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The term was popularized by Jeff Howe in 2006, when he described how businesses could leverage online communities to source innovative ideas. Idea management software (such as Q-ideate from Qmarkets) helps organizations streamline crowdsourcing with a proven, data-driven approach.
Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. Michael Docherty, 2006). Considering ideas from everywhere will open alternative routes to innovation. This affects the innovative performance in turn.
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