PIA3900 Week 2: Innovation and Policy with Gary Hamel and Joseph A. Schumpeter

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What did the policy options to combat climate change include?

Encouraging dissemination of scientific and technological knowledge

What role does innovation play in economies?

Fosters productivity growth

Why are innovative economies more adaptable to change?

Because they embrace new ideas and technologies

How can strengthening innovation help address global challenges?

By improving living standards

What is one of the reasons why innovation is a fundamental challenge for countries?

It fosters green growth

Explore the concept of innovation with a focus on management innovation by Gary Hamel and the definition of innovation by Joseph A. Schumpeter. Learn about radical business innovation, reconceiving products and services, redefining market space, and redrawing industry boundaries.

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