The open innovation approach is consistent only with the alliance and acquisition approaches discussed in the chapter and not with the internal innovation approaches (Chapter 13 Opening Case).

Question

Quizplus · Accepted Answer

The statement is false. The open innovation approach can be utilized in combination with both internal and external innovation approaches. The Opening Case in Chapter 13 presents an example of a company that applied open innovation methods to internal innovation projects.

The Open Innovation Approach Is Consistent Only with the Alliance