- 1. From Ideas to the Market :Dynamics of Innovation A. Mete
AKMAKCI Technology Development Foundation of Turkey TUGAD Meeeting:
New and Renewable Business stanbul,25September 2009
2. Mobilizing Innovation Business selling low-carbon goods and
services now generate more revenue than the aerospace and defence
sectorscombined...Financial Times , Sept. 18, 2009 If we can bring
chip guys together with engine guys then we can open the way for
developing the clean, software-rich car of the future Such
breakthroughs happen only when conventional wisdom is ignored and
cross-fertilisation through managed conflict is encouraged. Vinod
Khosla 3. New Inspirations for Innovation Innovation and technology
will help us develop an inclusive and responsible society. Worlds
most water efficient hygiene products. Worlds most advanced
intelligentnon-invasive orthopaedics . 4. A Definition of
Innovation Creating newVALUE using/utilizing
existing/availableKNOWLEDGE 5. Characteristics of Innovation
- Innovation does not involve the knowledge creation
process.
- Innovation is opportunistic and takes initiative. (Therefore
often associated with entreprenuership how about
intrapreneurship?)
- Value is a perception (hence the dynamic nature of innovation)
Often times, most valueable innovations are `non-technical
- Innovation involves acquisition/processing of knowledge
(experience and access needed?)
- Knowledge (not necessarily technical or scientific) is the main
barrier to/frontier of innovation.
6. The Process of Innovation Innovation is a dynamic problem of
interrelated processes anddisciplines. 7. Nesting for Innovation
Innovation takes systematic patience : after 2 years of hard work
and 500 K USD of investment ... 8. Managing Innovation Source :
Rouvinen and Yla-Anttila, Little Finlands Transformation to a
Wireless Giant Managing change is a multi-dimensional innovation
problem. 9. Global Map of Innovation Source : Tim Gulden, UMD,
Richard Florida, U of T,Pekka Himanen, HIIT , 2005 Patent s
Publications 10. Open Innovation 11. Crowdsourcing for
Innovation
- Crowdsourcing is a term for the
- act of taking tasks traditionally
- performed by an employee or
- formal contractor, and assigning it
- to an undefined, generally large
- group of people or community
- in the form of an open call. It is a
- distributed problem-solving
- and production model. Problems
- are broadcast to an unknown
- group of solvers in the form of an
12. UserDriven Innovation
- User innovation refers to
- innovation driven by end users,
- rather than suppliers or the
- manufacturer. Products are
- developed to meet the widest
- possible need; when individual
- users face problems that the
- majority of consumers do not,
- they have no choice but to develop
- their own modifications to existing
- products, or entirely new products,
13. Innovation Branding 14. Networks of Innovation Regions
Source :2007 Index of Silicon Valley 15. Implications for Public
Policy
- Dynamics of innovation is constantly evolving at a global
scale
- Fast and cheap access to information at a global scale
facilitates diffusion of innovations through global
communities/eco-systems of innovation.
- Static/classical support-supply push model of public policy is
becoming less and less irrelevant.
- Public agents should adopt changing and flexible roles, with
the priority of developing sustainable private structures, as equal
and value adding partners.
- Public programs should support smart money with the right dose
of persistent thematic prioritization.
16.