What has been defined as "the process a company employs to externally search for and source research,innovation,new technologies,and products?"
A)T-P-M linkage
B)Open innovation
C)Creative abrasion
D)Leveraged creativity

Question

Quizplus · Accepted Answer

Open innovation is the process of seeking out and incorporating external ideas, research, and technologies into a company's innovation process. It involves collaborating with outside parties such as customers, suppliers, universities, and startups to access a wider pool of knowledge and resources. A company that practices open innovation looks beyond its own boundaries to find new ideas and accelerate innovation. The other choices are not relevant to this definition.

What Has Been Defined as "The Process a Company Employs