Open Innovation –tools and mechanisms :: Ilari Patrick Lindy


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  • Open Innovation –tools and mechanisms :: Ilari Patrick Lindy

    1. 1. Open Innovation – tools and mechanisms Caribbean Growth Forum – Fostering Innovation Cultures 18.6.2012, Kingston, Jamaica
    2. 2. Close ties with Nordic Countries: Population: 25 Million GDP per Capita: $63,647 UK Finlan d Poland Germany Russia Longest boarder with Russia Main channel of EU trade transport to Russia n Swede Dem Entry to North Europe: total: 80 million consumers Norwa y Iceland Close Ties with Baltic countries: •Estonia •Latvia •Lithuania GDP per capita doubled in 10 years
    3. 3. Science, technology & innovation system of Finland
    4. 4. Innovation is changing Entrepreneurs generate growth & new jobs Innovation is interactive process - empowering users, consumers, clients, employees etc to participate in process Innovation is global and its geography is shifting Innovation process opens up - new business models enable parallel competition & collaboration © Advansis 2010
    5. 5. New innovation engines enabling more inclusive innovation process are in need Co-creating Open Ecosystem for firms, academia and developers to generate entrepreneurial culture Co-creating with customers and users for better products & services Co-creating added value and better business models through shared /unused IPR © Advansis 2010
    6. 6. Co-creating Open Ecosystem for firms, academia and developers to generate entrepreneurial culture • Merger of Helsinki University of Technology, Helsinki School of Economics and University of Art and Design Helsinki in 2010 as one “Innovation University”. • Aalto University Foundation started with the additional “start-up funding”: Facilities + 200 m€ from industry + 500 m€ from the Government. • Synergy & Collaboration with student-led entrepreneurial activities at Campus.  Independent, privately funded  Independent, privately funded student and post-graduate led student and post-graduate led community initiative community initiative  Activities to encourage high-tech,  Activities to encourage high-tech, high-growth and scalable high-growth and scalable entrepreneurship entrepreneurship  Support for interdisciplinary and  Support for interdisciplinary and international co-operation in international co-operation in design and development design and development  Location for several courses,  Location for several courses, research projects and start-up research projects and start-up companies companies 6  700 m22 co-working space and  700 m co-working space and seed accelerator for hackers and seed accelerator for hackers and start-ups. start-ups.
    7. 7. Aalto Entrepreneurship Education Building Blocks School of Science 1. Aalto Ventures Program 2. Summer of Startups Aalto Venture 3. Startup Life Garage 4. Startup Sauna 5. Out to the Global Community!
    8. 8. Aalto Ventures Program (AVP) Inspiration, Insight, and Experience to Build Bold Ventures Aalto Ventures Program (AVP) develops and offers state-of-the-art education on scalable ventures and conducts scholarly research that has impact on teaching, research, and practice of venturing. The goal of AVP is to have a world-class venturing curriculum at Aalto University by 2013. AALTO UNIVERSITY Research and teaching Schools and departments Outreach, Tech Transfer etc. ACE Extracurricular activities AaltoES AVG Aalto ARTS Aalto ECON Aalto SCI AVP core AVP core faculty ++ faculty coordicoordination nation Aalto ELEC Aalto ENG Aalto CHEM
    9. 9. Summer of Startups – ”Intern Substitute” 10 weeks, 40 students, Global.
    10. 10. 10
    11. 11. Start-up Sauna 7 weeks, 400 applicants globally, 20 teams Coached by Serial Entrepreneurs
    12. 12. Co-creating with customers and users for better products/services Forum  Virium  Helsinki  New service innovations – in cooperation with companies, public sector organizations and citizens. 
    13. 13. Opening up public data Why? • Boosts the ecosystem as a whole by fostering new business opportunities, innovations and economic growth • Makes city governance more effective, saves public costs • Increases transparency
    14. 14. CitySDK • Software toolkit for developing digital services for pan-European city : opening up and harmonizing city interfaces, processes and standards. • To enhance the betweencity transfer of Smart City Applications in transport, tourism & citizen feedback. • Tested with users in reallife environments in different cities. “Write app for Helsinki, run it in Amsterdam”
    15. 15. Use case: Service Map of the city and feedback channel in a car navigator Whatever makes developer’s life easier faster take-up of services ”Whatever is needed to make developers’ life easier and development cycle fa
    16. 16. CitySDK The consortium consists of 23 partners in 9 European states. In addition to experienced SMEs, large ICT and media companies and research partners the consortium includes eight cities, five being the Capital cities/regions. HELSINKI MANCHESTER AMSTERDAM ROME LISSABON ISTANBUL BARCELONA LAMIA
    17. 17. • New Factory generates • concrete actions and results. • Demonstrations, prototypes, improvements, experiences, companies and jobs, knowledge, venture financing… • Co-creating added value and better business models through shared IPR A tool of experimental industrial policy and national innovation strategy A comprehensive programme for expediting the innovative activity Combines the multidisciplinary know-how in the Tampere region with agile and market-driven innovation work Functional machines: Demola, Protomo and Suuntaamo, new machines are prepared and developed as necessary
    18. 18. New Factory Further development channels Demola combines fresh ideas of students with needs and support from project partners to awesome demo products and services. Refines ideas and Demola project results to business! In Protomo you and other experts get a new chance to go forward in your career as developers of successful innovation and entrepreneurs. An open co-creation and user community in Tampere, providing user-base and user-centric methods for innovation projects, and a participation channel for citizens of the region.
    19. 19. What’s in it for the stakeholders?
    20. 20. Demola for students Project team membership is based on motivation, inspiration and skills! Demola provides • Collaboration and real world experience with leading companies, start-ups and public organisations • Inspiring atmosphere and New Factory facilities • An opportunity to get credit points and rewards
    21. 21. Demola for universities Demola is a practical and international learning environment • Real and current topics for project courses • Makes it possible to combine talented students from different universities to same teams! • 90+ % of students says that Demola project supports studies • BSc, MSc and PhD students are co-creating together! Enables agile collaboration between • Degree programmes • Competing universities and international partners • Education, industry, SMEs and start-ups
    22. 22. Why companies see Demola as a valuable tool? 1 Boosting R&D process with demos 2 They find Demola as a way to build sustainable university-business collaboration 3 They use Demola for ecosystem engagement 4 Attracting the best young talents
    23. 23. Demola results 2009 – 2011 • 900+ students • 30+ % international students • 72 % consider seriously to become an entrepreneur • 180+ projects • 96 % of completed projects licensed by project partners • 10+ % of students are headhunted • New start-ups, Protomo teams and co-founders • 450 000 € rewards to students • Check experiences from Demola projects on Youtube:
    24. 24. New engines: common Factors 1) focused on engaging users, consumers, citizens in a shared innovation process 2) new tools with no previous history 3) relatively inexpensive and quick to establish 4) focused on entrepreneurship 5) build on shared value-creation – win-wins 6) have local impact with view on global scalability 28
    25. 25. TAKE HOME MESSAGE: Innovation is not anymore defined solely by financial resources or industrial history but ability to engage stakeholders in a shared value development process. Where and when will you establish your open innovation platform? © Advansis 2010
    26. 26. Thank you. Ilari Patrick Lindy Senior ICT Policy Specialist, World Bank GICT E-mail: