what[is]innovation
Eduardo Reyes

innovation

entrepreneurship
business

Master in Innovation
Adolfo Ibáñez University (2012)

Business Engin...
I choose to study

innovation?
If an Engineer
can create
Ironman
A Master can
can improve it
innovation is

important?
Empowers the

HUMAN
development
Everyone can

INNOVATE
Problem
Only a few people knows
what is innovation
Outlines

[1] Innova… what?
[2] Examples
[3] Conclusion: personal interpretation
1

Innova… what?
Is this innovation?
What about this?
Is this
this innovation?
Is this
this innovation?
or
[1] Innovation is:
“…the implementation of a new or significantly
improved product (good or service), or process … in
busi...
[2] Innovation is:
"The continuing actions to create something new
(product, process, business model, etc..) That creates
...
create value
create value through new things
2

Examples
Example

Emerge Program
Situation
In the region of Antofagasta, mining
companies exploit the resources and
keep almost the totality of the incomes...
Problem
Some of the entrepreneurs don t have
enought money.
Opportunity!
RSE se valida y
genera valor a
la
organización

Direccionamos y
conducimos la
oferta en función
de la demanda...
Solution

www.redemprendedores.cl
impact
Increase
the entrepreneur's sell

%
innovation impact

people life
Example

Relining
Situation
When a mining company extract the
cooper, must transport it for
processing.
Problem
Some minerals has acids producing the
steel pipe s corrosion.
Patent Pending: US61/854,832

Solution
Deforming a plastic pipe. Then insert
it into the steel pipe.
Patent Pending: US61/854,832
impact
reduce
period of lining a pipe

81%

Estimation of working days in one lining operation period from the same operat...
impact
reduce
accidents and incidents

94%

Estimation of working days with respect days not worked by incidents or accide...
Are they the innovators?
NO! this guys are the innovators
people
PUSH the innovation
innovation
PUSH the people
3

Personal
interpretation
Innovation is:

PEOPLE creates value through
new things FOR THE PEOPLE
Thank you
Questions?
REFERENCES
- Boston Consulting Group
https://www.bcgperspectives.com/content/
articlesinnovation_growth_most_innovative_co...
What is innovation
What is innovation
What is innovation
What is innovation
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What is innovation

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This presentation is about the meaning of innovation. Includes 2 examples about social and technical innovation.

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What is innovation

  1. 1. what[is]innovation
  2. 2. Eduardo Reyes innovation entrepreneurship business Master in Innovation Adolfo Ibáñez University (2012) Business Engineer Alberto Hurtado University (2012) International Trade Engineer Metropolitan Technological University (1998)
  3. 3. I choose to study innovation?
  4. 4. If an Engineer can create Ironman
  5. 5. A Master can can improve it
  6. 6. innovation is important?
  7. 7. Empowers the HUMAN development
  8. 8. Everyone can INNOVATE
  9. 9. Problem Only a few people knows what is innovation
  10. 10. Outlines [1] Innova… what? [2] Examples [3] Conclusion: personal interpretation
  11. 11. 1 Innova… what?
  12. 12. Is this innovation?
  13. 13. What about this?
  14. 14. Is this this innovation?
  15. 15. Is this this innovation?
  16. 16. or
  17. 17. [1] Innovation is: “…the implementation of a new or significantly improved product (good or service), or process … in business practices, workplace organization or external relations”1 OSLO MANUAL
  18. 18. [2] Innovation is: "The continuing actions to create something new (product, process, business model, etc..) That creates value for a critical mass of users (clients) to break an existing standard and generates returns for the company"2 The Boston Consulting Group
  19. 19. create value
  20. 20. create value through new things
  21. 21. 2 Examples
  22. 22. Example Emerge Program
  23. 23. Situation In the region of Antofagasta, mining companies exploit the resources and keep almost the totality of the incomes.
  24. 24. Problem Some of the entrepreneurs don t have enought money.
  25. 25. Opportunity! RSE se valida y genera valor a la organización Direccionamos y conducimos la oferta en función de la demanda Catalizamos el proceso de conexión Nos encargamos de la selección Obtener reconocimiento de la comunidad, premios Aumentamos la “deseabilidad” de los productos y servicios Asegurar la continuidad operativa Resultados verificables, comprobables y simples CONSULTORIA: 1. Diagnostico Publicidad y buenos resultados en el Informe de Sustentabilidad No tener que pedir plata todos los años Generar mucho ahorro en $$$ Optimizar recursos, tiem po y dinero Organizar programas de emprendimiento y educación Evitar que hablen mal de la empresa 2. Definición de plataforma 3. Customización 4. Implementación Evitar conflictos con la comunidad La comunidad presiona por más recursos 5. Seguimiento 6. Evaluación Más cantidad y calidad de partners + Trabajo + Calidad + Impacto Emprendedores Seleccionamos a los proveedores locales Conectamos, catalizadores e inductores Hacemos seguimiento del proceso Aminoramos la asimetría de información Buscamos dónde colocar a los emprendedores No tiene métricas para evaluar sus resultados Necesita eficientar el presupuesto de RSE Entiende que capacitar no es su core No tienen proveedores de calidad Entiende que seleccionar no es su core Fuente de costos pero no de ingresos - Cobro por evento - Publicidad de Marca Buscar proveedores de calidad Mejorar condiciones comerciales, asegurar bajos costos
  26. 26. Solution www.redemprendedores.cl
  27. 27. impact Increase the entrepreneur's sell %
  28. 28. innovation impact people life
  29. 29. Example Relining
  30. 30. Situation When a mining company extract the cooper, must transport it for processing.
  31. 31. Problem Some minerals has acids producing the steel pipe s corrosion.
  32. 32. Patent Pending: US61/854,832 Solution Deforming a plastic pipe. Then insert it into the steel pipe.
  33. 33. Patent Pending: US61/854,832
  34. 34. impact reduce period of lining a pipe 81% Estimation of working days in one lining operation period from the same operation at the beginning of the project.
  35. 35. impact reduce accidents and incidents 94% Estimation of working days with respect days not worked by incidents or accidents
  36. 36. Are they the innovators?
  37. 37. NO! this guys are the innovators
  38. 38. people PUSH the innovation
  39. 39. innovation PUSH the people
  40. 40. 3 Personal interpretation
  41. 41. Innovation is: PEOPLE creates value through new things FOR THE PEOPLE
  42. 42. Thank you
  43. 43. Questions?
  44. 44. REFERENCES - Boston Consulting Group https://www.bcgperspectives.com/content/ articlesinnovation_growth_most_innovative_companies_2013_lessons_from_leaders/ - OSLO MANUAL, 2001 www.global-innovation.net/innovation/Innovation_Definitions.pdf - FRASCATI MANUAL, 2002 www.unze.ba/nauka/FRASCATI.pdf

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