Technology is drastically, and at an amazing pace, transforming the way to effectively develop new business opportunities.

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Stephen Hoover is CEO of PARC, a Xerox company that works with Fortune Global 500 and medium-sized companies, startups, and government agencies and partners to invent, co-develop, and deliver new business opportunities.

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"The achievements of Wrightbus show that companies can achieve growth by diversifying markets, focusing on new product development and by forming strategic partnerships that enable them quickly to access business opportunities as they develop abroad, " Mrs Foster added.

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What will move China in this direction is a Schumpeterian regime of creative destruction that will let the country have its own Steve Jobs, Bill Gates, and Mark Zuckerberg, who will discover and exploit new business opportunities, and develop new business enterprises where people work smarter not harder.

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In Kenya, AMI is helping media houses develop strategies to take advantage of new business opportunities made possible by data-driven journalism.

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When it comes to business opportunities, improving network relations where opportunities may lie is the basis for business trust to develop a thing from concept into a product or service.

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Business angels have started to organise themselves into groups that can go out and develop contacts who will steer promising opportunities in their direction.

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By creating opportunities for future business leaders to engage civil society, the Initiative gives our students a chance to develop critical new skills while also understanding the role of private-public partnerships.

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