Identify and explain some advantages and disadvantages of having formalized procedures for improving the effectiveness or efficiency of innovation?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter18: Management Of Technology And Innovation
Section18.1: Mti—its Importance Now And In The Future
Problem 1CC: How are management of technology and management of innovation similar? How are they different?
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Identify and explain some advantages and disadvantages of having formalized procedures for improving the effectiveness or efficiency of innovation?

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