World Academy of Art & Science                           TRIESTE FORUM 2013     Impact of Science and Technology on Societ...
The presentation will try to answer questions 2, 4, 5  • 1.  What should be the role of human capital in a comprehensive  ...
World Economic PerformanceWAAS Forum 2013
Less is More  Innovation moves from material to abstract“The principle of doing ever   more with ever less    Space, Time,...
Accelerating Returns«…. we wont experience 100years of progress in the 21st                                               ...
The Paradigms of the Knowledge Economy• Knowledge is wealth• Bigger doesnt always mean better• More opportunities• Less ce...
Start-ups & Innovative-SMEs   SMEs produce 24 times more innovation than large   companies for every invested $.          ...
New Entrepreneurs have big Social RoleMore than one third of new jobs come from new companies.  Turmoil and Growth: Young ...
The Boundaries of the Enterprise are Changing      Not only Entrepreneurs have a social role                       but als...
Evolution of Enterprise                      Enterprise                    without people                              Tim...
The "lights-out" Manufacturing is a Reality             where Robots do all the Work Fanucs 4,000-square-meter factories n...
Virtual Company                                The Hollywood                                   model:                     ...
Entrepreneurial Economy Traditional               vs.   Entrepreneurial• Small Business                 • Entrepreneurship...
Managed vs. Entrepreneurial Economy                      Social behavior•   Predictability                  •   Novelty•  ...
Social and Economic Evolution     Industrial triangle            Entrepreneurial quadrangle                 Large         ...
The last 150 years of Co-Evolution                                                                  Conceptual Age ATG    ...
Human Capital and Process Automation• Perhaps 80% of todays First World paycheck is paid  for by automation• Human contrib...
Automation Development always Creates Massive        Economic-Demographic Shifts• Automating of farming pushed people into...
Social Behavior : Homo Zappiens     HOMO ZAPPIENS           HOMO SAPIENS   TWITCH SPEED               CONVENTIONAL SPEED...
Technology: Web 2.0, Cloud Computing & Big Datanew powerful and “cheap” tools especially for newcomers• Networking proof!•...
Thank you for your attention                                     "In a time of change, it                                 ...
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WAAS Forum Trieste 2013

