Anchors Away! The evolution of an ICT cluster after the sinking of its flagship company 4 th Global Conference in Economic Geography Oxford, UK, April.

Slides:



Advertisements
Similar presentations
1 The contribution of ICT in achieving the new Lisbon Agenda Brian Williamson David Lewin Puntoit/Key4Biz Workshop 7th June
Advertisements

Economic implications of global patent backlogs Presentation by London Economics 10 March
Global Entrepreneurship Monitor (GEM: THE 2012 CONFERENCE ON ENTREPRENEURIAL UNIVERSITIESwww.gemconsortium.org Niels Bosma Global.
PART ONE BACKGROUND FOR INTERNATIONAL BUSINESS International Business
1. Globalization is a process of interaction and integration among the people, companies and governments of different nations, a process driven by international.
What is a global start-up? PAXIS Workshop Presentation, Thursday, June 23rd, 2005.
By: Kin Tat Lay Chapter 15. I. Introduction  Patents are a significant factor in the success of an enterprise for many industries  Patents are assets.
Presentation to the Oireachtas Committee on Jobs, Enterprise & Innovation 10 th February 2015 Ireland’s National Startup Expo.
June 2010Developed by Agency Human Resource Services, DHRM1 Retention Focus Group Example of retention focus group questions, results, and recommendations.
Robert Huggins and Daniel Prokop Centre for International Competitiveness, Cardiff School of Management, University of Wales Institute, Cardiff Presentation.
Academic patenting in Japan -Some policy issues- Isamu Yamauchi Research Institute of Economy, Trade and Industry (RIETI) 1 APE-INV 3-4 September 2013.
Program on Globalization and Regional Innovation Systems Community Participation and Emerging Forms of Governance in Economic Development Strategy David.
The Geography of Innovation: What have we learned so far? Meric S. Gertler University of Toronto Presented to the AIM Conference on ‘Social Science and.
What happens after leaving care? – Preliminary Findings from an Irish sample EUSARF CONFERENCE Copenhagen 3-5 sept Conor Mc Mahon - TUSLA Robbie.
June 2012 ICT Measurement and Impact. Jordan.. Gateway to the Region.
The Importance and Role of Patent Information Jerusalem 21 June 2010 Andrew Czajkowski Head, Innovation and Technology Support Section.
The Canadian Chamber of Commerce Canada’s Opportunities and Barriers for Success May 12, 2011 Toronto, Ontario Chris Gray Director, Innovation Policy
Lecturer Name | Contact An Introduction to Industry Lecture 1: Electronics as an Industry.
Sara Rauchwerger APEC 2011 Co-Incubation Conference 6-8 September Xian, China.
Technology Innovation Management (TIM) program Tony Bailetti August 6, 2008.
Social Networking and On-Line Communities: Classification and Research Trends Maria Ioannidou, Eugenia Raptotasiou, Ioannis Anagnostopoulos.
Lesson 3 11E.
Innovation Systems Research Network MCRI Theme III: Social Inclusion and Civic Engagement David A. Wolfe, Ph.D. Program on Globalization and Regional Innovation.
1 Changing Paradigm of Cluster Development: Learning from Global Experiences Promoting Innovation in Clusters Prof. Christian Ketels President, TCI Network.
European Commission Enterprise Directorate General Innovation Policy R&D and Innovation in the Regional Operational Programs Meeting with Regions 11 July.
International Lessons: youth unemployment in the global context Lizzie Crowley.
Recent trends and economic impact of emigration from Latvia OECD/MFA Conference Riga, December 17, 2012 Mihails Hazans University of Latvia Institute for.
Cisco Corporate Overview. Market Capitalization Leadership January 1995November 2005November 2009 Cisco $10B Top 12 Competitors $71B Cisco $110B Top 11.
Building space for the Knowledge and Creative Economy: how different is it? Mark Kleinman Director - Economic and Business Policy Greater London Authority.
Recent Research in Canadian Tech Transfer Kate Hoye, University of Waterloo Diane Isabelle, NRC, Carleton University Fred Pries, University of Waterloo.
LONDON CALLING: FIVE BASIC QUESTIONS ABOUT CLUSTERS MERIC S. GERTLER Department of Geography & Munk Centre for International Studies University of Toronto.
Crossing Methodological Borders to Develop and Implement an Approach for Determining the Value of Energy Efficiency R&D Programs Presented at the American.
UPS Case Study Mark Charleston Dave Donahue Shawn Wagner.
Robert Huggins Cardiff School of Management, University of Wales Institute, Cardiff Presentation at the ‘Higher Education – Making A Difference To Economies.
