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Technology and Innovation for Competitiveness Workshop

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In this workshop, we are discussing the importance of technology and innovation for reaching competitiveness. Then competitiveness as the cornerstone for wealth creation both individuals and nations. ...

In this workshop, we are discussing the importance of technology and innovation for reaching competitiveness. Then competitiveness as the cornerstone for wealth creation both individuals and nations. Different concepts and techniques will be discussed and also framework will be stated.

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Technology and Innovation for Competitiveness Workshop Presentation Transcript

  • 1. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival
  • 2. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Workshop Objective 2 We will Discuss What is Meant by Technology? Understand the concept of Innovation. Competitiveness as the Cornerstone of Wealth Creation for Individuals and Nations. AND How we can structure all this together to reach Economical Endeavor?
  • 3. What is Meant by Technology?
  • 4. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Technology 4  Technology is the way we do things.  Technology is the means by which we accomplish objectives.  Is the knowledge applied in products, processes, tools, methods and systems used in meeting objectives and achieving a certain mission.
  • 5. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Technology 5 • The physical structure and logical Layout of the equipment or machinery that is to be used to carry out the required tasks.Hardware. • The knowledge of how to use the hardware in order to carry out the required tasks.Software. • The reasons for using the technology in a particular way. Brainware. • The practical knowledge of how to get Technology done. • As opposed to “know-what” (facts), “know-why” (science). • Know-How is often a tacit knowledge. Know-how.
  • 6. 6 Technology and Its Proper Management is What Creates Wealth for Nations, Enterprises and Individuals.
  • 7. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Evolution by the Age of Technology7 Stone Age Bronze Age Iron Age Steam Age Electricity Age Nuclear Age Electronic Age Space Age Information Age Biotech Age
  • 8. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 8  In the early 1990s There has been more information produced in the last 30 years than during the previous 5,000. Our World Today
  • 9. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 9 More data will be generated over the next three years than in all of recorded history IBM- 2003 Our World Today
  • 10. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 10  The first practical industrial robot was introduced during the 1960’s. By 1982 there were approximately 32,000 robots being used in the United States. By 1992 there were over 20,000,000 Our World Today
  • 11. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 11  This pattern offers hard proof that we have entered a new era.  The “Industrial Age” has given way to the “Information Age”.  The “Information Age” has enabled the “Knowledge Age”. Our World Today
  • 12. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Wealth Creation 12  We Must be Able to Integrate  Product Technology  Production Technology  Demands of the Marketplace Natural Resources Product Technology Production Technology Marketplace Customer Satisfaction It is when technology connects with the marketplace that wealth is created.
  • 13. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 13 Exponential Growth
  • 14. 14 Historically Speaking, scientific knowledge and technology progressed slowly until very recently. Only when science and technology started to interact and enforce one another did the real explosion in knowledge and technology development.
  • 15. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Dow Jones Industrial Average 15  20 Years  100 Point  50 Years  1000 Point 20 Years  5000 Point 10 Years  10000 Point
  • 16. 16 Competitiveness is no longer a matter of choice but a matter of survival in a global marketplace
  • 17. How we can create wealth from Technology?
  • 18. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival How Technology Creates Wealth?18  It is only when technological development finds a market that the research and development effort is rewarded in economical-social terms.  Technological breakthroughs open new vistas for industrial development and economic growth.
  • 19. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Hence We need to Understand 19 What is Creativity, Invention and Innovation ?
  • 20. What is Creativity?
  • 21. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 21  Creativity  Is the ability to bring something new Creativity is the ability not the activity of bringing something new. Definition of Creativity
  • 22. What is Invention?
  • 23. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 23  Invention  Is a unique or novel device, method, composition, process or discovery. It may also be an improvement upon, or alternate means, of achieving an existing desired result or function.  Invention is the activity of bringing something new. Definition of Invention
  • 24. What is Innovation?
  • 25. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 25  Innovation  Is the process of doing new things. The process of introducing the creative idea or invention to the market. Definition of Innovation
  • 26. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival The Distinction between Creativity, Invention and Innovation26 Creativity The ability to create something new. Perquisite of Invention and Innovation Invention The creation of Something new Results in new knowledge Innovation The Transformation of an idea or resource into useful application Result in a new product, service or processes
  • 27. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 27 If creativity is the seed that inspires entrepreneurship, innovation is the process of entrepreneurship. Drucker “Innovation… is the means by which the entrepreneur either creates new wealth-producing resources or endows existing resources with enhanced potential for creating wealth” It is important to recognize that innovation implies actions, not just conceiving new ideas. When people have passed through the illumination and verification stage of creativity, they may have become inventors, but they are The Distinction between Creativity, Invention and Innovation
  • 28. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Sequence of Discovery-Invention- Innovation-Market28 Inventio n Innovatio n Market Place Scientifi c Discover y Has No Instantaneous commercial value May never be developed into marketable products Adopting Invention Buying or ignoring the innovation
  • 29. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 29  Scientific Knowledge focus on natural phenomena is neutral on the question of how this knowledge may be used.  When we discuss science we mention scientific discoveries  But when we talk about technology, we mention technology innovation Sequence of Discovery-Invention- Innovation-Market
  • 30. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Technology and Creativity 30 Technology is an Expression of human Creativity. Managing Technology involves continuous effort in creating Technology, developing novel products and services, and successfully marketing them. It also requires an investment in Research and Development- R&D. R&D is a costly endeavor. It is a risky investment and therefore needs to be well managed. It is an investment in the future that can not be neglected, nor can its value be underestimated. Technology creation and exploitation require a chain of events, starting with inventions and end at the market place.
