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The semester project was due at 8:00 a.m.the next day and as the sun rose swiftly in the east,the team of four graduating seniors held their collective breath.If their database project worked (and why wouldn't it,they had begun early yesterday afternoon) they would complete their quest and graduate in a week with their shiny diplomas in MIS.Their drive to finish the project with A quality work was clear testament to their:
Closed Innovation
An innovation approach where all research and development processes are conducted internally within a firm, with little or no input from external sources.
Broadcasting
The distribution of audio or visual content to a dispersed audience via any electronic mass communications medium, traditionally encompassing television, radio, and the internet.
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.
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