Disruptive Innovation & Defence Industry

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Presentation transcript:

Disruptive Innovation & Defence Industry Shuktij Singh Rao

Contents Disruptive Innovation The Business of Defence Disruptive Innovation in Defence Industry Extent of impact on other industries Factors that impact Disruptive Innovation The state as an entrepreneur The case of Indian defence Industry

Disruptive Innovation Beyond routine instances of innovation Beyond innovations in product, process & service. Industry changing phenomenon Disruptive Innovation needs leaders with special skills Needs tinkering with business models, value propositions, sales models etc

The Business of defence Different from conventional businesses Heavily regulated Stiff entry barriers Users and Buyers are separate entities At the forefront of innovation Largest investments in Disruptive R&D Globally defence companies are adopting disruptive technologies.

Disruptive Innovation in Defence Disruptive Innovation is one of the major key strategic themes in defence industry In Defence industry, disruption is sought in military supremacy unlike other industries where only commercial success measures disruptive innovation. Highly expensive, sophisticated and commercially unfit innovations create disruptions in military supremacy.

Disruptive Tech in Defence IoT enables predictive analytics which is changing the monitoring & mmaintenance of military equipment Cloud enables data rich interactions between customers & development teams 3D printing in prototyping military technology Augmented Reality & Virtual reality Every emerging disruptive technology in use

How The US Military Is Responsible For Almost All The Technology In Your iPhone This Chart Shows How The US Military Is Responsible For Almost All The Technology In Your iPhone Nearly all of the technology in many of the world's most ubiquitous electronic devices can be traced to a single, taxpayer-funded source: the US Department of Defense. In an article promoted by the European Commission today, Italian economist Mariana Mazzucato wrote that sparking the world's economies after a long recession will require greater and riskier investment from government. She used Apple's wildly popular handheld devices as a present-day example. The world's biggest company may have more cash on hand than many actual governments. But the technological breakthroughs behind its iconic iPods, iPhones, and iPads were funded almost exclusively by government agencies - and by one particular segment of one particular country's government. As the chart below demonstrates, there's little in these devices that doesn't owe its existence to the US Department of Defense in some form or another Later devices saw investments from the Navy for their GPS capabilities, and the Defense Advanced Research Projects Agency (DARPA) funded Siri. In fact, the parent company of Siri's creator, which was acquired by Apple in 2010, still gets over half of its revenue from the Department of Defense, according to a report they published earlier this year. Highlighting an idea from her recent book on the relationship between the private and public sectors, Mazzucato explains that achieving missions like putting a man on the moon required "a confident 'entrepreneurial state' willing and able to take on the early, capital-intensive high risk areas which the private sector tends to fear." The US military was often the one taking "capital-intensive risks" that resulted in Apple's line of products. And the result is a family of devices so widely used that it's difficult to imagine the world without them. Mazzucato, M.(2013) The Entrepreneurial State: Debunking the Public vs. Private Sector Myths. London: Anthem Shuktij Singh Rao 12fpm05

Factors that impact Disruptive Innovation in Industry Speed of change Non Market Forces Competitive rivalries Strategic choices

The state as Entrepreneur Defence business is most often Government to government (G2G) Almost all examples of disruptive innovation in defence are fuelled by intense government-industry-academia interactions Defence Industrial base (DIB)

The case of Indian Defence Industry Flat growth across the globe is in contrast with strong YoY growth of defence expenditure in India. High potential of supply chain value addition by ‘Make in India’. Large DIB Crucible of Innovation?

Thanks a lot!