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Technology and Innovation for Competitiveness Workshop

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Tech. & Innovation For Competitiveness2nd Egy Science Festival   By: Motaz Al-Agamawi

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Workshop Objective
2


    We will Discuss
      What is Meant by Technology?
      Understand the concept of Innovation.
...

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What is Meant by
 Technology?

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Technology and Innovation for Competitiveness Workshop

In this workshop, we are discussing the importance of technology and innovation for reaching competitiveness. Then competitiveness as the cornerstone for wealth creation both individuals and nations. Different concepts and techniques will be discussed and also framework will be stated.

In this workshop, we are discussing the importance of technology and innovation for reaching competitiveness. Then competitiveness as the cornerstone for wealth creation both individuals and nations. Different concepts and techniques will be discussed and also framework will be stated.

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Technology and Innovation for Competitiveness Workshop

  1. 1. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  2. 2. Workshop Objective 2 We will Discuss What is Meant by Technology? Understand the concept of Innovation. Competitiveness as the Cornerstone of Wealth Creation for Individuals and Nations. AND How we can structure all this together to reach Economical Endeavor? Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  3. 3. What is Meant by Technology?
  4. 4. Technology 4  Technology is the way we do things.  Technology is the means by which we accomplish objectives.  Is the knowledge applied in products, processes, tools, methods and systems used in meeting objectives and achieving a certain mission. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  5. 5. Technology 5 • The physical structure and logical Layout of the equipment Hardware. or machinery that is to be used to carry out the required tasks. • The knowledge of how to use the hardware in order to carry Software. out the required tasks. Brainware. • The reasons for using the technology in a particular way. • The practical knowledge of how to get Technology done. Know-how. • As opposed to “know-what” (facts), “know-why” (science). • Know-How is often a tacit knowledge. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  6. 6. Technology Classification 6 Which Is Which is Better? Worth? High Appropriate Technology Technology Emerging Medium Technology Technology New Low Technology Technology Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  7. 7. Technology Classification 7  We can not judge which is better or which is worth.  Acquiring which type of technology depends on many factors, including Appropriat  Objectives e  Available Resources Technolog  Available Skill Set y  Competitive Advantage … Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  8. 8. Technology and Its Proper Management is What Creates Wealth for Nations, Enterprises and Individuals. 8
  9. 9. Evolution by the Age of 9 Technology Electricity Nuclear Electronic Information Biotech Stone Age Bronze Age Iron Age Steam Age Space Age Age Age Age Age Age Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  10. 10. Our World Today 10  In the early 1990s  There has been more information produced in the last 30 years than during the previous 5,000. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  11. 11. Our World Today 11  More data will be generated over the next three years than in all of recorded history IBM- 2003 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  12. 12. Our World Today 12  The first practical industrial robot was introduced during the 1960’s.  By 1982 there were approximately 32,000 robots being used in the United States.  By 1992 there were over 20,000,000 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  13. 13. Our World Today 13  This pattern offers hard proof that we have entered a new era.  The “Industrial Age” has given way to the “Information Age”.  The “Information Age” has enabled the “Knowledge Age”. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  14. 14. Wealth Creation 14  We Must be Able to Integrate  Product Technology  Production Technology  Demands of the Marketplace Natural Product Production Customer Marketplace Resources Technology Technology Satisfaction It is when technology connects with the marketplace that wealth is created. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  15. 15. Exponential Growth 15 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  16. 16. Historically Speaking, scientific knowledge and technology progressed slowly until very recently. Only when science and technology started to interact and enforce one another did the real explosion in knowledge and technology development. 16
  17. 17. Dow Jones Industrial Average 17  20 Years  100 Point  50 Years  1000 Point 20 Years  5000 Point 10 Years  10000 Point Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  18. 18. Competitiveness is no longer a matter of choice but a matter of survival in a global marketplace 18
  19. 19. Importance of Technology to 19 Society Technology is indispensable part of society today. It is in the engine of our modern day lifestyles. Its existence in a society is synonymous with that society standards of living. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  20. 20. Importance of Technology to 20 Enterprise Is the core upon which most enterprises are built and organized to function. Successful enterprises are those that utilize appropriate technology. And manage technological change to gain an edge in the marketplace. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  21. 21. How we can create wealth from Technology?
