Innovating always consumes internal budgets and resources, but in the technological world, this vital activity is also usually very expensive. The question of how to finance innovation is therefore an acute one. Whether the funding is internal, partly from customers, or supported by public authorities or agencies, it is essential to find ways to finance innovation activities.
This section explores and illustrates the different ways of financing innovation in the technology world.
Where to find the vital funding for innovation activities, whether it is to finance research, the development of new products, services or solutions, or improvements to be made?
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