Entrepreneurship: a competitive edge for economic development Presenter H. Randall Goldsmith, PhD.
Ecosystem approach to start and grow innovative technology companies Tony Bailetti, Ph.D. Carleton University Vitesse OTI August.
Researches Relating Talent Mgt Feb 5, Why PS needs talent mgt From: Deloitte(2009) The Public Sector Talent Mgt Challenge: A conversation with Ian.
Tuesday, February 26 th Career Pathways and Economic Prosperity Winning in the Human Age.
Knowledge, Innovation and Regional Culture in Waterloo’s ICT Cluster Allison Bramwell, Jen Nelles and David A Wolfe May 13, 2004.
Promotion of Innovation: Usefulness and value of Patent Information Andrew Czajkowski Head, Innovation and Technology Support Section Ulaanbaatar March.
Globalization and the Digital Divide
Driving dynamic growth and success for Waterloo Region technology companies Cluster Update Toronto, Ontario May 5 th, 2005 Iain Klugman.
Social Biz Nuts and Bolts Environment Analysis General / External / Internal.
Global Info Tech Report Overview Prof. Timothy Shea p. IX.
Job Generation Engines – Business Incubators and Entrepreneurship in Wisconsin University Research Park MG&E Innovation Center Madison, Wisconsin December.
IP Transactions as Facilitators of the Globalized Innovation Economy Sean M. O’Connor Professor and Chair Law, Technology & Arts Group University of Washington.
Dr. Tom Corr CEO Accelerator Centre Waterloo Research and Technology Park Associate Vice President of Commercialization – University of Waterloo April.
Spatial Distribution of Growth and Inequality: The case of Israeli cities Malka Antonio and Daniel Shefer January 2010 Center for Urban and Regional Studies.
Transparency 13-1 Corporate Entrepreneurship Firm’s capabilities possessed to develop new goods or services and manage the innovation process Invention.
1 Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railways Michael Schimmel Price squeeze tests in electronic communications.
CONTRASTS IN CLUSTERING: CANADIAN NEW MEDIA John Britton Department of Geography University of Toronto.
KNOWLEDGE TRANSFER AND GLOBAL VALUE CHAINS (GVCs) Koen De Backer, OECD Working Group on Trade and Technology Transfer WTO, Geneva, 29 June 2012.
Defining & Measuring Economic Development Defining & Measuring Economic Development Maryann Feldman University of North Carolina June 14, 2014.
By Reece Hartge  In the early 1970’s all we relied on was typewriters. If we need to copy a document, we likely a mimeograph or carbon paper.  In.
KNOWLEDGE ECONOMY FORUM VI Technology Acquisition and Knowledge Networks Cambridge, England. April 17-19, 2007 Panel 2A April 19, 2007 Standards and Quality.
Nadya Reingand, PhD Yan Hankin, Esq. Washington DC, USA © Copyright. All rights reserved. Intellectual Property and Business Aspects of Digital Holography.
HUMAN-BASED ECONOMY Largest IT engineering force in CEE: manufacturing, engineering students 40% of R&D Legacy of Soviet Union 2.5 billion and.
Lecture 23 Electronic Business (MGT-485). Recap – Lecture 22 E-Business Strategy: Formulation – Internal Assessment Value Chain Analysis Linkages within.
Foundations of Strategy Chapter 5 Group 3. Key Points of the Chapter Different stages of industry development and driving factors Success factors associated.
NASDAQ: YHOO 2/28/2012 Turner Novak Mark Blazo. Buy 100 $21.31 $2, % of portfolio.
Knowledge markets or knowledge spillovers in Canadian Human Health Biotechnology Johanne Queenton UQAM, Canada Research Chair in MOT ISRN 6 th Annual Meeting,
Geography and growth: technological relatedness and regional branching Ron Boschma Utrecht University econ.geo.uu.nl/boschma/boschma.html DIMETIC.
1 Innovation and Entrepreneurship in Developing Countries: Impact Assessment and Lessons Learned from InfoDev’s Global Network of Business Incubators June.
Building Innovation Capacity through Regional Business Incubation Systems Dr Takis Damaskopoulos Executive Director European Institute of Interdisciplinary.
The Youth Employment Formula. C=1c+15p+14m+C> 1.7 million people live in Glasgow region. 25% of the population is aged nd in the UK for people’s.
The Bust is Dust – Ottawa Tech Cluster ISRN Panel on ICT Clusters.
Dynamic capabilities in young entrepreneurial ventures: Evidence from Europe Aimilia Protogerou and Yannis Caloghirou Laboratory of Industrial and Energy.
Accounting for regional success
JRC – Territorial Development Unit Petros Gkotsis 08 March 2017
Essentials of Managing Human Resources 5ce
Presentation transcript:

