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12 Types of Innovation You Should Know in 2021

IdeaScale

Successful closed innovation requires protection, control, and ownership of intellectual property while still under development, through the use of special product development teams within a company. Social Innovation. Process Innovation.

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15 most important Innovation Theories your company should be using

Idea to Value

Importantly, it should be noted that there are times when this system could be overkill, such as for start-ups which are working on a single product and are very early in their journey. Additionally, software systems like this do not replace people in the innovation process and cannot automate its management.

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