  22. 22. How Technology Creates 22 Wealth?  It is only when technological development finds a market that the research and development effort is rewarded in economical-social terms.  Technological breakthroughs open new vistas for industrial development and economic growth. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  23. 23. Hence We need to Understand 23 What is Creativity, Invention and Innovation ? Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  24. 24. What is Creativity?
  25. 25. Definition of Creativity 25  Creativity  Is the ability to bring something new  Creativity is the ability not the activity of bringing something new. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  26. 26. What is Invention?
  27. 27. Definition of Invention 27  Invention  Is a unique or novel device, method, composition, process or discovery.  It may also be an improvement upon, or alternate means, of achieving an existing desired result or function.  Invention is the activity of bringing something new. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  28. 28. What is Innovation?
  29. 29. Definition of Innovation 29  Innovation  Is the process of doing new things.  The process of introducing the creative idea or invention to the market. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  30. 30. The Distinction between Creativity, 30 Invention and Innovation Perquisite of The ability to create Creativity Invention and something new. Innovation The creation of Results in new Invention Something new knowledge The Transformation Result in a new of an idea or product, service or Innovation resource into useful processes application Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  31. 31. The Distinction between Creativity, 31 Invention and Innovation If creativity is the seed that inspires entrepreneurship, innovation is the process of entrepreneurship. Drucker “Innovation… is the means by which the entrepreneur either creates new wealth-producing resources or endows existing resources with enhanced potential for creating wealth” It is important to recognize that innovation implies actions, not just conceiving new ideas. When people have passed through the illumination and verification stage of creativity, they may have become inventors, but they are Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  32. 32. Sequence of Discovery-Invention- 32 Innovation-Market May never be Inventio developed into marketable products n Scientifi Has No Instantaneous c Innovatio Adopting Invention commercial value Discover n y Market Buying or ignoring the Place innovation Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  33. 33. Sequence of Discovery-Invention- 33 Innovation-Market  Scientific Knowledge focus on natural phenomena is neutral on the question of how this knowledge may be used.  When we discuss science we mention scientific discoveries  But when we talk about technology, we mention technology innovation Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  34. 34. Technology and Creativity 34 Technology is an Expression of human Creativity. Managing Technology involves continuous effort in creating Technology, developing novel products and services, and successfully marketing them. It also requires an investment in Research and Development- R&D. R&D is a costly endeavor. It is a risky investment and therefore needs to be well managed. It is an investment in the future that can not be neglected, nor can its value be underestimated. Technology creation and exploitation require a chain of events, starting with inventions and end at the market place. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  35. 35. Types and Forms of Innovation 35 Type Forms Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  36. 36. Forms of Innovation 36 Companies Process Innovation Service Product Innovation Innovation Consumers Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  37. 37. Form of Innovation Examples 37 Type Innovation Product iPod Computer Mouse Services Social Networks Amazon Process Assembly Line Toyota Just In Time Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  38. 38. Types Of Innovation 38 Incremental Radical Innovation Innovation Low High Novelty Novelty Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  39. 39. Type Of Innovation Topology 39 Components/Core Degree of Novelty Concepts Reinforced Overturned Unchanged Incremental Modular Innovation Innovation System/Linka ge Architectural Radical Changed Innovation Innovation Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  40. 40. Change Associated with Type of 40 Innovation Innovation Component System Incremental Improved No Change Modular New No Change Architectural Improved New Configuration/ Architecture Radical New New Configuration/ Architecture Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  41. 41. Creativity and Innovation 41 Innovation is associated with the creation of value or the satisfaction of a customer need. Creativity is the engine of innovation. The essence of creativity is combining two or more ideas to arrive at an entirely new one. For Example, Henry Ford assembly line was based on combining the production of standardized parts, as a concept that had been introduced a century earlier, with the idea of bringing the parts to the worker rather than moving the worker to the parts. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  42. 