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Published byNicholas Pearson Modified over 11 years ago
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Disruptive Technologies Turning Ideas into Wealth Vancouver – June 5-6, 2003
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Convergence Biotech Genes Atoms Nanotech Computers Bits Neurons Networks
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Innovation Landscape ResearchDevelopmentMarketingApplication ScienceTechnologyEconomic Capability Utility, value wealth creation Where are you? Where do you want to go? How will you get there?
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Opening Statements Benefits of technology to economic development Six (10) Countries programme Need for critical thinking Mix of many players Value of informality ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility
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Innovation in Organizations Overview of Christensen model Real World Disruptive for whom? Social and value innovations Organizational inertia Breaking from tradition ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility Demand Pull Technology Push
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Technologist Perspective No guarantees – technical risk Skills are scarce – develop and retain Collaboration international (shared) Important social component Funding – public/private approaches ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility Quantum Computing Nanotechnology
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Innovation Strategy What would success look like? Targets for: R&D Public/Private participation Skills development Challenge: Resource Competition ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility National Innovation Plan
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Working the Numbers Innovation history in British firms Considerable incremental innovation Main hurdle: get beyond prototype Importance of users Innovators tied to key customers Wal-Mart drove US productivity Marketing skills are critical Useful only if used ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility Customer Dependency
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Managing National Technology Institutes bridge academic/industry gap Taiwan: industry-centric Identify key products/capabilities Develop technical infrastructure Canada: knowledge-centric Support R&D Develop commercialization strategies ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility Canada Taiwan
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Building Talent Internationally competitive challenge Brain drain Chairs, scholarships, institutes Global literacy – innovation does not exist in vacuum Civil society – contribution goes beyond economics: commitment and purpose ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility I think, therefore I am.
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Chuck Wessner and the Search for the Innovation Grail in the Valley of Death Total research up But … Close to market (lack of basic research) Not balanced across disciplines Big jump for security Focus on allocative mechanisms – the entrepreneurial environment is complex ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility
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Successful Funding Programs (ATP) Extensive evaluation Before, During, After VC sees this as a sign of approval Firms welcome feedback Competitive Clarity of objectives ResearchDevelopmentMarketingApplication ScienceTechnologyCapabilityUtility
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