Innovation can be described as creation and selection of an idea, developing it plus making it fit for commercialization. For enhancing as well as encouraging innovation, there are various different processes which are utilized by businesses and...
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Innovation can be described as creation and selection of an idea, developing it plus making it fit for commercialization. For enhancing as well as encouraging innovation, there are various different processes which are utilized by businesses and organizations. All these processes come under, what is known as; innovation management. For accomplishing the same purpose, there are several corporate innovation programs which take place in numerous organizations. The ultimate objective of both of these strategies is same; which is foster innovative ideas which can be utilized for commercial projects.
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