22 September 2019 - 20:22Applications for the 2020 intake of the Master of Management in Innovation Studies at Wits Business School are now open. Picture: SUPPLIED/WBSA’s long-term development. This is also at the heart of the National Development Plan , which states: “Quality education encourages technology shifts and innovation that are necessary to solve present-day challenges.”
“Finding solutions to issues such as water, sanitation, health care, etc, lead to building the kind of competencies that can allow a country to compete on an international scale.”an interdependent system involving government agencies, firms, tertiary and research institutions, financial institutions and regulatory organisations, among others; a means for firms to boost their global competitiveness.
“Having said that, the innovation strategy is primarily located in the department of science and technology, but it should, I believe, have a much wider reach within other government departments and sectors of the economy to have a greater impact on areas such as trade and industry, energy and water.”
The innovation studies master's course at WBS is an active research and teaching programme that recognises long-term economic growth as being driven by technological change, but also that technology-based innovation needs appropriate business models and organisational strategies to have the desired kind of sustained impact on the economy and society.
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