Introduction to Innovation and Economic Organization Rögnvaldur J. Sæmundsson ABMS January 16 2007.

Slides:

Advertisements

Similar presentations

Measuring innovation: Main definitions - Part II South East Asian Regional Workshop on Science, Technology and Innovation Statistics.

Advertisements

Measuring innovation CENTRAL ASIAN SUB-REGIONAL CONSULTATION MEETING ON SCIENCE, TECHNOLOGY AND INNOVATION (STI) STATISTICS AND INDICATORS Tashkent, Uzbekistan.

Measuring innovation: Main definitions - Part I

Measuring innovation South Asian Regional Workshop on Science, Technology and Innovation Statistics Kathmandu, Nepal 6-9 December 2010.

Innovation, Intellectual Property, and Economic Growth Lecture outline: Overview of course Introduction to innovation Definitions Nature of innovation.

SOCIAL POLIS Vienna Conference Vienna, May 11-12, 2009 Working Group Session “Urban labour markets and economic development” Building a “Social Polis”

Presented by Carla Fernández-Corrales, Fall, 2014

1 Patents Systems and Knowledge Policies Dominique Guellec Chief economist - EPO National Academy – January 2005 Advancing Knowledge and the Knowledge.

Fatih ARSLAN Zeynep ÖNCÜ Şeyma YILMAZ Çağatay YILMAZLAR.

Introduction to the Oslo Manual: main definitions (Part II) Introduction to the Oslo Manual: main definitions (Part II) ECO - UIS Regional.

WATERLOO ELECTRICAL AND COMPUTER ENGINEERING 60s: Power Engineering 1 WATERLOO ELECTRICAL AND COMPUTER ENGINEERING 60s Power Engineering Department of.

Link Between Building HEI and Labor Markets Michel Bézy Distinguished Professor, Engineering and Public Policy Dept, CMU Associate Director, Carnegie Mellon.

Article review: An overview of innovation by Stephen Kline and Nathan Rosenberg Arto Wallin.

SM0374 Strategic Management and Leadership

Regulatory Impediments to the Commercialization of Stationary Fuel Cells in Ohio: Economic Development Context William M. Bowen Professor, Public Administration.

Professor Stephen Lawrence Defining Operations Leeds School of Business University of Colorado Boulder, CO

Industrial Organization Economists have developed a branch of economic analysis called Industrial Organization to trace the relationship between the structure.

Firms Rögnvaldur J. Sæmundsson ABMS Sept 8. Overview What are firms? –Governance structure – legal entity –Administrative unit (management) –Bundle of.

Defining Operations Professor Stephen Lawrence. Diego Rivera, Detroit Industry, 1933; Front Wall Mural, Detroit Institute of Art.

Knowledge and Preferences Rögnvaldur J. Sæmundsson ABMS Sept 1.

Coherence between Institutions and Technologies Rolf Künneke PHD course De- and Re-regulation of Network Industries Delft, 20 th to 24 th April 2009.

MD 815 Management of Technology and Innovation Session #1: Course Introduction & Overview.

Organizational structures

Modeling Knowledge Development in an Economic Context Rögnvaldur J. Sæmundsson ABMS August 20.

Introduction to business plans for SMEs

Dr. Dr. habil. Wolfgang Runge and Prof. Dr. Stefan Bräse Karlsruhe, March 2015 Special Entrepreneurship Why? Institute of Organic Chemistry (IOC) Engineering.

PRESENTATION ON THE SCIENTIFIC AND TECHNOLOGICAL ACTIVITIES 29 November 2007.

Introduction to the Oslo Manual: main definitions (Part I)

The importance of proximity and location Maryann P. Feldman Advancing Knowledge and the Knowledge Economy: Knowledge and Place 10 January 2005 National.

Master of Science in Innovation Management Professor Ed Nijssen Program Director.

Discussion Questions September 6, 2012 POSTECH Strategic Management of Information and Technology Laboratory (POSMIT: Dept.

Core Competences and Competition By Kevin Hinde. Aims To note the origins of core competence and consider the distinction with the term ‘competitive advantage’.

MEASURING KNOWLEDGE AND ITS ECONOMIC EFFECTS THE ROLE OF OFFICIAL STATISTICS Fred Gault Statistics Canada Advancing Knowledge and the Knowledge Economy.

The Dynamics of Localized Technological Change Lecture 6 Course: Innovation and Technology Transfer MSc Engineering Policy and Management of Technology.

US Corporate Research Center (USCRC). © ABB USCRC 2 Strengthening Research in U.S. US Corporate Research - A branch of ABB’s Global R&D Labs  Raleigh.

Dubai, 2 nd – 3 rd November, 2014 Operational Aspects to ensure the Quality of Service provision in Telecommunication/ICT market Louisa Ama Sosu, Vice-Chair.

Innovation Economics Class 2. Shifting Heuristics in the Economics of Innovation Area of specialization in microeconomic theory Area of specialization.

Innovation Systems Research Network MCRI Theme I: Social Nature of the Innovation Process (SNIP) Charles H. Davis, Ph.D. Faculty of Communication & Design.

Public Health Finance : Theory and Practice Feb , Washington DC Thomas E. Getzen, Ph.D. Professor of Risk, Insurance & Healthcare Management Temple.