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WAAS Forum Trieste 2013

  1. 1. World Academy of Art & Science TRIESTE FORUM 2013 Impact of Science and Technology on Society and Economy The role of Technological Innovation in the evolution of the Enterprises and the future of Employment Roberto Siagri Trieste, 5-6 . 3 . 2013WAAS Forum 2013
  2. 2. The presentation will try to answer questions 2, 4, 5 • 1. What should be the role of human capital in a comprehensive approach to human welfare and well-being? • 2. What should be the role of human capital in assuring sustainable development? • 3. How to describe and quantify the untapped human capital? • 4. How to increase human capital - the role of individual and collective activity, education, health: local and global? • 5. How should global and local political orders be altered in order to adequately harness and develop the potentials of human capital? • 6. How should global and local legal systems be modified in order to more fully tap the potentials of human capital? • 7. What should be the broad outlines of a human capital-based development strategy and what essential conditions need to be met to implement such a strategy? WAAS Forum 2013
  3. 3. World Economic PerformanceWAAS Forum 2013
  4. 4. Less is More Innovation moves from material to abstract“The principle of doing ever more with ever less Space, Time, Matter and Energy per each given level of R. Buckminster Fuller 1895 - 1983 functional performance” This trend has also been called: “Ephemeralization”, “Virtualization,” “Weightlessness” WAAS Forum 2013
  5. 5. Accelerating Returns«…. we wont experience 100years of progress in the 21st Hyperbolic-century; Appearing Phaseit will be more like 20,000 yearsof progress - at todays rate.» Exponential-Appearing Phase EP Linear-Appearing PhaseRay Kurzweil WAAS Forum 2013 5
  6. 6. The Paradigms of the Knowledge Economy• Knowledge is wealth• Bigger doesnt always mean better• More opportunities• Less certainties• Everything happens faster• Everything is exponential• Demand comes in surges• ReturnOnIdea is the greatest ever WAAS Forum 2013
  7. 7. Start-ups & Innovative-SMEs SMEs produce 24 times more innovation than large companies for every invested $. Source: Doyle, Wong marketing and competitive performance Large companies need from 3 to 10 times more time than SMEs to develop the same new products. Source: National Science Foundation (USA) SME R&D spending overall has grown 10 times as fast as large-company spending over 24 years (1981-2005). Source: H. Chesbrough, Haas School of Business, Univ, Berkeley WAAS Forum 2013Photo Credits: Martin Whitmore 7
  8. 8. New Entrepreneurs have big Social RoleMore than one third of new jobs come from new companies. Turmoil and Growth: Young Businesses, Economic Churning, and Productivity Gains, Jun. 2008 From 1980 to 2005, companies born in the previous 5 years generated the whole net job growth in the US. Business Dynamics Statistics Briefing: Jobs Created from Business Startups in US, Jan. 09    The Entrepreneurial Economy: Qi  K i Li Ri EiNeed Entrepreneurship Policies• Universities as Engines of Economic Development• Technology Transfer & Commercialization• Private-Public Partnerships WAAS Forum 2013
  9. 9. The Boundaries of the Enterprise are Changing Not only Entrepreneurs have a social role but also an Enterpreneurial attitude has a big impact in society “workers need to think of their careers as their own small businesses” JAMES FLANIGAN, New York Times, 14 ottobre 2009 WAAS Forum 2013 Photo Credits: jairoagua
  10. 10. Evolution of Enterprise Enterprise without people Time these are existing today ...???.....Virtual Enterprise: core mgt + project teamTraditional Enterprise : full time employees WAAS Forum 2013
  11. 11. The "lights-out" Manufacturing is a Reality where Robots do all the Work Fanucs 4,000-square-meter factories near Mt. Fuji, robots are building otherrobots at a rate of about 50 per 24-hour shift and can run unsupervised for as long as 30 days at a time C. Null and B. Caulfield WAAS Forum 2013 June 1, 2003 - Business 2.0 11
  12. 12. Virtual Company The Hollywood model: small expert teams independent with a great deal of connections Source:WAAS Forum 2013 http://kotaku.com/gaming/business/copying- the-hollywood-business-model-239845.php
  13. 13. Entrepreneurial Economy Traditional vs. Entrepreneurial• Small Business • Entrepreneurship• Stability (Low Startup • Turbulence (High and Exit Rates) Startup and Exit Rates)• Low R&D • High R&D• Low Human Capital • High Human Capital• Low Growth • High Growth Source: David B. Audretsch WAAS Forum 2013 Institute for Development Strategies Indiana University
  14. 14. Managed vs. Entrepreneurial Economy Social behavior• Predictability • Novelty• Conformity • Originality• Obedience • Creativity• Deference to Authority • Challenging of Authority• Homogeneity • Diversity Public Policy• Constraining • Enabling• Centralized at National Level • Decentralized at Local Level• Public Ownership, Regulation • Creation & Commercialization of Knowledge David B. Audretsch WAAS Forum 2013 Institute for Development Strategies Indiana University
  15. 15. Social and Economic Evolution Industrial triangle Entrepreneurial quadrangle Large Start-ups Large Enterprise SME Enterprises Personal Finance Shareholders Business Angels Debt Venture Capital VITUOUS CIRCLE STALL Tuition fees Public funding Taxes DonationsUnions State Universities State Source: Carl Schram, WAAS Forum 2013 Kauffman Foundation
  16. 16. The last 150 years of Co-Evolution Conceptual Age ATG (Creators and Affluence Empathizers) Technology Globalization Information Age (Knowledge Workers) Industrial Age (Factory Workers) Agricultural Age (Farmers)18th Century 19th Century 20th Century 21st Century WAAS Forum 2013 Daniel H. Pink A Whole New Mind
  17. 17. Human Capital and Process Automation• Perhaps 80% of todays First World paycheck is paid for by automation• Human contribution (20%?) to a First World job is: Social Value of Employment + Creativity + Education• Developing countries are next in line (sooner or later).• Continual education is the true job descriptions for all human beings. WAAS Forum 2013 Source : J. Smart, Accelerating.org
  18. 18. Automation Development always Creates Massive Economic-Demographic Shifts• Automating of farming pushed people into factories (1820, 80% of us were farmers, 2% today)• Automating of factories is pushing people into service (1947, 35% were in factories, 14% today)• Automating of service is pushing people into service networks (Web 2.0, Web 3.0) (2003, 65% of GDP is service industry)• Automating of networks will push people into collective/self-expression (symbionts)• Automating individual and group values will push people into self- actualization (digital twins)• Automating of self-actualization will push people beyond biology (“transhumanity”) 18 Source : J. Smart, Accelerating.org WAAS Forum 2013
  19. 19. Social Behavior : Homo Zappiens HOMO ZAPPIENS HOMO SAPIENS  TWITCH SPEED  CONVENTIONAL SPEED  MULTI TASKING  MONO TASKING  NON LINEAR APPROACHES  LINEAR APPROACHES  ICONIC SKILLS FIRST  READING SKILLS FIRST  CONNECTED  STAND ALONE  COLLABORATIVE  COMPETITIVE  ACTIVE  PASSIVE  LEARNING BY EXTERNALISING  LEARNING BY INTERNALISING  INSTANT PAYOFF  PATIENCE  FANTASY  REALITY HOMO ZAPPIENS!WAAS Forum 2013 Learning Strategies of Students in a Digital Era Prof.Dr. Wim Veen DUDelft
  20. 20. Technology: Web 2.0, Cloud Computing & Big Datanew powerful and “cheap” tools especially for newcomers• Networking proof!• No need to be big• Enabler to capture new opportunities• Ready when things happen faster & exponential• Maximize your ReturnOnIdea WAAS Forum 2013
  21. 21. Thank you for your attention "In a time of change, it is learners who inherit the future. The learned find themselves well equipped to live in a world that no longer exists." Eric Hoffer WAAS Forum 2013 Phooto Credits: CollegeDegrees360

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