  • 31. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Types and Forms of Innovation 31 Type Forms
  • 32. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Forms of Innovation 32 Process Innovation Product Innovation Service Innovation Consumers Companies
  • 33. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Form of Innovation Examples 33 Type Innovation Product iPod Computer Mouse Services Social Networks Amazon Process Assembly Line Toyota Just In Time
  • 34. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Types Of Innovation 34 Incremental Innovation Radical Innovation Low Novelty High Novelty
  • 35. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Type Of Innovation Topology 35 Incremental Innovation Modular Innovation Architectural Innovation Radical Innovation Unchanged Changed System/Linka ge Reinforced Overturned Components/Core ConceptsDegree of Novelty
  • 36. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Change Associated with Type of Innovation36 Innovation Component System Incremental Improved No Change Modular New No Change Architectural Improved New Configuration/ Architecture Radical New New Configuration/ Architecture
  • 37. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Creativity and Innovation 37 Innovation is associated with the creation of value or the satisfaction of a customer need. Creativity is the engine of innovation. The essence of creativity is combining two or more ideas to arrive at an entirely new one. For Example, Henry Ford assembly line was based on combining the production of standardized parts, as a concept that had been introduced a century earlier, with the idea of bringing the parts to the worker rather than moving the worker to the parts.
  • 38. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Key People in the Technological Innovat 38 A number of industrial studies reveal that for a technology innovation to succeed, there are three important people involved and seven important conditions to satisfy. The combination of these people and conditions satisfies the need for creativity and implementation. Creative Source • Inventor or Originator who creates something new through personal vision or effort. Champion • Entrepreneur or Manager who pursues the idea, providing leadership for application Sponsor • Person or organization that backs innovation with finance, advice and contacts
  • 39. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Seven Conditions Required for Success in Technological Innovation39 An outstanding person in an executive leadership position to support strategic decision that encourage creativity and innovation development. An operational leader to carry out the essential tasks of converting knowledge into a commercial application. A clear need for the application by sufficient potential consumers to warrant the commitment of resources to innovation. The realization of the product, process, or service as a useful innovation providing value to society. Good cooperation among the crucial players and among diversified functions in an organization, all of whom, together, must bring the idea to fruition. Availability of resources and the supporting technology to succeed in the endeavor. Cooperation and support from external source who can influence the success of an innovation, including government agencies, investors, supplier, and creditors.
  • 40. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival Seven Conditions continue,… 40 In each instant of innovation, there has been an entrepreneurial champion who persisted in developing a creative idea into marketable application. In each instance, the entrepreneur has been able to recognize change and envision the opportunity.
  • 41. 41 How we can be Competitive? And What is the Structure to Reach Economical Value and Create Wealth?
  • 42. What’s A Company?
  • 43. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival What’s A Company? A business organization which sells a product or service in exchange for revenue and profit 43
  • 44. How Are Companies Organized?
  • 45. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival How Are Companies Organized? Companies are organized around Business Models 45
  • 46. What’s a Business Model?
  • 47. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival What’s a Business Model? A business model describes all the parts of the company necessary to make money 47
  • 48. What About My Technology?
  • 49. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival What About My Technology? Your technology is one of the many critical pieces necessary to build a company. It is part of the “Value Proposition” 49
  • 50. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival What About My Technology? Customers don’t care about your technology They are trying to solve a problem
  • 51. What’s A Startup?
  • 52. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival What’s A Startup? A startup is a temporary organization designed to search for a repeatable and scalable business model 52
  • 53. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival How to Build A Startup  Idea  Business Model  Size Opportunity  Customer Development 53
  • 54. A business model describes all the parts of the company necessary to make money
  • 55. what are those parts? what parts is a business model composed of?
  • 56. building blocks
  • 57. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival CUSTOMER SEGMENTS57
  • 58. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival VALUE PROPOSITIONS 58
  • 59. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival CHANNELS 59
  • 60. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival CUSTOMER RELATIONSHIPS 60
  • 61. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival REVENUE STREAMS 61
  • 62. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival KEY RESOURCES 62
  • 63. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival KEY ACTIVITIES 63
  • 64. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival KEY PARTNERS 64
  • 65. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival COST STRUCTURE 65
  • 66. customer segments key partners cost structure revenue streams channels customer relationships key activities key resources value proposition
  • 67. To Conclude
  • 68. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival To Create Wealth and Reach Competitiveness68 Strong Science and Discovery High Quality Education System Effective Research and Development
  • 69. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival To Create Wealth and Reach Competitiveness69 Innovative Ideas Inventors Entrepreneurs
  • 70. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival To Create Wealth and Reach Competitiveness70 Economical & Political Climate Economical policies Investment System
  • 71. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival To Create Wealth and Reach Competitiveness71 Business Business Model Startups
  • 72. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival To Create Wealth and Reach Competitiveness72 Go To Market Competitive Offering Capture Demand Create Employment Pay Tax Create Profitability Thus, wealth will be created and National Endeavor will be Reached
  • 73. Tech. & Innovation For Competitiveness By: Motaz Al-Agamawi2nd Egy Science Festival 73 thank you… 73 For More Information and Further Discussions Al-Motaz Bellah Alaa Al-Agamawi Email: magamawi@gmail.com Linkedin Profile: http://www.linkedin.com/in/motazalagamawi It will be my pleasure to continue the discussion with you through: SlideShare Profile: http://www.slideshare.net/magamawi