Question

What is the role of the institution in the idea generation?

Answer 1

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Answer 2

The role of the institution in the idea generation.

• The process of forming and communicating abstract, concrete, or visual ideas is referred to as idea generation. It's the top of the idea management funnel and it concentrates on thinking about potential solutions for real or imagined issues and chances.
• The process of forming and communicating abstract, concrete, or visual ideas is referred to as idea generation. It's the top of the idea management funnel and it concentrates on thinking about potential solutions for real or imagined issues and chances.
• Excellent internal sources include firm employees and the research and development division. However, outside sources are also highly beneficial. These include clients, vendors, rivals, avenues of distribution, the government, institutes of higher learning, and focus groups.
• The process of generating ideas is known as ideation. It is a creative process that includes the creation, evolution, and dissemination of fresh ideas and concepts, which serve as the cornerstone of your innovation strategy.

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