An organization should build and manage rich external linkages to enable 'open innovation'?

Question

Quizplus · Accepted Answer

Building and managing rich external linkages can help an organization to tap into external sources of knowledge, expertise, and resources, which can support open innovation efforts. By collaborating with external partners, an organization can access new ideas, technologies, and perspectives, and jointly solve complex problems. Open innovation can help an organization to be more flexible, adaptive, and responsive to changes in the market, and can increase the likelihood of success for innovation initiatives. Therefore, it is recommended that an organization should build and manage rich external linkages to enable open innovation.

An Organization Should Build and Manage Rich External Linkages to Enable