A Machine Learning Based Strategy to Support Decision Making of Open Innovation

By • on July 6, 2021

The International Journal of Software & Hardware Research in Engineering noted that in the era of globalization, if companies solely rely on internal resources for innovation activities, it will be difficult to meet market demand and adapt to the needs of competition. Open innovation is the opening of the traditional closed-ended innovation model of enterprises, the introduction of external innovation capabilities, and the breaking of the traditional corporate boundaries. Therefore, it has become one of the important ways for modern enterprises to obtain high economic returns.

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