Anchors Away! The evolution of an ICT cluster after the sinking of its flagship company 4 th Global Conference in Economic Geography Oxford, UK, April 19-24, 2015 Dieter F Kogler University College Dublin Gregory M Spencer University of Toronto

The spectacular rise and fall of Nortel Networks At its peak in 2000 Nortel accounted for over one third of the total value of the TSX and employed nearly 100,000 people worldwide On January 14, 2009 Nortel files for bankruptcy in multiple jurisdictions and by 2010 has fewer than 2,000 employees

Local impact not as severe as expected

Nortel had a highly inventive history In June 2011 over 6,000 of Nortel’s patents were sold to a consortium of companies (Apple, EMC, Ericsson, Microsoft, RIM, and Sony) for over $4 billion

Research Questions How resilient was the Ottawa-Gatineau ICT cluster in response to the collapse of Nortel? What happened to Nortel’s inventive capacity? Did it remain? Leave? Dissipate? What were the main sources of the ICT cluster’s resiliency? Creative destruction/entrepreneurship? New entries (from elsewhere) Existing firms

Literature Building on the University of Ottawa study (Calof et al 2014) that investigated why Nortel collapsed this paper looks at the impact of the collapse (and why it wasn’t as severe as may have been expected) Three related literatures Clusters & local ecosystems Evolutionary economic geography Local/regional resiliency Systems approach to understanding adaptive cycles “panarchy” as a way of understanding adaptive systems across multiple scales (Holling et al 2002) Source: resilience.org

Approach and Methods A case study approach using patent data in order to describe the evolution of the inventive capacity of the Ottawa-Gatineau ICT cluster through various stages Using Kogler’s patent database for Canada (from USPTO) to track inventors who had at some point filed a patent for Nortel or one of its units/subsidiaries Identify where former Nortel inventors went during and after the company’s collapse (i.e. new firms; existing firms; local/non- local) Classify assignees into categories (i.e. direct competitors, existing firms, startups)

Ottawa-Gatineau Inventor Population

Nortel patents over time

Change in Nortel tech over time 370Multiplex communications 455Telecommunications 379Telephonic communications 709Electrical computers and digital processing systems: multicomputer data transferring 398Optical communications 375Pulse or digital communications 385Optical waveguides 361Electricity: electrical systems and devices

Nortel Inventors – Overall & Ottawa

Identify local key competitors Direct Competitors include: Alcatel LucentMOSAID Technologies Research In MotionInternational Business Machines CibaMagSil Mitel NetworksApple Cisco TechnologyBlackberry EricssonAltera

Lack of new firms

Preliminary findings Nortel’s collapse does not seem to have had a long-term negative impact on the inventive capacity of the Ottawa-Gatineau ICT cluster A large majority of former Nortel inventors who continued inventing in Ottawa-Gatineau did so for existing large companies in similar technologies We have found relatively few examples of successful attempts at start-ups from former Nortel inventors, particularly in similar technologies

Discussion and conclusions The resiliency of the Ottawa-Gatineau ICT cluster appears to be the combination of a diverse set of local competitors as well as a highly talented workforce Ottawa-Gatineau also ranks highly of quality of life measures Nortel’s competitors bought many of their patents but also acquired much of the talent – in some cases through acquisitions of Nortel’s business units mitigating much of the disruption Little evidence of entrepreneurship as a source of resiliency Technology is capital intensive which may limit entrepreneurial possibilities Role of policy & government as a stabilizing factor (TBD) Next steps…examining the impact on inventor relationships

Thank you! Dieter Kogler – Greg Spencer –