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Since many existing business practices inhibit innovation, new organizational designs and managerial approaches must emerge to meet today's new challenges. Professor Raymond Miles describes how self-managed projects among firms can generate innovation and market placement.
Program Highlights
- How self-managed projects among firms can generate innovation and market placement.
- How to recruit new firms and teach collaborative protocols and skills.
- How collaborative firms create first and calculate later, while competing firms calculate first and create less.
The United States and other advanced nations must learn to live by their wits in the global economy of the 21st century. Since many existing business practices inhibit innovation, new organizational designs and managerial approaches must emerge to meet today's new challenges. Professor Miles describes one such model: the establishment of communities of networked firms that can leverage their knowledge base and their entrepreneurial know-how to create economic wealth through collaborative innovation.
Duration: 37 Minutes (2006)