Comparative Economic Organization: The Analysis of Discrete Structural Alternatives Oliver E. Williamson, 1991 Published in Administrative Science Quarterly.

“An Overview of Innovation” Sources Kline, J. and Rosenberg, N. (1986), “An Overview of Innovation”, in R. Landau and N. Rosenberg (eds), The Positive.

Network of Excellence in ICT Research, Knowledge Management and Transfer Dr. Miklós Biró Budapest University of Economic.

NETWORK STRUCTURE AND COOPERATION BETWEEN UNIVERSITIES AND INDUSTRY Prof. Ing. Tatiana Čorejová, PhD. Prof. Ing. Ján Čorej, PhD.

Measuring Inbound Diffusion from Publicly Funded Research Organizations to Innovative Firms: A Statistical Perspective Frances Anderson Science, Innovation.

Vivianne Ventura-Dias LATN (Latin American Trade Network )

1 An Economic View on Technological Change and Innovation B. Verspagen, 2005 The Economics of Technological Change Chapter 1.

Teaching Contemporary Mathematics Conference January 25, 2013 Christine Belledin NC School of Science and Mathematics.

Trott, Innovation Management and New Product Development, 5 th Edition, © Pearson Education Limited 2013 Slide 9.1 Chapter 9 Managing R&D projects.

Dr. Chen, Information Systems – Theory and Practices Strategic Resource, IT Governance and Knowledge Management Jason C. H. Chen, Ph.D. Professor of MIS.

Basic Principles of Economics Rögnvaldur J. Sæmundsson January

Research Presentation Day Glasgow, 21 st January 2004 Adding value in design: Investigation of value in industry Michael Reber (PhD Student) Alex Duffy.

1 Policy Frameworks for the Knowledge-based Economy ICTs, Innovation and Human Resources Brasilia September 2002 Session 2.2. ICTs and e-business.

School of Electrical Engineering Skolan för elektro- och systemteknik

Discussion Questions November 22, 2012 POSTECH Strategic Management of Information and Technology Laboratory (POSMIT: Dept.

Path creation and destruction – C. Davis – ISRN – Vancouver - May 2004 Path creation and destruction in industries, regions, and firms Strengths and limitations.

Instructor: Jim Cheng Course : E-Commerce Analysis Course No: MK 131.

Strategies for IT Adoption in the Building Industry © 2002 Prof. C.M. Eastman & Dr. R. Sacks Summary and Final Report.

Promoting Innovation through Industry Partnerships Prof. Olawole Obembe Department of Biological Sciences Covenant University, Ota, Nigeria A paper presented.

Industrial Group Project Introduction to Object Oriented Programming Adelina Basholli, February, 2016.

Beispielbild Master of Science in Economics. 2 Conception The Master of Science in Economics is aimed at highly motivated students who are interested.

Innovation, Intellectual Property, and Economic Growth

MGT601 SME MANAGEMENT Lesson 03 The Role of Entrepreneurship in SMEs.

Advanced Energy Solutions

Commitment 9: Set out EIT strategic agenda

Instructor LISA Galina PhD. in Economics

Understanding entrepreneurship

TRANSACTION COST ECONOMICS: THEORY

Resource-Based View Definitions and Typologies

The business model defines characteristics

Lecture 5: Organizational Impacts of Knowledge Management

Presentation transcript:

Introduction to Innovation and Economic Organization Rögnvaldur J. Sæmundsson ABMS January

Overview Who am I? Defining the problem/topic The innovation process Economic organization Basic structure of the current model

Rögnvaldur J. Sæmundsson Electrical Engineering from UI. Sleep Research Unit at Landspitalinn. MS in Engineering from UI. Director of Software Dev at Flaga. PhD in Technology Man. from CTH. Associate prof. RU School of Business. Research on New Technology-Based Firms (NTBFs) and the growth of knowledge. Teaching entrepreneurship, strategy&innovation, and ABMS.

Defining the problem/topic

Technological innovation

Network of specialized activity

Changes in specialization Source: Soubbotina (2004)

Changes in taste/preferences

Summary of the problem/topic Innovation ∆Resources ∆Knowledge ∆Organization∆Wants

The innovation process

Definition of innovation New products or services New ways of developing, producing, distributing, marketing or selling products or services

The linear model ScienceTechnologyProducts Research Development Production Marketing

The chain-linked model Source: Kline and Rosenberg 1986

Characteristics of innovation processes Interaction of markets and technology Complex costs and benefits Different degrees of novelty Uncertain outcomes

Diffusion Time Market penetration Productivity of R&D $

Innovation in an industry Source: Utterback 1994

Economic organization

Basic objective of organization Coordinate economic activity - Production and distribution - Exchange Enable specialization

Basic governance structures Markets Hierarchy (firms) Hybrids (long-term contracting)

Distinguishing attributes Adapted from Williamson (1991)

Suitability of governance structure 0 Governance Costs Asset Specificity Market Hybrid Hierarchy Adapted from Williamson (1991)

Basic structure of the model

Basic modules Individuals Firm Individuals Firm Industry Product market Factor market External knowledge generation

Point to remember “This is the course in advanced physics. That means the instructor finds the subject confusing. If he didn’t, the course would be called elementary physics.” Luis Alvarez, Nobel laureate, 1964