The MIT Definition of Innovation | MIT Sloan

Today, innovation is less of a choice, and more of an imperative. However, innovation has become a buzzword, and is often used without a sound understanding of this important phenomenon. In this video, Fiona Murray and Phil Budden, the two Faculty Directors in the Corporate Innovation: Strategies for Leveraging Ecosystems online short course from the MIT Sloan School of Management, unpack MIT’s definition of innovation.

At MIT, innovation is seen as a process whereby an idea is taken from inception to impact. This broad conception of innovation allows for researchers and practitioners to go beyond mere technology and work towards changes that benefit society in many different ways.

This course explores MIT’s research on the science of innovation ecosystems, offering you the tools and frameworks necessary to foster a culture of innovation and entrepreneurship in your organization. Learn to engage with stakeholders to overcome barriers to innovation and mobilize opportunities for change.

Six weeks, entirely online.

View course:

Learn more on the science of innovation with MIT Sloan:

_____

GetSmarter™, a 2U, Inc. brand, helps working professionals gain verifiable skills from leading global universities to thrive in an ever-changing work environment.

[bogdanbogdanovic]

So good, you've reached the perfection and integrated zeitgeist by replacing value with impact, single event with process, and individual discovery with engaging and taking many stakeholders. So true, definition.