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Why innovation and globalization?
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Council on Competitiveness
Innovation will be the single most important factor in
determining America’s success through the 21st century
America’s Role
The legacy America bequeaths to its children will depend on the creativity and commitment of our nation to lead a new era of
prosperity at home and abroad.
America’s Challenge
America’s challenge is to unleash its innovation capacity to drive productivity, standard of living and leadership in global
markets. At a time when macro-economic forces and financial constraints make innovation-driven growth a more urgent imperative than
ever before, American businesses, government, workers and universities face an unprecedented acceleration of global change,
relentless pressures for short-term results, and fierce competition from countries that seek an innovation-driven future for
themselves.
America’s Task
For the past 25 years, we have optimized our organizations for efficiency and quality. Over the next quarter century, we must
optimize our entire society for innovation.
- Innovate America, Council on Competitiveness,
National Innovation
Initiative Summit and Report, 2005.
The National Academies,
United States of America
This nation must prepare with great urgency to preserve its strategic and
economic security. Because other nations have, and probably will continue to
have the competitive advantage of low-wage structure, the United States must
compete by optimizing its knowledge-based resources, particularly in science and
technology, and by sustaining the most fertile environment for new and
revitalized industries and well-paying jobs they bring.
- Rising Above the Gathering Storm: Energizing and Employing America for a Brighter
Future, The National Academies Press, 2006
The Atlas of Ideas, United Kingdom
We used to know where new ideas would come from: established universities and corporate research centres in highly developed
countries. While production was dispersed among global networks of suppliers, it was assumed that more knowledge-intensive tasks
would stay at home.
All that is changing fast. As globalization moves up a gear, ideas are emerging in unexpected places and flowing around the
world as easily as money and commodities, carried by a mobile diaspora of
knowledge workers.
- The Atlas of Ideas, DEMOS, U.K.
(A study of science
and innovation in China, India, and South Korea)
“The case we are making very strongly is that there are a lot of opportunities out there. If the UK can get the right mix of
policy and incentives right to encourage our best scientists to collaborate with these countries [China, India, and South Korea],
that would be the greater good of everyone. Britain needs to act now to ready itself for a world where innovation was not dominated
by Europe and US – or face being left behind.”
- James Wilsdon, Head of Science and Innovation, DEMOS,
The Atlas of Ideas, January 17, 2007
The Innovation and Globalization Conference
Globalization and technological change, and the recognition that intellect and talent are
widely distributed around the world, are forcing organizations to rethink their innovation
models. Over 20 senior executives and top scholars from the innovation, technology, and
globalization domains will explore and discuss the following issues at the Mid-Atlantic’s
premier innovation conference:
- The roles of the federal government, industry, and universities in
innovation
- Innovation, competitiveness, and globalization
- Open innovation models and global innovation networks
- Corporate venture capital and innovation
- Innovation in government
- Innovation and economic development
- Meeting the challenge of innovation
Special Features
- Fresh perspectives … new insights – listen to and interact with over 20 thought leaders
from the innovation, technology, and globalization domains
- Theater: Attend a play at the Clarice Smith Performing Arts Center, University of
Maryland, on November 8 evening:
The Physicists
by Friedrich Dürrenmatt
Written at the height of the Cold War, when
scientific innovation was viewed largely as
suspect and potentially dangerous, Dürrenmatt weaves a murder mystery with bizarre humor
and wacky situations to question whether man can be trusted with destructive knowledge.
The Physicists asks the question: "Is science ultimately responsible to humanity?"
- CIO Forum (November 9: 2:00 -
4:00 p.m.): Attend a part of the 8th Annual CIO Forum at
the Smith School on Day 2 (November 9) after the conclusion of the Innovation and
Globalization conference – at no extra charge.
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International
Career Networking Event (November 9:
2:30 - 4:30 p.m.): Visiting companies will have
the opportunity to meet Smith School students interested in
more information about
international
internships and full-time jobs after graduation – in the United States and abroad.
Participating students are international students looking for opportunities in their home
countries as well as American students interested in working abroad. Companies – bring your
recruiting team for this event.
Target Audience
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Middle and senior level executives from business, industry, government, consulting, and economic development and other
non-profit organizations
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Investors, including executives from corporate venture capital firms
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University professors and researchers; graduate students
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Policymakers
Co-Chairs
Dr. Vinod K. Jain
Director, Center for International Business Education and Research
Robert H. Smith School of Business
Dr. P.K. Kannan
Harvey Sanders Associate Professor of Marketing
Director, Center for Excellence in Service
Robert H. Smith School of Busines
Register Now
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