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Business trends

Japan to form 40-company alliance for open innovation breakthrough

Toyota, ANA and others will share and assess promising technologies

Baidu has adopted an open innovation approach to developing self-driving technology, inviting over 100 countries to take part in the initiative.    © Reuters

TOKYO -- Toyota Motor and about 40 other leading Japanese companies will create a framework for sharing technologies and business ideas to spur innovation, joining a growing global trend for collaborative development.

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