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Innovation is essential for companies that want to remain relevant and competitive. However, simply having an innovative culture or encouraging creativity among employees may not be enough to drive meaningful growth. This is where corporate innovation programs come in.
Corporate innovation programs are structured initiatives and resources that companies provide to support and encourage their employees to develop new ideas, products, and services. These programs can take many forms, such as hackathons, incubators and accelerators, innovation labs, and even venture capital funds.
Such programs have the potential to unlock growth and drive innovation by providing a structured framework for …