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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Research has shown that innovation is mostly linked to the Schumpetarian view: innovative companies are more likely to be started by Schumpetarian-type founders (Samuelsson & Davidsson, 2009), are more likely to be started by engineering students (Ilozor et al., Klein & Bullock, 2006; Lewin, 2011; Von Mises, 1949).

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Principles of open innovation

hackerearth

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). Balancing external and internal R&D activities is key to achieving higher levels of innovation.