Discuss the challenges encountered in encouraging innovation


Homework: Profiles of Emerging Innovative Leaders

As emerging economies have continued to focus on promoting innovation and entrepreneurship, a number have begun to see success and sustainable gains. And while there are consistent themes, there are a number of different approaches that have worked in various country contexts. Your homework is to choose two emerging economy countries that have begun to emerge as innovation leaders and develop profiles on those countries and their strategies. You should first define the criteria by which you are judging them to be a success and discuss their performance against those criteria. In this discussion, you should also note why innovation and entrepreneurship is important to these emerging economies. You should next develop a profile of each country that includes the following elements:

i. Basic information about the country to include location, population, resource base, very brief overview of relevant history, and current positioning in the global economy

ii. Explanation of the strategies taken to promote innovation / entrepreneurship

iii. Results to date of those strategies

iv. Challenges encountered in encouraging innovation and entrepreneurship and how those have been overcome (if they have)

v. Implications for other emerging economy countries (are there techniques that can/should be replicated?)

Format your homework according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Business Management: Discuss the challenges encountered in encouraging innovation
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