Examlex
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Open Innovation
The use of web-enabled input from external sources to facilitate innovation.
Intensive Collaboration
A deeply cooperative effort involving close and sustained interaction among participants to achieve a common goal.
External Parties
Individuals or organizations outside of an organization who can be affected by its activities or who can impact the organization's performance.
Open Innovation
A business model that encourages companies to both use external ideas and inventions in their own business practices and allow their unused internal ideas to be used by other organizations.
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