The Hong Kong University of Science and Technology
Protecting Business Innovations via Strategy
The Hong Kong University of Science and Technology

Protecting Business Innovations via Strategy

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Gain insight into a topic and learn the fundamentals.
4.8

(78 reviews)

Beginner level
No prior experience required
Flexible schedule
Approx. 11 hours
Learn at your own pace
Build toward a degree
Gain insight into a topic and learn the fundamentals.
4.8

(78 reviews)

Beginner level
No prior experience required
Flexible schedule
Approx. 11 hours
Learn at your own pace
Build toward a degree

Details to know

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Assessments

4 assignments

Taught in English

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This course is part of the Protecting Business Innovation Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 4 modules in this course

How could we use a variety of resources within a business to create a virtual fortress to prevent other firms from copying our innovations. Using a combination of case examples and lectures, we will examine the role of economies of scale, network externalities, access to customers, access to raw materials or other resources and unique knowledge to create competitive barriers.

What's included

9 videos2 readings1 assignment2 discussion prompts

Small firms that lack resources of giants can create barriers by being faster and more flexible. Some large firms (i.e. Google & Amazon) also seek to use rapid innovation and change to create sustainable barriers to being copied.

What's included

9 videos1 assignment2 discussion prompts

Strategy for online global business is different from that of traditional businesses. The combination of overlapping and conflicting regulations and laws and inability to enforce laws against small companies (e.g. mice) makes the world of e-commerce especially challenging for large global enterprises (e.g. elephants). Assumptions about contracts and commitments may also be invalid in some global e-commerce contexts.

What's included

6 videos2 readings1 assignment1 discussion prompt

An important opportunity for companies to maximize shareholder value and gain competitive advantage is creative pricing. By thinking differently about price vs cost/value, some firms have been able to dramatically increase revenues and profitability for products with strong market acceptance. Changing the rules can also apply to strategic acquisitions or industry restructuring through innovation to create competitive advantage and barriers to copying innovations.

What's included

8 videos4 readings1 assignment1 peer review

Instructor

Instructor ratings
4.6 (14 ratings)
 Theodore Henry King CLARK
The Hong Kong University of Science and Technology
10 Courses78,442 learners

Offered by

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4.8

78 reviews

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MM
5

Reviewed on Jun 18, 2020

CM
5

Reviewed on Dec 1, 2021

MS
4

Reviewed on Jun 4, 2021

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