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Steven Geiger - Skolkovo - International Best Practices in Innovation Management

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An overview of the new innovation center being built in Skolkovo, Russia. Describes the strategy, investment and infrastructure of this strategic initiative of the Russian government.

An overview of the new innovation center being built in Skolkovo, Russia. Describes the strategy, investment and infrastructure of this strategic initiative of the Russian government.


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  • 1. INTERNATIONAL BEST PRACTICES IN INNOVATION MANAGEMENT PRESENTATION AT SKOLKOVO BUSINESS SCHOOL NOVEMBER 2011STEVEN GEIGER, COO, SKOLKOVO FOUNDATION
  • 2. SOME BACKGROUND ON SKOLKOVOSkolkovo is a strategic development initiative to: • Diversify and grow Russia’s economy through innovation and entrepreneurship • Develop human capital through world- class research and education • Fully-integrate Russian technology into the global economy • Create globally-competitive knowledge-based companies 2
  • 3. SKOLKOVO’S RECIPE FOR INNOVATION Open, transparent, and fair: essential to attract world-class talent, institutions and businesses International standards Maximum private sector participation Self-sustaining over time Physical and virtual layers 3
  • 4. WHAT’S THE PROBLEM IN RUSSIA? Normal Technology Life CycleTechnology maturity / market acceptance Private Large Corporates Equity IPOs Commoditization of Technology Entrepreneurs Early Late Mid Basic Applied ResearchResearch VC Time 4
  • 5. WHAT’S THE PROBLEM IN RUSSIA? Current Russian Situation The “Gap”: • Research not linked to marketTechnology maturity / market acceptance • Little early-stage financing or services • Result: weak commercialization Private Large Corporates Equity IPOs Commoditization of Technology Entrepreneurs Early Late Mid Basic Applied ResearchResearch VC Time 5
  • 6. WHAT’S THE SOLUTION? Close this gap with tools for innovation and commercializationTechnology maturity / market acceptance Skolkovo “Ecosystem” Skolkovo Institute Large Corporates Innovation Center • 5 clusters Commoditization of • Technopark Technology • Key partners Entrepreneurs VC Virtual Skolkovo Early Mid Late Basic Applied Research ResearchCity Infrastructure Time 6
  • 7. LET’S SEE HOW THESE DRIVE INNOVATION 1. THE INSTITUTE 7
  • 8. SKOLKOVO INSTITUTE OF SCIENCE & TECHNOLOGY World’s first graduate university to fully- integrate research, education, innovation and entrepreneurship• Core of Skolkovo ecosystem Strategic partner:• Source of high-caliber talent• 1200 graduate students and 300 faculty/post-docs by 2018• 5 programs, 15 research centers (each with 3-4 labs) 8
  • 9. UNIQUE PLATFORM FOR GLOBAL COLLABORATION Research Centers SIST MIT Energy Program Russian & IT international Program institutions Biomed Program Space Program Nuclear Program 9
  • 10. SO HOW DOES THIS DRIVE INNOVATION IN RUSSIA?1. World-class R&D2. Open platform = fresh ideas3. Program-based = cross-disciplinary innovation4. CEI ensures innovation is in the organization’s DNA5. Contract research: new for Russia, change corporate mentality 10
  • 11. 2. THE INNOVATION CENTER 11
  • 12. INNOVATION CENTER 5 technology clusters Technopark Key partners 12
  • 13. 5 TECHNOLOGY CLUSTERS Energy: efficiency, saving, new energy technology IT: software, engineering, devices Biomed: biotech, drugs, devices Space: telecoms, navigation, Reflecting 5 imaging, life systemsmodernizationpriorities of the Russian Nuclear: medicine, energy, government materials 13
  • 14. HOW DO CLUSTERS DRIVE INNOVATION?1. Find innovative startups2. Pair with international experts3. Challenge strategy4. Provide VC interface5. Conduct international roadshows, force companies to measure themselves against the best 14
  • 15. TECHNOPARK Skolkovo Institute OtherClusters universities Startups & Spin-offs Skolkovo Market Corporate Incubation funds assistance services Funding External VCs Infrastructure Technopark 15
  • 16. HOW DOES TECHNOPARK DRIVE INNOVATION?1. “Nurtures” startups & spinoffs2. Collaborative environment3. Services (IP management, international access)4. Interface with VCs and SIST5. Turnover management = create sense of urgency 16
  • 17. KEY PARTNERSInternational companies Russian companies 17
  • 18. HOW DO KEY PARTNERS DRIVE INNOVATION?1. Create and operate R&D centers in Skolkovo2. Bring best international practices in R&D and commercialization3. Co-invest in promising Skolkovo start-ups4. Provide early commercialization opportunities for Skolkovo startups5. Fund research at SIST 18
  • 19. SOME PERSONAL EXPERIENCE DRIVING OTHER WORLD-CLASS INNOVATIONChallenge:Turn a tiny country (400,000 citizens) with few scientific ortechnological resources into a world leader in innovative“green” technologiesResults achieved: (2006-2010) • Dominant investor in “green” technology ($15 billion) • World’s first zero-carbon city under construction • Awarded UN Headquarters for Renewable Energy • World’s largest offshore wind farm (London Array) • World’s largest CSP plant (Shams 1) • World’s first 24-hour solar power plant (Gemasolar) 19
  • 20. SOME PERSONAL EXPERIENCE DRIVING OTHER WORLD-CLASS INNOVATIONCase study of Masdar PV: innovative thin-film photovoltaicsMasdar PV August 2008 December 2008 August 2009• Required simultaneously innovating the technology and the production process• Speed was critical: 12 months from groundbreak to first production• Intensely international: American supplier, European management, Middle East financing, German R&D, global market 20
  • 21. LESSONS LEARNED• Innovation is intensive global collaboration• Incremental innovation vs. step-change: which are you, does your industry accommodate, is your time-to- market realistic?• Excessive attempts to limit risk inherently limit chances of success• There is no alternative to innovation, learn to live with it 21
  • 22. THANK YOU For more information, please contact: Steven Geiger COO sgeiger@corp-i-gorod.com Or visit our website: www.i-gorod.com 22