• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Mirko Lorenz, Inside the Innovation Economy: The Lisbon agenda in times of financial crisis - Interfacing Innovation Brussels
 

Mirko Lorenz, Inside the Innovation Economy: The Lisbon agenda in times of financial crisis - Interfacing Innovation Brussels

on

  • 2,063 views

Paneldiscussion moderated by Mirko Lorenz, speakers included: Christopher Allen, John Vassallo, Magnus Madfors, Roland Strauss and Juan Cajiao

Paneldiscussion moderated by Mirko Lorenz, speakers included: Christopher Allen, John Vassallo, Magnus Madfors, Roland Strauss and Juan Cajiao

Statistics

Views

Total Views
2,063
Views on SlideShare
2,005
Embed Views
58

Actions

Likes
3
Downloads
19
Comments
2

4 Embeds 58

http://ejc.net 51
http://www.ejc.net 3
http://www.slideshare.net 3
http://translate.googleusercontent.com 1

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel

12 of 2 previous next

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment
  • Inside the Innovation Economy: The Lisbon agenda in times of financial crisis Welcome everybody to „Inside the Innovation Economy: The Lisbon agenda in times of financial crisis“. In this session we will explore the current status of innovation in Europe and try to come up with some new insights and maybe some fresh ideas.

Mirko Lorenz, Inside the Innovation Economy: The Lisbon agenda in times of financial crisis - Interfacing Innovation Brussels Mirko Lorenz, Inside the Innovation Economy: The Lisbon agenda in times of financial crisis - Interfacing Innovation Brussels Presentation Transcript

  • Inside the Innovation Economy The Lisbon Agenda in times of financial crisis Interfacing Innovation Conference Brussels, April 19-22, 2009
  • Start: A story about ideas, creativity and innovation.
  • Assignment: Build a robot, able to get from Point A to Point B in a public park.
  •  
  • ? (sensors, GPS, cameras, wheels,…)
  • Solution: Source: Tweenbots, com Kacie Kinzer (2009)
  • Source: Tweenbots, com Kacie Kinzer (2009)
  • Unexpected results
    • „ Over the course of the following months, throughout numerous missions , the Tweenbots were successful in rolling from their start point to their far-away destination assisted only by strangers.“
    • „ Every time the robot got caught under a park bench...or became trapped in a pothole, some passerby would always rescue it and send it toward its goal.“
    • „ Never once was a Tweenbot lost or damaged.“
    • Source: Tweenbots.com
  • Innovation in the EU: Effects of the financial crisis? Outlook to future?
  • “ The world’s most dynamic knowledge-based economy by 2010” 2020
  • Introduction
    • Christopher Allen, EU Commission
    • Juan Cajiao, AISEC
    • Magnus Madfors, Ericsson
    • Roland Strauss, Strauss Partners
    • Philippe Vanrie, European BIC Network
    • John Vassallo, Microsoft
    • Mirko Lorenz, Deutsche Welle (Moderator)
  • Ecosystem Lisbon Agenda: Situation & Perpectives? EU INNOVATION Sectors Funding Regions Clusters SMEs/Gazelles Education Research Entrepreneurs Innovation Communication Building blocks
  • Lisbon Agenda
    • 2000: Lisbon Agenda introduced
    • 2005: Partly revised
    • 2007: Some positive indicators
    • 2009: Financial crisis hits markets
    • 2020: Perspective for EU innovation?
    Lisbon Agenda: Effects of financial crisis?
    • Education: What is the curriculum?
      • Models that work?
    • Research: More transfer, but how?
      • More Collaboration? EU Patents? Motivations?
    • Entrepreneurs: Why take the risk?
      • Motivation? Perception by society?
    Education Research Entrepreneurs Source: Photocase.de
    • Innovative Regions
      • Perspectives? Needed actions?
    • Clusters/Innovation Centers
      • Survival rates, growth, new concepts?
    • SMEs/Gazelles
      • Would Google be possible in Europe?
    Regions Clusters SMEs/Gazelles
    • Future Innovation Ecosystem in Europe
      • Building on EU strength, sustainable, social
    • Sectors
      • Key areas: Energy, Services, ICT, Food, Health, Auto & Aero
    • Funding
      • Sources? risk acceptance? “fail fast” models?
    Ecosystem Sectors Funding Source: Richard Sarson, http://www.richardsarson.com/sketch/sketch01.jpg
    • Innovation Communication
      • EU & Innovation: Drowning in papers
      • Lack of a “sticky” story what EU innovation is
      • How could we get a better overview?
    Innovation Communication Source: FFFound
  • Q&A Innovation in the EU: What could be THE model?
  • Thank you.
  • Fact: How are we doing? European Innovation Scoreboard 2008 Source: http://www.proinno-europe.eu/EIS2008/website/docs/EIS_2008_Final_report.pdf
  • Fact: Job creation by few
    • Just 9.8% of the world's entrepreneurs expect to create almost 75% of the job generated by new business ventures.
    • High-expectation entrepreneurs who want to employ at least 20 people within five years.
    • Source: GEM, 2005, global study
  • Fact: Idea economy is risky Less than 1% of ideas in companies are successful.
  • Fact: Investments risky, too More than 80% of money invested by venture capitalists goes into the adolescent phase of a company‘s live cycle. In this periods accelerated growth, the financials of both the eventual winners and losers look strikingly similiar. Source: Bob Zider, How Venture Capital works
  • Fact: Innovation Activity
  • Fact: VC returns Source: Price Waterhouse Coopers/3i, September 2003 Public markets returns vs. VC investment Source: DG EFA 2007, http ://trueeconomics.blogspot.com/2008/12/latest-government-economic-plan-is.html
  • Facts: Funding Source: EVCA Private Equity Activity Survey 2007 Europe
  • Facts: Private Equity funds Source: EVCA Private Equity Activity Survey 2007 Europe
  • Facts: Funding by country Source: EVCA Private Equity Activity Survey 2007 Europe