US Innovation Advantage [WLO: 4] [CLOs: 1, 2]
Some academics and business leaders have started to believe that the innovation advantage the United States has traditionally enjoyed has begun to erode. They cite the intense focus on developing innovation in emerging economies and in established economies in Asia, Eastern Europe, and Latin America, as well as the continued erosion of factors such as educational attainment in the United States. Others argue that the United States has a cultural advantage over many of these countries that drives innovation and will help the United States sustain this advantage for many years to come. Discuss your view on whether or not the United States is beginning to lose its innovation advantage and cite the evidence on which you base your view, with examples of organizations that have lost their advantage. Also, consider those who pivoted and remained relevant and maintained their innovative edge.
Emerging Economies and Innovation [WLOs: 1, 3] [CLOs: 1, 2]
Business Assignment Help Encouraging innovation and entrepreneurship is at the heart of the economic development strategies of many emerging economies. Discuss why this is such an important tactic for emerging economies and how the evolution of these economies in terms of innovation and entrepreneurship could threaten more established economies. Be sure to provide case studies and research with examples to support the position taken and which shows the importance of a sustainable business that is innovative and emerging. Also, include examples in which an established economy was threatened by the emergence of another economy and why this was significant.
meeting of the Board of Directors, the Chairwoman of the Board calls you into her office. She offers you a cup of coffee and is impressed with the information that you presented in the meeting and your understanding of new ventures. She says: “We’re ready to invest in a new generation of business leaders. There is so much talent arising from business schools, and the passion for entrepreneurism, innovation, and business excellence helps to build a strong economy. I’d like you to work with a multicultural team of entrepreneurs to develop a global small business. You will need to prepare an executive business plan overview for the global small business for the Board of Directors, a brand logo, and a prospective commercial that could be used to advertise the global small business’s product or service. If the global small business idea is successful, the Board of Directors may approve startup funding of up to $1 million.”
Using the resources in the CTU Library, research entrepreneurism and small businesses, and create an executive business plan using this template that includes the following: Company Information: The name and background of your global small business including founders, history, current number of employees, and location. Mission Statement: The purpose of your global small business. Product or Service: A description of the products or services that your global small business will offer. Company Logo: An original creative graphic that identifies your company or brand. Market: The market for your global small business, including regions served and competitors. Advertising: Prepare a description of an original, creative commercial for the products or services offered; Include what advertising medium you would use (Social Media, TV, Radio, for example) and include the identified target audience Financials: The projected operational financial needs for your organization and the potential investments needed. Growth Potential: The projected financial and market growth of the company for the next 5 years. Provide a reference list of up to 3 resources at the end of your project of the resources you have found in the CTU Library, and include in-text citations for the articles in APA format.