2017 December 11
The course entitled Microeconomics of Competitiveness (MOC), taught by Harvard University and organised in recent years by Orkestra on the Deusto Business School Master's degree in Competitiveness and Innovation (MUCI) is to be congratulated. A group of students on the 2016 course won second prize for their work. This online course is taught at over 100 universities across the world. “High-Tech supply chain of electronic components and subsystem cluster’s value chain” is the title of the prize-winning entry which, as its name indicates, studies the value chain of clusters supplying high-tech electronic components and subystems.
“The work is complex and sophisticated", remarked Mikel Navarro, MOC coordinator. He highlighted the team's ability for detailed analysis and making the key components of the value chain and the challenges they raise easily understandable.
Mercedes Oleaga, researcher at Orkestra; Iñaki Ganzarain, project manager at Innobasque; and Javier Ruiz and Carla Cordova, students on the MUCI programme, are members of the winning team. They commented that the work was hard and full of ups and downs, but that the result was extremely rewarding.
How do you feel about receiving this award from Harvard?
It has been a great honour. It recognises our hard work and that we have done our best. Orkestra’s decision to submit our work to the competition was exceptionally good news, but having been awarded this prize in an international contest, competing against groups from other universities over the world has been a unique experience. We would like to congratulate all the teams who took part and particularly the other winners.
Based on your work and experience, what does it take to make a MOC project shine at a university like Harvard?
We think the main ingredient was hard work, and using everything we had learned during the MOC course. Furthermore, having a professional background was a key factor. This enabled us to use complete rigorous analyses as our starting point to draw conclusions. It was also important to realise that the analysis was not the end in itself, but the means to reach conclusions that would help decision-making. These conclusions also have to be developed and based on solid evidence. Furthermore, we had to comply with Harvard’s expectations; focusing on what really contributes value to the firm being studied. On the other hand, we chose the right cluster, which enabled us to know and analyse an extremely innovation-intense location that managed to turn around a very negative situation, thanks to innovation.