Tugiad Sept25
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Tugiad Sept25






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Tugiad Sept25 Tugiad Sept25 Presentation Transcript

  • From Ideas to the Market : Dynamics of Innovation A. Mete ÇAKMAKCI Technology Development Foundation of Turkey TUGİAD Meeeting : “New and Renewable Business” İstanbul, 25 September 2009
  • Mobilizing Innovation “ Business selling low-carbon goods and services now generate more revenue than the aerospace and defence sectors combined...” – Financial Times , Sept. 18, 2009 “ If we can bring “chip guys” together with “engine guys” then we can open the way for developing the clean, software-rich car of the future” … “Such breakthroughs happen only when conventional wisdom is ignored and cross-fertilisation through ‘managed conflict’ is encouraged. ” – Vinod Khosla
  • New Inspirations for Innovation Innovation and technology will help us develop an inclusive and responsible society. World’s most water efficient hygiene products. World’s most advanced intelligent non-invasive orthopaedics .
  • A Definition of Innovation Creating new VALUE using/utilizing existing/available KNOWLEDGE
  • Characteristics of Innovation
    • Innovation does not involve the knowledge creation process.
    • Innovation is opportunistic and takes initiative. (Therefore often associated with entreprenuership – how about intrapreneurship?)
    • Value is a perception (hence the dynamic nature of innovation) Often times, most valueable innovations are `non-technical’
    • Innovation involves acquisition/processing of knowledge (‘experience’ and ‘access’ needed?)
    • Knowledge (not necessarily technical or scientific) is the main barrier to/frontier of innovation.
  • The Process of Innovation Innovation is a dynamic problem of interrelated processes and disciplines.
  • Nesting for Innovation Innovation takes systematic patience : after 2 years of hard work and 500 K USD of investment ...
  • Managing Innovation Source : Rouvinen and Yla-Anttila, ‘Little Finland’s Transformation to a Wireless Giant’ Managing change is a multi-dimensional innovation problem.
  • Global Map of Innovation Source : Tim Gulden, UMD, Richard Florida, U of T, Pekka Himanen, HIIT , 2005 Patent s Publications
  • Open Innovation
  • Crowdsourcing for Innovation
    • “ Crowdsourcing” is a term for the
    • act of taking tasks traditionally
    • performed by an employee or
    • formal contractor, and assigning it
    • to an undefined, generally large
    • group of people or community
    • in the form of an open call. It is a
    • distributed problem-solving
    • and production model. Problems
    • are broadcast to an unknown
    • group of solvers in the form of an
    • open call for solutions.
  • UserDriven Innovation
    • “ User innovation” refers to
    • innovation driven by end users,
    • rather than suppliers or the
    • manufacturer. Products are
    • developed to meet the widest
    • possible need; when individual
    • users face problems that the
    • majority of consumers do not,
    • they have no choice but to develop
    • their own modifications to existing
    • products, or entirely new products,
    • to solve their issues.
  • Innovation Branding
  • Networks of Innovation Regions Source : 2007 Index of Silicon Valley
  • Implications for Public Policy
    • Dynamics of innovation is constantly evolving at a global scale
    • Fast and cheap access to information at a global scale facilitates diffusion of innovations through global communities/eco-systems of innovation.
    • Static/classical support-supply push model of public policy is becoming less and less irrelevant.
    • Public agents should adopt changing and flexible roles, with the priority of developing sustainable private structures, as equal and value adding partners.
    • Public programs should support ‘smart money’ with the right dose of persistent thematic prioritization.