TEL AVIV UNIVERSITY Asia – The Great Unknown: Testbed for Global Business Innovation The Israel Business Conference 2006 Gadi Ariav Tel Aviv University and Samuel Neaman Institute
2 outline the foreground: “unknown” – the Asian role in the innovation economy global innovation – arbitrage over a network of clusters the session today: the big picture key issue I: human resources and work key issue II: Intellectual Property Rights “things you don’t see from afar” panel / discussion
3 one world thoughts Regional Advantage Annalee Saxenian (1994) Clusters of Creativity Rob Koep (2002) The World is Flat Thomas Friedman (2005, 2006) From global to metanational Ives Doz, Jose Santos and Peter Williamson (2001) Creating Regional Wealth in the Innovation Economy Jeff Saperstein and Daniel Rouach (2002)
4 economic innovation (Schumpeter, 1934): 1.the introduction of a new goods or of a new quality of a goods 2.the introduction of a new method of production 3.the opening of a new market 4.the conquest of a new source of supply of raw materials or half- manufactured goods 5.the carrying out of a new organization, of new industrial structure
5 innovation clusters the ultimate model: silicon valley an open local economic network architecture the nodes in the network: –(tech-) companies, investors –subcontractors, professional services –universities, government VC: the “2 hour driving boundary” lowers risk for innovation and (tech-) entrepreneurship
6 global innovation through resource arbitrage from sticky resources to competitive advantage a global open economic network of networks architecture –nodes: economic innovation clusters –hubs, network making the meta-national company: –networked… operation resource mobilization learning multi-disciplinary – corporate and public policy – issues
7 opportunities for business innovation in Asia India and China in the new global order human resources and work model – China Intellectual Property rights – China, India “the view from there” – India