1. Professor Ping Lan University of Alaska Fairbanks, USA April 2012 for NArFU & SKOLKOVO

2.  Meaning & Features of Innovation  Routines for Realizing Innovation  Promote Innovation in Arctic Region: Alaska Experience Copyright © Ping Lan

3.  Innovation & Creation  Innovation Waves  Innovation Evaluation  Innovation Importance  Innovation Bottleneck Copyright © Ping Lan

4.  Innovation is a portion of creation wave, which enables human beings to surf on the creativity, and rupture the previous achievements.  Innovation is not limited to products.  Innovation enables us to get something from nothing or next to nothing.  Innovation keeps changing. Copyright © Ping Lan

5. Innovation Waves 1785 1845 1900 1950 1990 2030 Time TQ SV DR GL CSR Innovation Short Waves Iron Water power Mechanization Textile Commerce Steam power Railroad Steel Cotton Chemicals Internal combustion engine Petrochemicals Electronics Aviation Space Long Waves Green Tech Digital networks Biotech Software IT 1 2 3 4 5 Copyright © Ping Lan

6.  Function feasibility—Innovation is tied to science and technology development (tech- push)  Cost effectiveness—Innovation is realized through market acceptance (market-pull)  Social sustainability—Innovation is confined to collective consciousness. Copyright © Ping Lan

7. Importance of Innovation As a denominator (P&G) As a compass (Ford) As the only way (Microsoft) Is imperative (GE) Every organization—not just business—needs one core competence: INNOVATION --Peter Drucker (1995) Copyright © Ping Lan

8.  Many aspects of innovation ◦ Inventor/innovator. ◦ Laboratory. ◦ Legal system. ◦ Infrastructure. ◦ Correlation. ◦ Types.  Head box.  Breaking head box is an important and difficult job. Copyright © Ping Lan

9.  Innovation source, funnel & stages  Innovation paths  Innovation approaches/tactics Copyright © Ping Lan

10.  Ideas ◦ Novel ◦ Useful ◦ Implementable  Ideas ◦ Core ◦ Supporting Copyright © Ping Lan

11. 3000:1

12. Varied sources

15.  Inside-the-box  Outside-the-box  Time + analysis  Develop entrepreneurship Copyright © Ping Lan

16.  Alaska: USA’s Arctic Region  Arctic Innovation Competition (AIC)  Beyond the AIC: Arctic Innovation 360 º Copyright © Ping Lan

17.  Alaska’s Profile  University of Alaska  School of Management Copyright © Ping Lan

18.  Purchased in 1867 in $7.2m ($120m)  1/6 land of USA (663k sq mi)  1/50 population of USA (722K)  7/10 revenue (GSD$45B) comes from the oil industry Copyright © Ping Lan

19.  Part of UA  Started in 1922  Land/sea/space granted  11k students,1k faculty; 4k staff  170 programs  7 campuses  Over $100m research funds Copyright © Ping Lan

20.  One of 10 college/schools  Formed in 1975  Four programs ◦ BA, ACCT, ECO, EM  Four degrees ◦ BBA, MBA, MS, PH.D  Over 700 students  AACSB accredited Copyright © Ping Lan

21.  Origination  Features  Operation  Contestants Copyright © Ping Lan

22.  Innovation gap in Alaska  Class have students buy –in  MBA volunteers  A demo site for fundraising Copyright © Ping Lan

23.  Open to public  Focus on ideas  Have no topic and region restriction  No any charge to participators  Use the following selection criterion  Novelty  Utility  Feasibility and  Value Copyright © Ping Lan

24. AIC Website: www.arcticinno.com Copyright © Ping Lan

25. Among Submitted Ideas  36% in Consumer Goods,  15% in Energy & Environ.,  11% in Construction,  11% in Public Policy,  9% in Industry & Equipment,  8% in Biz Improvement,  8% in IT Applications,  5% in Health Care,  3% in Others Among Contestants 45% from Fairbanks and North Pole, 35% from other Alaskan regions, 13% from the contiguous U.S. and 2% from foreign countries. Copyright © Ping Lan

26. External Sponsors F Government agents F Banks F Native Corps. Private Firms F Non-profit orgs. Internal Sponsors F UA: Statewide F UAF ◦ SOM ◦ CEM ◦ CNSM Copyright © Ping Lan

28.  Wide engagement  Dream factory  Arctic cooperation Copyright © Ping Lan

29.  AIC Junior  Alaska Innovation Report  Arctic Innovation Conference Copyright © Ping Lan

30. Arctic Dream Factory Ideas AIC Raw Materials Pipeline Value Jobs Dream Factory Hands dirty Conversion Real World $ Seeds Money Copyright © Ping Lan

31.  The similar environment  Aggregate market size  Multiple channels enabled by Information & Communication Technology Copyright © Ping Lan

32.  The beauty of innovation is that anyone can do it.  The challenge of innovation for an organization is that you have to keep doing it.  You will be more innovative if you could make sense out of changes. Copyright © Ping Lan