Traditionally,MNEs Developed Innovation Processes That Were Either Very Centralized (Resulting

question 27

Essay

Traditionally,MNEs developed innovation processes that were either very centralized (resulting in center-for-global innovation),or very decentralized (resulting in local-for-local innovation.)More recently,companies have developed two transnational innovation models.Describe the new models and the advantages they have over the older approaches to innovation.

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Definitions:

Inherent Value

The intrinsic worth of something, not based on its utility to humans, often referenced in environmental ethics and conservation.

Material Wealth

The abundance of physical, tangible assets and resources that an individual or society possesses, often considered an indicator of economic well-being.

Planetary Management

A worldview or philosophy that regards humans as the dominant species responsible for managing Earth's resources for maximum benefit.

Life-Support Systems

Systems or equipment used to sustain human life in situations where essential necessities are not naturally available, often used in space exploration or undersea habitats.