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_____ is defined as the process a company employs to externally search for and source research, new technologies, and products.

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User Pwilcox
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1 Answer

6 votes

Answer:

Open innovation.

Step-by-step explanation:

Open innovation can be defined as the process a company employs to externally search for and source research, new technologies, and products.

This ultimately implies that, open innovation avails business firms or companies that ability to make use of inflow and outflow of knowledge, ideas and skills to help facilitate or enhance innovation within the company, as well as expand or increase the global market for external applications of innovative technologies or knowledge.

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User Grastveit
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