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Innovative Connections Mike Parsons and Mary Rose October 2010 1
About us ,[object Object]
Invisible on Everest : Innovation and the Gear Makers (2003)
We represent a ‘new combination’
Mike Parsons –businessman, Karrimor, OMM Ltd, Innovator in Residence, IEED
Mary Rose, academic, business historian
Innovation a result not an objective  2
Beyond Invisible on Everest ,[object Object]
Innovation Courses
Innovation for Extremes
www.innovation-for-extremes.net
A  OMM Ltd a business start-up 2005
IEED3
Overview What is innovation and why does it matter? Innovation 2010 Buzz Word Innovation is not new Innovation as a ‘Dance of Two Questions Innovation as new combinations  Innovation and Survival Innovation and Global warming 4
Why do governments promote innovation? ,[object Object]
Key to productivity growth and economic prosperity
International Competitive Advantage of nations, regions and firms
Competitive pressures and innovation5
What is innovation not?    ,[object Object],          6
What Innovation is not It is not just new technology 7
What Innovation is not ,[object Object],  ,[object Object]
NB the myth of solo inventors   ,[object Object],8
What innovation is not ,[object Object],  ,[object Object],9
Inventions v innovations  ,[object Object]
1-3% were successful
These we call innovations because they succeeded and were commercialised10
So how do inventions become innovations? ,[object Object]
Imagination to see new connections
People the heart of innovation
Networks of skill and knowledge from outside firm
Customers11
Innovators are not lone geniuses ,[object Object]
Knowledge and resource sharing    12
Innovation inside and outside companies Not just in R&D Departments of large companies 13
Where does innovation occur? ,[object Object]
Lead users
Collaboration with other companies
Collaboration with universities
Employees14
Networks and knowledge sharing ,[object Object]
Between individuals
Between firms
Between organisations15
Innovative connections ,[object Object]
‘ If I have seen further than other men, it is because I have stood on the shoulders of giants16
Innovative Connections Thomas Edison, Menlo Park, USA   creator of lighting system  not the lightbulb  Great networker; with  investors,  scientists, politicians  technicians,  manufacturers 17
Innovative Connections: Not just new knowledge ,[object Object],   André Malraux    quoted at the  BMW    Museum, Munich ,[object Object],18
Why is past important ? ,[object Object]
Combinations of old and new knowledge contribute to innovation19
Influence of past Innovative designs shaped by past knowledge and skills    Remington's First Typewriter 20
Influence of past  New combinations of old and new can be radical       Weaving Light                              21
Why might inventions not become innovations? ,[object Object]
High costs
Not user friendly
No market or user group
Ahead of international standards, eg. Fax Machine, 190722
Innovation is about more than new products ,[object Object]
Business models
Systems
Services23
McDonalds ,[object Object]
Did invent a system of standardised delivery
A process innovation24
[object Object]

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