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How Open Innovation Can Save a Nation's Industrial Market
If the need for gaining a competitive edge is the symptom, Open Innovation can be the cure. In the past few decades China has risen to be a global economic power. Yet, as a result, China is facing a reduce in its industrial competitiveness, due to an increase in standard of living and rising labor costs. What is the essential of maintaining a strong economy? Open Innovation can be the answer. Open Innovation is relatively a new concept. It is defined as a process characterize