Explain the importance of the open innovation model


Discussion Board

Respond to two of the four discussion questions. You'll want to provide a thoughtful, 100+ word response for each of the discussion questions that you select. Think of these as ‘essay questions'. In your response, clearly demonstrate an understanding of the concepts from the readings and lecture notes relating to the topics. Incorporate examples in your explanation that demonstrates your understanding the material.

Questions:

• Describe the two sets of motives that drive internal corporate venturing.

• Explain the importance of the open innovation model?

• Provide two examples of companies that have developed successful corporate entrepreneurship strategies. Explain your examples in detail.

• There are two fundamental forms of corporate entrepreneurship: corporate venturing and strategic entrepreneurship. In the current US economy, which seems like the better form for a company to follow? Why?

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Business Management: Explain the importance of the open innovation model
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