BU 7030 Managing Innovation
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As per the course BU 7030 Managing Innovation, a connection of the management of innovation processes, and change management is known as Managing Innovation. Innovation management helps the firms to respond to external or internal opportunities, and apply its methods to introduce new ideas, processes or products. Innovation management is also the process of managing innovative ideas as per the course BU7030 Managing Innovation.
Following are the four elements related to innovation management under this course:
- Collaboration
- Ideation
- Implementation and
- Value Creation
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