The successful exploitation of new ideas is crucial to a business being able to improve its processes, bring new and improved products and services to market. This course will build on these sentiments to identify the innovation in entrepreneurship to increase its efficiency and, most importantly, improve its profitability which is designed to explain the innovation process into 3 parts innovation vs invention then talking about commercialisation phase which includes the problem solution and opportunity analysis with business planning and business modelling concepts and the last part of diffusion of the innovation.The concepts here are explained with the help of practical case studies and discussions. The participants will learn the following:
- Power Distance Index
- Individualism vs. Collectivism
- Uncertainty Avoidance
- Masculinity vs. Femininity
- Long-term Orientation vs. Short-term Orientation
- Indulgence vs. Restraint
Participants Profile: Participants working in the healthcare sector and looking to understand the business side of health care innovation or those who plan on entering healthcare from the startups side would find this course helpful.
