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Innovation and Entrepreneurship eco-system discussion
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Innovation and Entrepreneurship eco-system discussion


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  • 1. Innovation and Entrepreneurship centre at GJU (Discussions and Activities) 1 Jobs creation through responsible innovations 11.04.2014
  • 2. Why are we here? 211.04.2014
  • 3. Our approach Collaborate rather than duplicate Recognize opportunities rather than identify gaps 11.04.2014 3
  • 4. Discussion objectives • Share ideas & experiences about innovation and entrepreneurship eco-system • Develop recommendations to implement a sustainable center • Build collaborations with the different actors in the innovation and entrepreneurship eco- system 11.04.2014 4
  • 5. WHERE DO WE START? “The beginning is the most important part of the work” Plato, the Republic 11.04.2014 5
  • 6. Ent. & Innovation eco-system 611.04.2014
  • 7. Agenda • Group discussion • (45 minutes) Innovation eco-system • Groups presentations • (35 minutes) Capturing findings • Center feedback • (20 minutes) Recommendations • Center design • (45 minutes) (parallel session) Students Group 11.04.2014 7
  • 8. Problem identification Problem Solving (Invention) Solution Exploitation Innovation Innovation common ground "Anything that won't sell, I don't want to invent." Thomas Edison 811.04.2014
  • 9. THE RAINFOREST CANVAS Sequencing your regional genome T2 Venture Capital 11.04.2014 9
  • 10. 11.04.2014 11
  • 11. •Who has the reputation, resources and commitment to lead new initiatives? •Who will champion new initiatives within their own organizations? •How can leaders and champions be more inclusive? •Who are the entrepreneurs? •Who are the service providers? •Who are the inventors? •Who are the capital providers? •Who are the support organizations? •What is the role of government? •Who are the other key participants in the innovation ecosystems? •What is the regulatory environment for innovation? •What legal/bureaucratic barriers stand in the way of entrepreneurship? •What widespread social norms surround the innovation ecosystem? •What resources are available to aspiring entrepreneurs (knowledge, mentorship, cloud hosting, etc.)? •What sources of capital are there in the marketplace? •How does this capital flow and interact with growing businesses? •What is the volume and quality of talent in the labor pool? •What are the main sources of innovative ideas/discoveries/inventions? •What resources are available to service and support organizations that interact with entrepreneurs (workforce training, etc.)? •What are people already doing to stimulate innovation/entrepreneurship? •How are these people collaborating with each other? •What activities drive participation in the community? •What events create ‘buzz’ and generate interest? •Where, when and how do stakeholders interact? •How do ideas, talent and capital come together? •What are the lines of communication between partners? •How do members of the community collaborate with each other? •How does the community engage external or global partners? •How does the community encourage recruit new constituents? •How do young people get involved? •What forums exist that allow the breakdown of social and professional hierarchies? •Who are the local entrepreneurs that have built successful companies? •Who are the local entrepreneurs that haven’t yet been successful and what can we learn from their failures? •What regions have similar attributes and resources? •What organizations have shared visions/values? •Are there other regions with successful innovation ecosystems that we could learn from or emulate? •What is the density and quality of service providers (law, IP, consulting, real estate, etc.)? •What boundary spanning organizations exist? •What is the local level of serial entrepreneurship? •What is the density and quality of physical infrastructure (airports, internet connections, etc.)? •What are the core sectors of the local economy? •What are the strongest regional comparative advantages? •Where do people come from? •What are their value systems? •What are their motivations (money, reputation, lifestyle, self expression, etc.)? •What are the ‘amenities of place’? •How do we create and maintain a sense of urgency? •What kind of innovative social networks exist already? •How do people deal with uncertainty, risk or randomness? •How is failure perceived? •Do people build for perfection or iteration? 11.04.2014 12
  • 12. Group discussion • All groups will discuss 3 blocks – 2 blocks current view – 1 future view • Record the findings on sticky notes • Highlight the most important 3 items of each block to the groups 1311.04.2014
  • 13. Final results will look like this 14
  • 14. Groups discussions 15 Groups Current view Future view 1 Stakeholders Frameworks Resources 2 Stakeholders Role Models Infrastructure 3 Stakeholders Engagement Activities 4 Stakeholders Frameworks Resources 5 Stakeholders Engagement Infrastructure 6 Stakeholders Role Models Activities 11.04.2014
  • 15. Stakeholders Block • Stakeholder Name: Specialization/focus • Entrepreneurs • Innovators • Industry-academia collaboration • Service providers • Capital providers • Support organizations • Role of government institutes • Other key participants in the innovation ecosystems 11.04.2014 16
  • 16. Frameworks Block • Regulatory environment for innovation • Legal/bureaucratic barriers of entrepreneurs/innovators • Industry-Academia collaboration framework 1711.04.2014
  • 17. Resources Block • Resources to – Entrepreneurs – Industry-Academia collaboration – Innovation & Entrepreneurship support centers • Sources of capital in different phases • Sources of talents in the labor market • Sources of innovations 11.04.2014 18
  • 18. Roles Models • local successful entrepreneurs/innovators – What made them successful • Regions with similar attributes and resources – What made them successful • Successful organizations – What made them successful • Failure stories to learn from 1911.04.2014
  • 19. Infrastructure block • Quality and availability of service providers (law, IP, consulting, real estate, etc.) • Physical infrastructure – Innovators/ entrepreneurs – Industry–academia collaboration • Core sectors of the local economy • Regional comparative advantages 2011.04.2014
  • 20. Activities Block • Collaboration • Supporting • Promoting • Communicating – Innovation & Entrepreneurship – Industry-academia collaboration 2111.04.2014
  • 21. Engagement block • Stakeholders interactions • Communication between partners • Community members collaborations • Engagement of external or global partners • Youth involvement • Industry-academia collaboration 2211.04.2014
  • 22. GROUP WORK AND PRESENTATION 2311.04.2014
  • 23. CENTER RECOMMENDATIONS 2411.04.2014
  • 24. Proposed GJU Industry Links Science Business Spin-offs / start-ups POC (Proof of Concept) Tech Transfer Incubator Research Commercialization Deanship of Research Industrial Links 2511.04.2014
  • 25. Human thinking is based on • Facts and Information • Emotions and Feelings • Cautious and Careful • Positive • Creative Thinking • Control of Thinking • White Hat • Red Hat • Black Hat • Yellow Hat • Green Hat • Blue Hat 11.04.2014 26
  • 26. 2 Worksheets • 20 for each group • Opportunities / Positive • Alternatives / Creativity 2711.04.2014
  • 27. Opportunities / Positive • What are the opportunities GJU has to contribute to entrepreneurship and innovation eco-systems? • What you or your organizations can collaborate with GJU to support innovation? 2811.04.2014
  • 28. Alternatives / Creativity • What alternatives GJU should consider? • What are the first steps GJU should consider in the implementation of the center? 2911.04.2014
  • 29. “Coming together is a beginning, staying together is progress, and working together is success.” - Henry Ford 11.04.2014 30