LEADING THE WAY: MANAGERIAL INNOVATION AND THE ART OF OPEN INNOVATION MANAGEMENT
Abstract
This research paper explores the dynamic field of managerial innovation and its intersection with the art of open innovation management. It delves into the strategies, practices, and challenges involved in leading organizational innovation efforts and harnessing the power of open innovation. The study highlights the significance of effective managerial approaches in fostering a culture of innovation and leveraging external collaborations to drive sustainable competitive advantage. Through an in-depth analysis of case studies and empirical research, this paper provides valuable insights into the crucial role of managers in orchestrating open innovation initiatives and propelling organizational growth and success.
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