In addition to ideas and innovations, risks are also shared between the different partners.
In other words, open innovation represents a significant hungary mobile database in the risks and costs involved in developing new products or technologies, in addition to minimizing the risks inherent in innovation.
Greater flexibility and agility
By leveraging open innovation, organizations can more easily adapt to market changes. By leveraging external input, a company can respond quickly to emerging trends , customer needs, and technological innovation.
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