Business Behavior in a Changing World II Coursework

Business Behavior in a Changing World II - Coursework ExampleCreativity is considered central to revolution, seen as a complex process. Issues surrounding knowledge diffusion and understanding property rights discussed. Policy should align research (academia) and funds (industry) within a broad innovation policy. Organisational persona of technology seen as means of improving social and economical conditions within the country. Costing of R&D is discussed, highlighting problems for organisational accounting, including long term focus and lack of outcome predictability. Annotation Several of Metcalfs explicit assumptions compulsion questioning. All developments are apparently driven and/or funded by industry, which does not allow for academic knowledge providing new insights from which innovation go off stem. New technology is considered the basis of innovation, when existing technology can be used in different, innovative ways. Technology is assessed according to its economic value, ignoring the need for knowledge propagation to enable technology creation. The distinction between science as academic and technology as pragmatical is arbitrary and questionable. Innovation is seen as linear and cumulative, ignoring leaps in ideas and creativity generating new technologies. (196 words) Policy Reader Chapter 8 National Systems of Innovation Freeman, C. ... 1 pp.5-24 Overview Freeman provides historical context for the importance of local/national innovation systems, beginning with Lists interdependencies of resources and industry, science and education. List advocated state claimment for long-term policies relating to industry and the rescue as national innovation systems. In-house R&D functions produced growth in research but highlighted the need for rapid knowledge diffusion for progress and the importance of qualitative and quantitative factors. Globalisation introduced nation variations jumper cable to diverse outcomes and a global position built on local success. National innovation systems should involve policies for local innovation and diffusion and includes organisation and management changes. Annotation Freemans views, including the different histories, leave out the political effect on economics, giving different meaning to long-term. Long-term is relative and context-specific, not a national or global standard. The process of innovation development is portrayed as logical and linear, which is unlikely. development the past is no guide to a future which is already substantially different to 1995. Mention of economic geography links to Krugmans ideas of free trade and developed and developing nations. No consideration is attached to the social impacts of the dichotomy, nor the issue of potential exploitation of the developing by the developed. (194 words) Policy Reader Chapter 9 The agonistic Advantage of Nations Porter, M. E. (1990) Chapter Nine The Competitive Advantage of Nations in Suneja, V. (ed.) Policy Issues for Business a Reader keen-sighted/The Open University, London Porter, M. E. (1990) The Competitive Advantage of Nations Harvard Business Review March/April pp.73-93 Overview Porter