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INNOVATION 
Workshop 
Emad Saif 
Center For Entrepreneurship, Qatar University
INNOVATION 
INNOVATION 
Lessons … 
Innovation? 
Why Innovate? 
Myths!
WHAT IS 
INNOVATION
Something New 
Economic Growth 
Inventors 
Entrepreneurs 
Technology 
Research 
Creating Value 
Ideas 
Money 
$ 
COOL! 
Pr...
“Implementing new ideas that create value” 
INNOVATION is … 
- Innovation Network, USA
So how is 
INVENTION ? 
INNOVATION 
different than
INVENTION 
Creating 
something new 
INNOVATION 
Placing product/service 
in a new context 
to create value 
Cycles
Example 
The Story of the Zipper 
• 
Elias Howe Patent for “Automatic Continuous Clothing Closure” 
• 
Focused on sewing m...
Forms of Innovation 
Product 
Process 
Service 
Value 
Business Model 
Market
GROUP EXERCISE
INNOVATE the PIZZA! 
Product 
Business Model 
Value 
Market 
Services 
Process 
Innovate your pizza business using any for...
• 
http://www.youtube.com/watch?feature=player_embedded&v=xT7zP-rT3kQ 
• 
http://qz.com/170463/this-is-the-worlds-best- de...
Disruptive Innovation 
New Market 
Existing Market 
Existing Technology 
New Technology 
Incremental/Sustaining 
Innovatio...
Disruptive Technology
Disruptive Technology - SKYPE
Disruptive Technology - SKYPE
MYTHS about 
INNOVATION
MYTH #1: Moment of Epiphany
Accumulated observations and trial & error
WD-40 = Water displacement 40th attempt
MYTH #2: The Lone Inventor 
Thomas Edison (1847-1931)
Previous Inventions 
Chosen Hero 
Invention from inspiration & collaboration
MYTH #3: Method for Innovation
CUSTOMERS 
MARKET 
PROTOTYPE 
SUPPLIERS 
IDEA 
INDUSTRY REGULATIONS 
LUCK 
TECHNOLOGY 
FUNDING 
INTELLECTUAL PROPERTY 
MAR...
MYTH #4: All Innovation is Good 
Alfred Nobel (1833-1896)
Safer Explosives in Mining 
War Destruction 
Innovation creates value, but to whom?!
MYTH #5: People Adopt New Ideas 
Galileo Galilei (1564-1642)
INNOVATION 
Rejection 
Adoption 
• 
Fear of trying new things 
• 
Costly to change 
• 
Politics 
• 
Time (20+ years) 
• 
E...
IMPORTANCE 
OF 
INNOVATION
Economic Growth 
Innovation creates economic growth
Creates better products & services
Increases productivity & lowers cost
Improves quality of life
Reduces waste in the environment
Explores new possibilities
Engages employees & unleashes creativity
Incubators & Accelerators & Innovation Centres
LESSONS 
FROM 
INNOVATION
Innovation offers value to customers in return for a reward
Innovation needs collaboration
Innovation takes time
Innovation needs hard work
Innovation faces rejection
Innovation needs love & faith
Read more about innovation …
“Never doubt that a small group of thoughtful, committed people can change the world.” 
Margaret Mead
THANK YOU! 
Emad Saif Center for Entrepreneurship QATAR UNIVERSITY emadsaif@qu.edu.qa
Innovation - GEW Qatar 2014
Innovation - GEW Qatar 2014
Innovation - GEW Qatar 2014
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Innovation - GEW Qatar 2014

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Grasping a better understanding of innovation and its various forms. Learning what innovation is and what is not by tackling famous myths about innovation. Understand the importance of innovation and lesson we can take a way.

