Describes Lake Nona, a 7,000-acre residential and research bunch in central Florida Institute, its procedure and innovation culture, and Lake Nona, and organization behind the preparation and governance of this new eco friendly community. Emphasis is put on the institutional collaboration and governance decisions behind Lake Nona's "Medical City" component. Five years of successive development since commencement, the website boasts a research cluster that has succeeded in attracting residential interest and scientific ability, and has put in place a collaborative governance structure intended to support innovation, trust-building and communication. When the president of the Institute is asked to determine who the next tenant in Medical City should be, he considers what sort of procedure would permit them to grow going forward. Focuses on: 1) the nature of collaboration in the development of new enterprises; 2) the managerial challenges of mediation between hierarchical organization processes and consensus-driven construction; 3) the product development process of a developer in a nascent business.
PUBLICATION DATE: October 18, 2012 PRODUCT #: 613022-PDF-ENG
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS
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