Accelerating Corporate Innovation: The Competitive Advantage of Ecosystem Engagement

Accelerating Corporate Innovation: The Competitive Advantage of Ecosystem Engagement

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Tracks

Strategy and Innovation

Certificate Credits

2.0 EEUs

Topics

- Entrepreneurship

- Global Economics & Markets

- Strategy & Innovation

Course Highlights

  • Demonstrates how to leverage key stakeholders within innovation ecosystems
  • Explains how best to engage in ecosystems via hackathons, accelerators, venture competitions, etc.
  • Expands organizational practices to break down internal silos and the “fortress mentality” and shift toward a more open innovation ecosystem approach
  • Confers a certificate of course completion from the MIT Sloan School of Management

 

Featured Content

 

Why attend Accelerating Corporate Innovation?

Innovation is a driver of productivity, competitive advantage, and enterprise value. But it does not happen in a vacuum. Corporate innovation requires connections among key stakeholders such as, entrepreneurs, universities, risk capital providers, government, and large corporations. These connections are increasingly taking place in “innovation ecosystems” and through programs such as accelerators, hackathons, prize competitions, and co-working spaces in which stakeholders and communities contribute and share resources.

How can leaders harness the power of these open innovation ecosystems around the globe or in a specific region of interest for their organizations? Based on MIT's research into the science of innovation ecosystems, this course equips executives and government leaders with the high-level frameworks and tools necessary to understand corporate innovation and entrepreneurship in the ecosystems around them, shift to a more effective ecosystem-based open innovation approach, and design programs to engage effectively with external stakeholders.

We do not recommend this course if you have already completed Corporate Innovation: Strategies for Leveraging Ecosystems unless you are seeking a refresher of the content.

Course Experience

Learn more about the live online experience

Learn more about the in-person experience

Applying to the Course

We accept enrollments until the offering reaches capacity at which point, we will maintain a waitlist. Many of the courses fill up several weeks in advance, so we advise that you enroll as early as possible to secure your seat.

You can begin the application process by using the red 'Enroll Now' bar at the bottom of the screen.

Health and Safety

See our on campus healthy and safety policies.

Have Questions?

Contact us if you would like to speak with a program director or visit our Frequently Asked Questions page for answers to common questions about our courses.

We do not recommend this course if you have already completed Corporate Innovation, unless you are seeking a refresher of the content.

Upon successful completion of your course, you will earn a certificate of completion from the MIT Sloan School of Management. This course may also count toward MIT Sloan Executive Certificate requirements.

 

Drawing on recent MIT research, this highly practical course helps leaders:

  • Understand why corporate innovation is a challenge in their organizational system
  • Assess and identify innovation hub(s) a.k.a. ecosystems with which to engage (e.g., Boston, Israel, London, Berlin)
  • Identify what their organization wants from the ecosystem and what they can give back to it, with metrics that can track such changes
  • Understand who in terms of innovation ecosystem stakeholders to engage with in the ecosystem

 

Hear from a past participant:

Course testimonial from past participant Matthew P.

Sample Schedule—Subject to Change

This course is designed for executives in both public and private sectors, ranging from senior managers and corporate entrepreneurs to C-suite executives and future leaders.

The program will also be of value to entrepreneurs, regional development officers, investors, and government policymakers.

Participants must be interested in encouraging corporate innovation in their organizations or regions, especially through leveraging innovation ecosystems. Participants from both developed and emerging markets are encouraged to attend.

We do not recommend this program to past participants of Corporate Innovation: Strategies for Leveraging Ecosystems (self-paced online) unless you are looking for a refresher.

 

Hear from a past participant:

Course testimonial from past participant Toro T.

Tracks

Strategy and Innovation

Certificate Credits

2.0 EEUs

Topics

- Entrepreneurship

- Global Economics & Markets

- Strategy & Innovation

Enroll Now!

$4,500