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____ contracts reduce the risk of incurring higher costs than expected.
Open Innovation
A business model that encourages companies to use both internal and external ideas and paths to market when advancing their technology.
Crowdsourcing
The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, typically from an online community.
Crowdsourcing
is the practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.
Innovative Ideas
Original and creative concepts that bring new solutions to problems or introduce unique improvements.
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