42. Key People in the Technological Innovat 42 Creative Champion Sponsor Source • Inventor or Originator • Entrepreneur or • Person or organization that who creates something Manager who pursues backs innovation with new through personal the idea, providing finance, advice and contacts vision or effort. leadership for application A number of industrial studies reveal that for a technology innovation to succeed, there are three important people involved and seven important conditions to satisfy. The combination of these people and conditions satisfies the need for creativity and implementation. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  43. 43. Seven Conditions Required for Success 43 in Technological Innovation An outstanding person in an executive leadership position to support strategic decision that encourage creativity and innovation development. An operational leader to carry out the essential tasks of converting knowledge into a commercial application. A clear need for the application by sufficient potential consumers to warrant the commitment of resources to innovation. The realization of the product, process, or service as a useful innovation providing value to society. Good cooperation among the crucial players and among diversified functions in an organization, all of whom, together, must bring the idea to fruition. Availability of resources and the supporting technology to succeed in the endeavor. Cooperation and support from external source who can influence the success of an innovation, including government agencies, investors, supplier, and creditors. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  44. 44. Seven Conditions continue,… 44 In each instant of innovation, there has been an entrepreneurial champion who persisted in developing a creative idea into marketable application. In each instance, the entrepreneur has been able to recognize change and envision the opportunity. Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  45. 45. How we can be Competitive? And What is the Structure to Reach Economical Value and Create Wealth? 45
  46. 46. What’s A Company?
  47. 47. What’s A Company? 47 A business organization which sells a product or service in exchange for revenue and profit Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  48. 48. How Are Companies Organized?
  49. 49. How Are Companies 49 Organized? Companies are organized around Business Models Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  50. 50. What’s a Business Model?
  51. 51. What’s a Business Model? 51 A business model describes all the parts of the company necessary to make money Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  52. 52. What About My Technology?
  53. 53. What About My Technology? 53 Your technology is one of the many critical pieces necessary to build a company. It is part of the “Value Proposition” Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  54. 54. What About My Technology? Customers don’t care about your technology They are trying to solve a problem Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  55. 55. What’s A Startup?
  56. 56. What’s A Startup? 56 A startup is a temporary organization designed to search for a repeatable and scalable business model Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  57. 57. How to Build A Startup 57  Idea  Business Model  Size Opportunity  Customer Development Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  58. 58. A business model describes all the parts of the company necessary to make money
  59. 59. what are those parts? what parts is a business model composed of?
  60. 60. building blocks
  61. 61. 61 CUSTOMER SEGMENTS Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  62. 62. VALUE PROPOSITIONS 62 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  63. 63. CHANNELS 63 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  64. 64. CUSTOMER RELATIONSHIPS 64 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  65. 65. REVENUE STREAMS 65 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  66. 66. KEY RESOURCES 66 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  67. 67. KEY ACTIVITIES 67 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  68. 68. KEY PARTNERS 68 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  69. 69. COST STRUCTURE 69 Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  70. 70. key value proposition customer activities relationships key customer partners segments cost revenue structure key streams resources channels
  71. 71. To Conclude
  72. 72. To Create Wealth and Reach 72 Competitiveness Strong High Quality Effective Science and Education Research and System Development Discovery Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  73. 73. To Create Wealth and Reach 73 Competitiveness Innovative Inventors Entrepreneurs Ideas Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  74. 74. To Create Wealth and Reach 74 Competitiveness Economical Economical Investment & Political policies System Climate Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  75. 75. To Create Wealth and Reach 75 Competitiveness Business Business Model Startups Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  76. 76. To Create Wealth and Reach 76 Competitiveness Go To Competitive Capture Create Pay Tax Create Offering Demand Employment Profitability Market Thus, wealth will be created and National Endeavor will be Reached Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi
  77. 77. 77 thank you… For More Information and Further Discussions Al-Motaz Bellah Alaa Al-Agamawi Email: magamawi@gmail.com Linkedin Profile: http://www.linkedin.com/in/motazalagamawi It will be my pleasure to continue the discussion with you through: SlideShare Profile: http://www.slideshare.net/magamawi Tech. & Innovation For Competitiveness2nd Egy Science Festival By: Motaz Al-Agamawi

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