This document discusses innovation ecosystems and their role in social and economic development. It notes that an innovation system consists of organizations like universities, R&D centers, financiers, entrepreneurs, firms, and think tanks working together in a network. It provides examples of businesses creating shared value through innovations that benefit both profits and social outcomes. The document argues that reconceiving products, redefining value chains, and developing clusters could help address key social development issues like poverty, disability, and illiteracy.

1. Innovation
Ecosystems that
Keep on Giving
Trinidad and Tobago ICT
Business & Innovation
Symposium
18 – 20 November 2012
Port of Spain
Kim Mallalieu
UWI, St. Augustine

2. The End Game
“To enhance the social, economic
and cultural development of the
people of Trinidad and Tobago”

3. Who pays?

4. An innovation system
consists of a network
of organizations and
processes … central to
this … universities,
R&D Centres, public &
private sector
financiers,
entrepreneurs, firms,
innovation centres
and think tanks.
- eTeck
http://www.eteck.co.tt/1content/en/e_news.aspx?articleid=527&zoneid=89 http://www.channelingreality.com/CORE/innovation_agenda.htm

5. Business
registering property,
cross-border trading,
Innovation
Establishment of
protecting investors,
financial education
enforcing contracts,
and business
resolving insolvency,
innovation centres
construction permits,
paying taxes, credit
Society
Support for sporting
activities;
employment,
edu’ion, motivational
progs, counselling,
Life-Support
programme, Hoop-
for-Life

6. Business Innovation
Optimum
Point
Society

7. Creating Shared Value Examples
Reduced Wellness
packaging & programmes: Nestlé,
delivery routes: GE,
1. Improved InterContinental
1. Lowered carbon employee health Hotel Group
emissions 2. Saved $250m
etc
2. Saved $200m on health care
costs

8. Optimization:
Competitive business advantage
with
tangible and realizable profit gains
through
innovations
that
yield social development outcomes

9. 22%
F’y Illiterate
MED
17%
Other Poor Functionally
57% Illiterate & Poor
Disabled 22%
0.3% 4%
Imprisoned 4%
HIGH Disabled
Other
74%
22%
F’y Illiterate
LOW
Other Poor
51% Exclusion = Key
Disabled
17% social development
Imprisoned
issue
.3% 10%

11. Fisheries
Division

12. * Strategic competence
* New producers
* Socio-technical competence
* New / expanded/ more
efficient ecosystems
* Informational competence
* New market for services
* Other key engagements
* Instrumental competence
* New market for devices
* Other key engagements

13. 22%
1. Reconceive products &
F’y Illiterate
markets
MED
Other
17% 2. Redefine Productivity in Value
Poor
57% Chain
3. Develop clusters
Disabled
0.3% 4% Poverty
Imprisoned US, CAN Disability
Illiteracy 4%GDP Global
(SD) > 6%GDP
1%GDP
Opportunity Costs 89%
are too high

14. Our Current Focus
1. Measurement frameworks as
design tools
2. Inclusive design.

15. Thank you kindly