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Mechanical Engineering

What caused the Open Paradigm? Give examples

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Open Innovation model was first coined to Dr Henry Chesbrough Executive Director Center for Open Innovation Haas School of Business who defines it as Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas and internal and external paths to market as the firms look to advance their technology The open innovation aims to improve the organization ability to innovate new ideas for products and solutions through the exploit external ideas presented by consumers and partners to achieve market success The ideas which are gathered and evaluated during the    See Answer
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