Business Development: Analysis of Innovation Posters (India & USA)

This report provides an analysis of two innovation posters, one focusing on India and the other on the United States. The Indian poster highlights the country's innovative structure, emphasizing the role of various industries, including IT, finance, and education, in driving innovation. It also points out the importance of a strong research and development environment, facilitated by high internet usage and a robust education system. The U.S. poster examines the country's innovation system through the lens of innovation policy, business environment, and regulatory environment. It discusses the influence of labor laws, education policies, and the country's market size on fostering innovation. The report delves into the role of government regulations and policies in promoting a competitive and innovative business environment in both countries, offering a comparative perspective on their respective approaches to business development and technological advancement.

POSTERS REVIEWS AND ANALYSIS 1
POSTERS REVIEWS AND ANALYSIS
by Student’s Name
Code + Course Name
Professor’s Name
University Name
City, State
Date

POSTERS REVIEWS AND ANALYSIS 2
The Indian poster Analysis

POSTERS REVIEWS AND ANALYSIS 3
The Indian poster highlights the innovation structure of India as a country. The
innovative structure of India comprises of the different industries in the country’s
economy. They include oil and gas, Information Technology, Defense, and research. The
country’s innovative structure also involves sectors such as Science which encompasses
of different growth drivers that the country has. The finance is also a significant
contributor to the country’s innovativeness. This is through availing funds for research
and development, the creation of a sound economy that will provide a ready market for
the different inventions. This is facilitated by the education system which has more than
1.5 million schools, 751 universities and is known to be the second largest market for e-
learning. This is because the country has the third highest number of internet users. With
this, the rates of research in the country is shown to be high as the majority of the
countrymen rely on the internet to do research and development projects which later turn
into inventions.

POSTERS REVIEWS AND ANALYSIS 4
The United States, poster

POSTERS REVIEWS AND ANALYSIS 5
The poster depicts the United States national innovation system basing on three main areas of the
country. The poster groups the innovation system into the innovation policy environment,
business environment, and regulatory environment.
Innovation policy environment.
This section comprises of all the matters to do with the various researches and technological
inventions that take place in different institutions. The policies that are involved in this section
are mainly based on two fundamental factors.
That is the labor laws which affect the workers and the education. Based on the labor laws the
United States government has put in place adequate strategies to enable them to work with
different companies in the private sector. These labor laws have been brought about by the need
for the government to ensure workers have safe working environments.
The education policies adopted by the state are one of the major contributing factors of the
increase in innovation rates globally. The United States government has implemented the free
public education policy, federal and state workforce development resources and vocational
training programs which can comfortably cater for this. It is through this that the country has had
so many innovative people. The evidence of this is the fact that seven of the top ten universities
are in the country. It is through this quality system of knowledge that universities invest in
research and development which leads to innovation.
The business environment.
The poster highlights that the improved business environment in the country is an excellent
reason as to why there is so much innovation in the country. The fact that the country is the

POSTERS REVIEWS AND ANALYSIS 6
world’s largest market makes innovators come up with different potential ideas to satisfy their
needs. The highlights have been done through researches done by both government and people.
The poster states that with this, the and the abundant resources present, the country will have a
robust, innovative system.
Regulatory policy
The poster states that the government regulates the environment to allow for an equal playing
field. With this, the government is also able to control opportunities that it gets in the global
market.