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Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
Presentation to Ministry of Economy and Employment
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Presentation to Ministry of Economy and Employment

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Response to Gordon Murray presentation

Response to Gordon Murray presentation

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  • Stanford: 12b, Harvard 28b, MIT 8b.
  • KEY MESSAGE: Not all cases become start ups. Not all are patented. Exceptional cases are put forward with speed (external IP, mature case). Some cases lack commercial potential and/or require more research / thinking. Other organizations are linked by ACE.NOT TO MENTION: only the best ones are selected in evaluation.
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    • 1. Enabling<br />GrowthEntrepreneurship<br />Will Cardwell<br />will.cardwell(at)aalto.fi<br />KASVUYRITYSKATSAUS 2011<br />
    • 2. Gordon’sRecommendations<br />Decide to become a Magnet for Entrepreneurs.<br />Target Top 5 in GEDI Indexby2015<br />CommunicateFinnishopportunitiesglobally<br />PhyscalPresence/ Social Media / Video<br />Design an taxsystemattractive to entrepreneurialrisktakers<br />AddPotentialfor AssymetricFundStructures<br />Ensureoneworld-classFinnishuniversity in prioritytechnologies/ science (STEM) and in entrepreneurship<br />Whatarewedoing at Aalto?<br />2<br />
    • 3. Aalto Center for EntrepreneurshipBuilding successful companies that create <br />jobs and prosperity.<br />
    • 4. The Four cornerstones of ACEBuilding successful companies <br />that create jobs and prosperity.<br />Entrepreneurship <br />Education<br />Entrepreneurship<br />Research<br />Growth<br />Venturing and<br /> Start-Up Services<br />Innovation Services<br />and Technology<br />Transfer<br />
    • 5. Highlights for ACE 2010<br />This is a start, but a LONGway to go…<br />111<br />Record number of inventions from Aalto.<br />Record number of priority patent applications filed based on Aalto Research.<br />50<br />Record number of startups formed from Aalto-based ideas.<br />15<br />Significant new license sales to Industry.<br />€*<br />Strong new partnership with Stanford Technology Ventures and Stockholm School of Entrepreneurship.<br />2<br />
    • 6. Estimate for 2011 figures<br />Not all ideas are Commercialized, but all are Evaluated<br />Directed to other supporting organizations<br />Back to community with feedback<br />200<br />10<br />Proposal<br />Evaluation<br />Start-ups<br />300<br />250<br />Concept development<br />30<br />Validation<br />10<br />Intellectual Property Rights<br />50<br />10<br />5<br />Licenses<br />Innovation ‘fast track’<br />
    • 7. 7<br />Mark Zuckerberg, Founder of Facebook<br />Youthand Energy (1)<br /><ul><li>Startearly!
    • 8. Universities will probably drive the next Black Swan.
    • 9. And, DON’T BE PATIENT!</li></li></ul><li>Youthand Energy (2)<br /><ul><li>Attract founders, who are ideally young, energetic and possibly migrants
    • 10. Support them PATIENTLY, embracing “near-death experiences</li></li></ul><li>9<br />About 26<br />About 34<br />
    • 11. PartialList of Aalto Entrepreneurship ExperientialLearning<br />Stanford Collaboration<br />Visitors: Seelig, Byers, Novitsky, Blank, Glick, Lyons, Katila, Sarasvathy, manymanymore<br />Significant Research activities<br />Courses ME3120, MSE273, more coming<br />StartupSaunas: 16 Warm-ups, 2 Majors<br />Summer of Startups: Bigger and betterthan 2010<br />Summer of Enternship: Students2FinnishStartups<br />Startuplife: Students2ValleyStartups<br />SignificantCross-BorderResearchwith Stanford<br />Visitors: Seelig, Byers, Novitsky, Blank, Glick, Lyons, Katila, Sarasvathy, manymanymore<br />Speakers: rolemodels<br />
    • 12.
    • 13.
    • 14. FinalWords<br />Changehasbegun<br />Please look closely at decisionsthatcreate new programsratherthandoublingdown on whatappears to beworking.<br />LiftingupRoleModels and CelebratingIteration, Failure and Re-BirthareParamount!<br />13<br />
    • 15. 14<br />Any Ideas? Invented Something?<br />Will Cardwell, Head, will.cardwell(at)aalto.fi<br /> Pauli Laitinen, Innovation Services Team Leader, pauli.laitinen(at)aalto.fi<br /> Or look at: http://ace.aalto.fi<br />

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