Clusters & Innovation Systems in Industrial Development

Course Code:

TID 7106

Course Credit Units:

Semester:

Semester 1

Year of Study:

Year 1

Undergraduate or Graduate Level:

Graduate Level

College:

College of Engineering, Design, Art and Technology

School:

School of Engineering

Department:

Mechanical Engineering

Course Discipline:

Mathematics.

Course Description & Objectives:

Clusters are a prominent feature on the landscape of every advanced economy, and cluster formation is an essential ingredient of economic development. Clusters offer a new way to think about economies and economic development; new roles for business, government and institutions; and new ways to structure the business-government or business-institution relationship. Dozens of cluster initiatives have sprung up in many parts of the world, and this course outlines some of the learning gleaned from both advanced and developing economies.

Learning Outcomes:

By the end of this course the student should be able;

To learn that increasing levels of specialization, ongoing technological development and growing number of links between technologies have led to greater importance for inter-organizational collaboration in the creation and realization of innovations.
To deepen their knowledge, insights and skills with regard to design and governance of clusters, chain and innovation networks to improve competitiveness.

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