SIB-340 Global Innovation
As a result of globalization, the invention and commercialization of innovation are now completed in different parts of the world. Raw ideas are developed in one place before transferring to another country to test the market viability. More and more innovations are born global and sold local. Of all, an increasing number of countries using national resources to encourage innovation and copy after the Silicon Valley to move up the technological ladder. Developing economies become the pilot market to test promising innovation as they offer lower entry barriers and more opportunities than developed economies. Business are recruiting international talents, producing homegrown innovation with global demand in mind, while actively using international partnerships to explore the next frontier. In this complex web of firms, markets and countries, markets are evolving faster and firms have a greater pressure to deliver innovation to the global audience.
Prerequisite
Student has completed or is in process of completing 24 Credits