“Competitiveness is of growing interest in diverse groups: politicians try to improve it, lawmakers debate over it, editors publish on it, consultants make a living out of implanting it, and economists try to explain it and measure it.” This phrase is undoubtedly the basis to think about and to clarify the importance of competitiveness in daily life. It is clear that behind it lies a subtle but not less important need to understand this concept, because in one way or another we are all involved in these courses.

Acquiring and integrating knowledge from geographically dispersed locations, companies can generate more innovation, more value and lower cost. However, the relationship between diversity and geographical knowledge is important, but not always immediately obvious. Therefore, finding new niches of knowledge of value in order to foster innovation is similar to prospecting for gold. Moreover, the entrepreneur plays a major role in the development of a region or country.

“Competitiveness is of growing interest in diverse groups: politicians try to improve it, lawmakers debate over it, editors publish on it, consultants make a living out of implanting it, and economists try to explain it and measure it.” This phrase is undoubtedly the basis to think about and to clarify the importance of competitiveness in daily life. It is clear that behind it lies a subtle but not less important need to understand this concept, because in one way or another we are all involved in these courses.

Acquiring and integrating knowledge from geographically dispersed locations, companies can generate more innovation, more value and lower cost. However, the relationship between diversity and geographical knowledge is important, but not always immediately obvious. Therefore, finding new niches of knowledge of value in order to foster innovation is similar to prospecting for gold. Moreover, the entrepreneur plays a major role in the development of a region or country.