Why Innovation Ecosystems are Important in the Global Economy
Wednesday, May 18, 2016 6-7pm
Economic globalization has triggered unprecedented changes in the way industries, firms, and individuals cooperate and compete in today’s economy. This geographical distribution of economic activities has had a significant impact on innovation and design development. In the seminar, Professor Breznitz and Dr. Buciuni of the Innovation Policy Lab (Munk School of Global Affairs, University of Toronto), explained why despite the global fragmentation of economic activities, innovation ecosystems remain a fundamental asset for the competitiveness of firms and industries of advanced economies. Professor Breznitz clarified the key role played by the P3s in innovation development, while Dr. Buciuni focused on how successful firms leverage innovation ecosystems to constantly deliver new products and design.