Category: Topic Of The Month

Innovation as a Means for Economic Evolution

Here is the first response to the Topic of the Month. Economic growth is an outcome of the innovation trajectory we set. Today managing innovation is complex; often success is measured and valued by the creative destruction of others. The ability to ‘evolve’ is very determinant on the knowledge base, either within a given economy or within a ‘federation’ to bring together as something new, offering more value than what is on offer today. Innovation is highly dynamic in its constant change but also in its needs of constant co-ordination of its parts. Nations are Very Different No one nation can just copy another, the same as one business entity cannot simply copy another, each has distinct characteristics, a history and a certain set of ‘physical’ boundaries on where it is located. Different cultures, different histories set each Nation apart. The main differences of Nations requiring to innovate they simply … Continue reading

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What does it take to build an innovation nation?

August 2011 Topic What makes one country more innovative than another? Can you really make a country more innovative? If so, what does it take to build an innovation nation or to transform your economy to place innovation at its core? The Global Innovation Index 2011 was put together by Insead along with knowledge partners Alcatel-Lucent, Booz & Co., the Confederation of Indian Industry (CII), and the World Intellectual Property Organization (WIPO). The recently released Global Innovation Index 2011 gives a ranking of innovation nations, but what does it tell us? Here is your chance to share with people around the world your thoughts on the questions above about what it takes to build an innovation nation. Reply Here With Your Answer

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