Question
The key elements of the Open Innovation framework include:
1. Outside-In Process: This involves enriching a company's own knowledge base through the integration of suppliers, customers, and external knowledge sourcing.
2. Inside-Out Process: This involves bringing ideas to the market by deploying pathways outside the current businesses, such as licensing, joint ventures, and spin-offs.
3. Coupled Process: This involves working in tandem with external partners, where both the outside-in and inside-out processes are linked, creating a symbiotic relationship between the firm and its partners.
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This deck includes the following frameworks: Open Innovation, , , Six Boxes, Core Competence Model, Internationalization Strategy, , Bridges Transition Model, , Capital Asset Pricing Model (CAPM), Just-In-Time/Lean Thinking, , Theory X and Theory Y, Real Options Theory, Managerial Grid, Business Model Canvas, Business Ecosystem, Socially Engineered Change, Crowdsourcing Process, Ansoff Growth Matrix, , Benchmarking, Learning Style Inventory, Flow Theory, People Capability Maturity Model, Evolutionary Growth of Organizations, STAR Method, , , Model, Net Present Value, Five Star Model, Overhead Value Analysis, KANO Model, SECI Model, Interpersonal Circumplex, Buy-Grid Model, Adaption Innovation Inventory, SHRM Competency Model, Crafting Strategy, Senge's Five Disciplines, Ulrich HR model and DELPHI.
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