ideas beyond the boundaries of the organization and even beyond the boundaries of the industry?
A) An idea champion
B) Open innovation
C) A new-venture team
D) An idea incubator
E) An inventor

Question

Quizplus · Accepted Answer

Open innovation refers to the practice of seeking external sources of innovation in addition to internal efforts. This can involve collaboration with other organizations, academia, and even customers or the general public. The goal is to expand the pool of potential ideas and bring in fresh perspectives from different fields or industries.

Which of the Following Means Extending the Search for and Commercializing