The innovation process described as local-for-local implies the decentralization of R&D activities in multiple countries.

Name: The innovation process described as local-for-local implies the decentralization of R&D activities in multiple countries.
Brand: Quizplus
Rating: 4.9 (29 reviews)

Question

Quizplus · Accepted Answer

Local-for-local innovation relies on subsidiary-based knowledge development.Responding to perceived local opportunities,subsidiaries use their own resources and capabilities to create innovative responses that are then implemented in the local market.

The Innovation Process Described as Local-For-Local Implies the Decentralization of R&D