Innovation opportunities @ MITWS

Innovation opportunities

MITWS can be a wonderful place which supporting innovation idea. Innovative search is a process based on knowledge search, generation, integration and synthesis. There are many types of knowledge and transfer and use of it from external sources may help in expanding firms’ knowledge bases, providing access to new ideas that promote the generation of new products and technology, and affecting the firms’ ability to earn economic rents . Of relevance then are product and service ideas, new ways of using them, new unexplored applications, supported by the analysis of emerging trends and changing scenarios. How do organizations come up with new ideas? And how do they use those ideas to create successful new products, services, businesses, and solutions? It is little wonder that so many good ideas never even come to the attention of management. Or that so many die short of development–and miles from commercial success.

In this center, we are trying to develop a two way communicative dynamic system. this can be an open space where multidimensional approach play an important role. Every single step is thoroughly analyse and detect all the possible loop holes in the system, and we will continuously growing and upgrade the facilities, expand our horizons, join hands with many people, involvement of  people from the various subject domains. A environment of trust on the capabilities of our students and aspiring innovators. It is possible that some facilities are lacking but we are following the process continuous improvement and managing of all  resources which needed for supporting new business models and technological systems.