Innovation as a Strategic Response Moscow State University

Innovation as a Strategic Response Moscow State. University Higher School of Business November 2013 Gerald J Rohan

What is Innovation • • • Simple? Complex? New use? What is the key?

Innovation • • Inputs Research and Development Quality of Research Infrastructure Quality of local infrastructure Education of Workforce Technical Skills of Workforce Quality of IT and Communication Infrastructure Broadband • • Environment Political Environment Market Opportunities Policy toward free enterprise and competition Policy towards foreign investment Foreign Trade and Exchange Controls Taxes Financing The labor market

Views on Invention • I have not failed. I've just found 10, 000 ways that won't work. ” ― Thomas A. Edison • Scientists may have sophisticated laboratories, But never forget 'eureka' was inspired in a bathtub. ” ― Toba Beta, Betelgeuse Incident

Role of Entrepreneurs • • Risk Takers Curiosity Wealth Challenge

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Countries 1. Switzerland 2. Sweden 3. United Kingdom 4. Netherlands 5. United States of America 6. Finland 7. Hong Kong 8. Singapore 9. Denmark 10. Ireland Source Global Innovation Index Rankings 2013