Accelerating Corporate Innovation - The Competitive Advantage of Ecosystem Engagement

Overview

What you will study

Innovation is a driver of productivity, competitive advantage, and enterprise value. But it does not happen in a vacuum. Corporate innovation requires connections among key stakeholders such as, entrepreneurs, universities, risk capital providers, government, and large corporations. These connections are increasingly taking place in “innovation ecosystems” and through programs such as accelerators, hackathons, prize competitions, and co-working spaces in which stakeholders and communities contribute and share resources.

How can leaders harness the power of these open innovation ecosystems around the globe or in a specific region of interest for their organizations? Based on MIT's research into the science of innovation ecosystems, the Accelerating Corporate Innovation - The Competitive Advantage of Ecosystem Engagement course offered by Massachusetts Institute of Technology (MIT) equips executives and government leaders with the high-level frameworks and tools necessary to understand corporate innovation and entrepreneurship in the ecosystems around them, shift to a more effective ecosystem-based open innovation approach, and design programs to engage effectively with external stakeholders.