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Innovation - in a business development perspective


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Innovation is simple but often misunderstood. Innovation = invention/idea + commercialization. Ideas are easy to get. Commercializing them is the trick bit.
I gave this presentation on Innovation to 300+ natural science students today. They are the future and should up front learn to avoid the common mistakes frequently occurring in practice and universities alike.
Enjoy the ride!
//Hans Eibe

Published in: Leadership & Management
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Innovation - in a business development perspective

  1. 1. Innova&on?
  2. 2. Innova&on = Inven&on?
  3. 3. Innova&on = Inven&on + Commercializa&on ehhh… commercialization?!
  4. 4. Commercializa&on: Always alterna&ve investments 4% (the bond), 14% (business), 40% (Start up) Inven&ons only weighed 1/6 in a business prospect Competence Customers Organiza&on Finance Reaching enough invoices paid by understanding
  5. 5. When did become an innova&on? Still pending ! – to my standards!
  6. 6. Forms and types of innova&on
  7. 7. Examples of innova&ons
  8. 8. Types of innova&ons a fivefold perfor- mance improvement along key customer needs or ! 30% or more in cost reduction. !
  9. 9. Innova&on = Inven&on + Commercializa&on STOP AND THINK! What invention will you aim for?! Competence Customers Organiza&on Finance How will you commercialize it?!
  10. 10. Q & A Thanks! ! ! …and good luck innovating! ! Hans Eibe!