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Global Innovation and Economic Value

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Release : 2018-01-28
Genre : Business & Economics
Kind : eBook
Book Rating : 609/5 ( reviews)

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Book Synopsis Global Innovation and Economic Value by : Vijay Kumar

Download or read book Global Innovation and Economic Value written by Vijay Kumar. This book was released on 2018-01-28. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to capture innovation outcomes. The intent is on a holistic assessment of value creation by innovation — the societal value that it delivers to humanity, the economic value that it has the potential to endow to nations, and the monetary value that it provides to innovating firms. With a range of anecdotal examples and empirical analysis, the book endeavours to answer the question: Have investments in innovation paid off? Big data and analytics underpin the development of the book material. The coverage is truly global, accentuating the economic value created by innovation in the technology and pharmaceutical sectors, the two largest bastions of innovation. In addition, it includes numerous examples of successful innovation in global companies while analyzing its economic/financial impact.

Rising to the Challenge

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Release : 2012-08-06
Genre : Technology & Engineering
Kind : eBook
Book Rating : 511/5 ( reviews)

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Book Synopsis Rising to the Challenge by : National Research Council

Download or read book Rising to the Challenge written by National Research Council. This book was released on 2012-08-06. Available in PDF, EPUB and Kindle. Book excerpt: America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.

Global Innovation Index 2020 - Executive version

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Release : 2020-08-13
Genre : Law
Kind : eBook
Book Rating : 013/5 ( reviews)

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Book Synopsis Global Innovation Index 2020 - Executive version by : World Intellectual Property Organization

Download or read book Global Innovation Index 2020 - Executive version written by World Intellectual Property Organization. This book was released on 2020-08-13. Available in PDF, EPUB and Kindle. Book excerpt: Who Will Finance Innovation?

Rising to the Challenge

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Release : 2012-07-06
Genre : Technology & Engineering
Kind : eBook
Book Rating : 160/5 ( reviews)

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Book Synopsis Rising to the Challenge by : Committee on Comparative National Innovation Policies: Best Practice for the 21st Century

Download or read book Rising to the Challenge written by Committee on Comparative National Innovation Policies: Best Practice for the 21st Century. This book was released on 2012-07-06. Available in PDF, EPUB and Kindle. Book excerpt: America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.

The Influence of National Culture on Innovation

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Release : 2022
Genre : Organizational change
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Influence of National Culture on Innovation by : Sumit Ganguli

Download or read book The Influence of National Culture on Innovation written by Sumit Ganguli. This book was released on 2022. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between the culture of innovation within a firm and its innovative outcomes? Does national culture impact the innovation index within a nation? How do the components of the country's innovation impact the economic value of its firms and the nation itself? I have used the following approach to answer these questions. 1) I conducted a firm-level survey on the impact of the culture of innovation on the novelty of innovation in developing countries like India and Israel, and in developed countries like the UK and the US. To disprove the Schumpeterian theory, I examined the moderating effect of the size of the firm and its revenue on the influence of a culture of innovation on innovative outcomes. 2) In addition, I examined the impact of Hofstede's cultural dimensions of national culture on the components of the Global Innovation Index for 53 countries, using the most recent dataset of 2021. 3) I also studied the impact of the components of nations' Innovation Indices, as measured by the Global Innovation Index, on the economic values of 10 nations in the technology sector. The results indicate a positive association between the culture of innovation and the novelty of innovation. In addition, the impact of the firm's size and revenue on the relationship between the culture of innovation and the novelty of innovation was insignificant. I also conducted two other studies. In the second study, I examined the relationship between six of Hofstede's cultural dimensions for 53 countries and the countries' Innovation Indices, as measured by the Global Innovation Index (GII). I was able to establish some relationships: i) Uncertainty avoidance has a negative relationship with market sophistication. ii) A long-term orientation has a positive relationship with market sophistication. iii) A long-term orientation and individualism have a positive relationship with institutions. iv) Individualism, a long-term orientation, and indulgence have a positive relationship with human capital and research. v) A long-term orientation and indulgence have a positive relationship with business sophistication. vi) Uncertainty avoidance has a negative relationship with business sophistication. vii) A long-term orientation and individualism have a positive relationship with knowledge and technology outputs. viii) Uncertainty avoidance has a negative relationship with knowledge and technology outputs. For the third study, I examined the relationships between the components of the Global Innovation Index and economic value. The results indicate that a nation needs a mature, diversified, competitive domestic market and industry, and a strong digital infrastructure to emerge as a nation with strong economic value in the information technology sector. The key drivers for economic growth in a nation are investments in research and development, and mature engineering and manufacturing processes. I believe this study of national culture and its impact on innovation and the relationship between a firm's culture of innovation and the novelty of innovation could improve innovative outputs from firms in developing countries like India and Israel and enhance their economic value.

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