Published in: Business

Innovation - GEW Qatar 2014

  1. 1. INNOVATION Workshop Emad Saif Center For Entrepreneurship, Qatar University
  2. 2. INNOVATION INNOVATION Lessons … Innovation? Why Innovate? Myths!
  3. 3. WHAT IS INNOVATION
  4. 4. Something New Economic Growth Inventors Entrepreneurs Technology Research Creating Value Ideas Money $ COOL! Products & Services BIG COMPANIES Art Culture
  5. 5. “Implementing new ideas that create value” INNOVATION is … - Innovation Network, USA
  6. 6. So how is INVENTION ? INNOVATION different than
  7. 7. INVENTION Creating something new INNOVATION Placing product/service in a new context to create value Cycles
  8. 8. Example The Story of the Zipper • Elias Howe Patent for “Automatic Continuous Clothing Closure” • Focused on sewing machine invention 1851 • Sundbäck received patent for "Separable Fastener” & manufactured at UFC • B. F. Goodrich Company used it on its rubber boots & tobacco pouches • Renamed the device “Zipper” 1917 • Defeated the “button” for promoting self-reliance for children & ease of use • Zipper started being used in clothes & fashion 1937 • Became a standard in clothing, luggage & leather goods • Most recent innovation of zippers opens from both ends Today • Judson invented “Clasp Lockers” • Walker, a business man helped him build “Universal Fastener Company” (UFC) & Judson improves design to “C-curity” 1893
  9. 9. Forms of Innovation Product Process Service Value Business Model Market
  10. 10. GROUP EXERCISE
  11. 11. INNOVATE the PIZZA! Product Business Model Value Market Services Process Innovate your pizza business using any form(s) of innovation How it generates revenue? What’s the idea & form(s) of innovation? What value is added to customer? 1 2 3 DELIVERABLES:
  12. 12. • http://www.youtube.com/watch?feature=player_embedded&v=xT7zP-rT3kQ • http://qz.com/170463/this-is-the-worlds-best- designed-pizza-box/ World’s Best Designed Pizza Box
  13. 13. Disruptive Innovation New Market Existing Market Existing Technology New Technology Incremental/Sustaining Innovation Disruptive Innovation Disruptive Innovation Breakthrough Innovation MARKET TECHNOLOGY
  14. 14. Disruptive Technology
  15. 15. Disruptive Technology - SKYPE
  16. 16. Disruptive Technology - SKYPE
  17. 17. MYTHS about INNOVATION
  18. 18. MYTH #1: Moment of Epiphany
  19. 19. Accumulated observations and trial & error
  20. 20. WD-40 = Water displacement 40th attempt
  21. 21. MYTH #2: The Lone Inventor Thomas Edison (1847-1931)
  22. 22. Previous Inventions Chosen Hero Invention from inspiration & collaboration
  23. 23. MYTH #3: Method for Innovation
  24. 24. CUSTOMERS MARKET PROTOTYPE SUPPLIERS IDEA INDUSTRY REGULATIONS LUCK TECHNOLOGY FUNDING INTELLECTUAL PROPERTY MARKETING INVESTORS TEAM TIMING Innovation is experimental & non-methodological
  25. 25. MYTH #4: All Innovation is Good Alfred Nobel (1833-1896)
  26. 26. Safer Explosives in Mining War Destruction Innovation creates value, but to whom?!
  27. 27. MYTH #5: People Adopt New Ideas Galileo Galilei (1564-1642)
  28. 28. INNOVATION Rejection Adoption • Fear of trying new things • Costly to change • Politics • Time (20+ years) • Early Adopters • Solves their problem • Majority of Users • Proven to work People naturally resist change
  29. 29. IMPORTANCE OF INNOVATION
  30. 30. Economic Growth Innovation creates economic growth
  31. 31. Creates better products & services
  32. 32. Increases productivity & lowers cost
  33. 33. Improves quality of life
  34. 34. Reduces waste in the environment
  35. 35. Explores new possibilities
  36. 36. Engages employees & unleashes creativity
  37. 37. Incubators & Accelerators & Innovation Centres
  38. 38. LESSONS FROM INNOVATION
  39. 39. Innovation offers value to customers in return for a reward
  40. 40. Innovation needs collaboration
  41. 41. Innovation takes time
  42. 42. Innovation needs hard work
  43. 43. Innovation faces rejection
  44. 44. Innovation needs love & faith
  45. 45. Read more about innovation …
  46. 46. “Never doubt that a small group of thoughtful, committed people can change the world.” Margaret Mead
  47. 47. THANK YOU! Emad Saif Center for Entrepreneurship QATAR UNIVERSITY emadsaif@qu.edu.qa

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