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The Seeking Solutions Approach: Solving Challenging Business Problems with Local Open Innovation

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Deutsch C. The Seeking Solutions Approach: Solving Challenging Business Problems with Local Open Innovation. Technology Innovation Management Review. 2013;(March: Local Open Innovation):6-13.

Introduction

According to Geoffrey Nicholson, a former Vice President at 3M, "innovation is the transformation of knowledge into money". With such a definition, it is no surprise that innovation is a process that every company wants to master. Unfortunately, there is no magical recipe for innovation, only good practices.


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