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The partnership and integration allows Qmarkets clients to access hundreds of millions of innovation intelligence data points directly within the Qmarkets platform. As a result, Qmarkets is now able to offer clients a data-enriched end-to-end open innovation solution.
This type of innovation kicks in when sustaining innovations no longer generate additional profitability and the firms turns to cost reduction, mainly by optimizing internal processes. Careful matching should take place for each tool to be applied to the type of innovation this tool is the most suitable for --.
[This paradigm] assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.” ( Henry Chesbrough, 2006 ). The free flow, in and out, of ideas and IP promotes innovative ecosystems.
This type of innovation kicks in when sustaining innovations no longer generate additional profitability and the firms turns to cost reduction, mainly by optimizing internal processes. Careful matching should take place for each tool to be applied to the type of innovation this tool is the most suitable for --.
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