INNOVATION FOR TRANSFORMATION

Present into the Future

The Global Competitive Index (GCI)

The Global Competitiveness Index (GCI) is a key component of the Global Competitiveness Report (GCR), which is a comprehensive assessment of countries’ economic competitiveness. This is an annual report produced by the Global Competitiveness Network (GCN) of the World Economic Forum (WEF). The GCI is comprised of approximately 110 variables, which are further grouped into 12 pillars of competitiveness. These pillars are further

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ENTREPRENEURSHIP & NEW BUSINESS CREATION

According to Norman M. Scarborough (2010), an “entrepreneur” is one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and assembling the necessary resources to capitalise on them. While many individuals may come up with remarkable business ideas, the majority of them do not act on these ideas.

 

HUMAN CAPITAL DEVELOPMENT

To sustain competitiveness in the organization, human capital becomes an instrument used to increase productivity. Human capital refers to processes that relate to training, education and other professional initiatives to increase the levels of knowledge, skills, abilities, values, and social assets of an employee which will lead to the employee’s satisfaction and performance, and eventually firm performance.

 

 

INNOVATIVE SOCIETY BUILDING AWARENESS

Innovation is about helping organizations grow. Although growth is frequently measured in terms of turnover and profit, it can also occur in knowledge, human experience, and in efficiency and quality. Innovation is the process of making changes, large and small, radical and incremental, to products, processes, and services that results in the introduction of something new for the organization that adds value to customers and contributes to the

PATENTS & INTELLECTUAL PROPERTY

Intellectual Property (IP) consists of the expressed creations of the mind. Intellectual Property Rights (IPRs) apply to some of those expressed intellectual creations as rights to control the use of creations or expressed knowledge, therefore IPRs are a form of intangible property. Like tangible property, IP can be bought, sold and transferred from one person to another just like any other form of property. IPRs are

I2I COMPETITION

Latest Publications

Budget Statement 2013
29 Jan 2013
Council for Competitiveness and Innovation
Ministry of Planning & Sustainable Development
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