The realities of the modern business environment, which have developed in the conditions of the intellectualization of the world economy, require a revision of the classic ideas of management regarding the rules of conducting business, competition, and markets. Check Intel foundation funding – investing in education and innovation in the article below.
Implementation results – Intel learning for the future
In the traditional economy, the growth of countries was determined by their natural resources and the level of industrial production. Intellect, knowledge, and new ideas have become the driving forces of the modern economy. Being embodied in innovations, they create additional value for consumers, generate additional income for companies, and change the economy and the standard of living of the society.
Information and communication technologies are the main basis for the transformation of education, providing it with the tools necessary to improve teaching methods, as well as supporting an educational environment focused on the needs of the student. An effective e-learning environment is created through the use of powerful PCs, appropriate educational software, broadband Internet access, and infrastructure with powerful servers.
Intel Capital is the global investment fund of Intel Corporation. Funds innovative companies and start-ups around the world. The Intel Capital program, launched by Intel Corporation in the early 1990s, initially investing in the development of computer and semiconductor technologies, is now spreading to a number of industries. Funds under the Intel Capital program are invested in companies operating in the hardware, software, and services industries in several market segments.
The importance of investing in education and innovation at Intel
One of the main types of investment in Intel is education. After all, in the conditions of intellectual and technical re-equipment of production today, the level of knowledge is of great importance. Education is the component of social life that determines the level of intellectualization of all its spheres, the ability to perceive, develop and apply the latest technologies and humanitarian ideas, principles, and norms of legal relations in the state. Education is the most important factor in the development of a knowledge-based economy.
The economy of any country directly depends on the state of the labor market since one of the main factors of economic growth is always the availability of human resources, which at a high professional and intellectual level, will solve the tasks of a production nature set before them. Using information and communications technology in Intel, the best foundation grands develop solutions that are in line with Intel’s long-term goals. They are to develop innovative solutions that can reshape the ecosystem of traditional vertical markets.
Intel’s International Grants offer support in:
Intel Capital – Intel’s investment fund – invests in the development of the Internet economy in order to support the strategic interests of the corporation, in hardware and software manufacturers, as well as service providers related to various market segments.
Intel can integrate several of its versatile machines into production and manage them from a single central panel. The company charges customers for a connected machine using the SaaS (software on demand) model. The establishment of high standards of education is inextricably linked with the desire for the educational industry to provide fundamentally different approaches to assessment, which will determine not only the level of knowledge but also the level of skill formation in each direction in students.