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© 2015 SRI International The process of innovation, lessons from Silicon Valley Csaba Szabo BD Manager SRI International
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© 2015 SRI International 1 mission World-changing solutions to make people safer, healthier, and more productive $500+ million in annual revenues 2,100 staff members 20 locations worldwide Independent, nonprofit research institute Menlo Park, CAPrinceton, NJHarrisonburg, Vir.St. Petersburg, Florida Puerto Rico
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© 2015 SRI International Earth & Space Robotics & Automation Innovation & Economic Dev. Sensing & Devices Chemistry & Materials Health & Biomedical Sciences Education & Learning Information & Computing
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© 2015 SRI International Fundamental Science Universities SRI Corporations Basic Research Applied Research Product Development Production © 2012 SRI International SRI fills in the research and development gap
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© 2015 SRI International © 2012 SRI International R&D PROJECTS NEW VENTURESLICENSES SRI GLOBAL PARTNERSHIPS There are mainly 3 ways we do work with clients and partners Fundamental Science Basic Research Applied Research Product Development Production
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© 2015 SRI International SRI R&D projects Bringing Innovations to Market S/W stabilization for mobile chat Education products Content summarization Confidential project Vehicle-to-vehicle communications Automotive lane sensing Iris biometrics Underwater mass spectrometer Confidential project Dioxin abatement Innovation eco-system Pharmaceutical development Scientific digital imagers Mobile banking assistant Entrepreneurial development
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© 2015 SRI International Address reading Electronic banking Low cost solar- grade silicon Cancer drugs Color film reproduction Society uses multiple SRI innovations every day Computer mouse 1 st ARPA-Net/Internet Language platforms HDTV
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© 2015 SRI International Silicon Valley: A complete ecosystem for innovation success San Francisco 3 of the top 10 universities Global industrial clusters Leading VCs Support networks Rapid ideation Diverse population Collaborative environment Positive government policies Entrepreneurial culture Failure is allowed Research + Development + Commercialization Meritocracy = Achievement San Jose
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© 2015 SRI International Major location for creating new companies, new industries 1891 2012 198419761968 Birth of Net- working Birth of Micro- processors Birth of Internet Birth of PCs 19951947 Birth of Semi- conductors 1939 Birth of Electronics 1891 Birth of R & D Other major industries grown in Silicon Valley: Semiconductor equipment, voicemail, software tools, application software, on demand economy, commercial space economy, etc. Birth of Social Networking 2004 Founded Silicon Valley: 70 years of technology innovation
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© 2015 SRI International (McKinsey, 2008) Source, McKinsey for the World Economic Forum Low High Versatility ** Momentum * Low High San Francisco alone is as large as Boston Silicon Valley stands apart in innovation
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© 2015 SRI International What does innovation require? Inventors Entrepreneurs Talent pool Support Ecosystem
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© 2015 SRI International What do these companies all have in common? Founded by STUDENTS
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© 2015 SRI International 15+ countries where SRI delivers innovation programs US, Canada, Mexico, Columbia, Chile, Brazil, Sweden, Finland, Poland, United Arab Emirates, Saudi Arabia, Oman, Qatar, South Korea, Japan, Taiwan, Singapore, …
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© 2015 SRI International Developing Economy: Chile’s START-UPCHILE and MERCADO Encourage more invention and innovation in Chile Identify promising inventions & entrepreneurs Evaluate university research for commercialization Assist entrepreneurs taking their products to market Developing the innovation economy in Chile
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© 2015 SRI International The global value chain is dynamic - Where will Turkey be tomorrow? Turkey: The __?__ of the world Shenzhen: Factory of the world Bangalore: Back office of the world Silicon Valley: Innovation & commercialization hub of the world Finding a place in the global value chain
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© 2015 SRI International The 1 st step BUBA & SRI Technology Commercialization and Investment Program, to grow the E-ecosystem in Turkey + ALL TTOs & TEKNOPARKS
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© 2015 SRI International Headquarters 333 Ravenswood Avenue Menlo Park, CA 94025 +1.650.859.2000 Additional U.S. and international locations www.sri.com 17 twitter.com/csaba_szabo www.sri.com csaba.szabo@sri.com Thank You!
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