Commercializing Innovation: Global Best Practice
"Innovation is the central issue in economic prosperity." -- Michael Porter, Harvard Business School professor
The 21st century is characterized by change at the speed of light. Innovation is sometimes described as the ability to see change as an opportunity and not a threat. It would not be an exaggeration to say that the future of mankind depends on our ability to innovate. Innovation, however, is not simply coming up with an idea. The real key to innovation in a market economy is how to commercialize a good idea successfully.
The MIPLC is pleased to be a coorganizer of this conference at Hongik University. The conference aimed to review global best practice in commercializing innovation, from the diverse perspectives of policymakers, business and universities, and to examine Korea's current status in this global competition to innovate.
Speakers included scholars and practitioners of world-renown in this area such as Prof. Alan Paau (Cornell University, USA), Prof. Alexander Wurzer (CEIPI, France), MIPLC Program Director Seth Ericsson, Prof. Jinzo Fujino (Tokyo University of Science), Dr. Haibo Liu (Chinese Academy of Sciences), and Dr. Shim Youngtaek (Seoul National University), as well as high-level policymakers and industry leaders from Korea.