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Open innovation

Open innovation

Opening up to external ideas to increase innovation capabilities and find routes to market. The central idea behind open innovation is that in a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions from other companies. In addition, it includes the idea that internal inventions not being used in a firm’s business should be taken outside the company and made publicly available.


ECO-FASHION-DENIM AND DIAGRAMS DICTIONARIES OVERVIEW

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