Technology and Innovation for Competitiveness Workshop

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

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?


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.

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.


Technology Classification
6

Which Is Which is
Better? Worth?

High Appropriate
Technology Technology

Emerging Medium

New Low


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
…

Technology and Its Proper
Management is What
Creates Wealth for
Nations, Enterprises and
Individuals.
8

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


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.


Our World Today
11

 More data will be generated
over the next three years than
in all of recorded history
IBM-
2003


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


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”.


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.

Exponential Growth
15


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

Dow Jones Industrial Average
17

 20 Years  100
Point
 50 Years 
1000 Point
20 Years  5000
Point
10 Years 
10000 Point


Competitiveness is no
longer a matter of choice
but a matter of survival in a
global marketplace
18

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.

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.

How we can create wealth
from Technology?

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.

Hence We need to Understand
23

What is
Creativity,
Invention
and Innovation ?


Definition of Creativity
25

 Creativity
 Is the ability to bring something new

 Creativity is the ability not the activity of
bringing something new.


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.

Definition of Innovation
29

 Innovation
 Is the process of doing new things.
 The process of introducing the
creative idea or invention to the
market.


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


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

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


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


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.

Types and Forms of Innovation
35

Type Forms


Forms of Innovation
36

Companies
Process
Innovation

Service Product
Innovation Innovation

Consumers

Form of Innovation Examples
37

Type Innovation
Product iPod
Computer Mouse
Services Social Networks
Amazon
Process Assembly Line
Toyota Just In Time


Types Of Innovation
38

Incremental Radical

Low High
Novelty Novelty

Type Of Innovation Topology
39

Components/Core
Degree of Novelty Concepts
Reinforced Overturned

Unchanged Incremental Modular

System/Linka
ge

Architectural Radical
Changed Innovation Innovation


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

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.


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.

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.

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.


How we can be Competitive?
And
What is the Structure to Reach
Economical Value and Create
Wealth?

45

What’s A Company?
47

A business organization which sells a
product or service in exchange for
revenue and profit


How Are Companies
49 Organized?
Companies are organized around
Business Models


What’s a Business Model?
51

A business model describes all the parts of
the company necessary to make money


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”


What About My Technology?
Customers don’t care about your
technology
They are trying to solve a problem


What’s A Startup?
56

A startup is a temporary organization
designed to search for a repeatable and
scalable business model


How to Build A Startup
57

 Idea
 Business Model
 Size Opportunity
 Customer Development


A business model describes all
the parts of the company
necessary to make money

what are those parts? what
parts is a business model
composed of?

61
CUSTOMER SEGMENTS


VALUE PROPOSITIONS
62


CHANNELS
63


CUSTOMER RELATIONSHIPS
64


REVENUE STREAMS
65


KEY RESOURCES
66


KEY ACTIVITIES
67


KEY PARTNERS
68


COST STRUCTURE
69


key value proposition customer
activities relationships

key customer
partners segments

cost revenue
structure key streams
resources channels

To Create Wealth and Reach
72
Competitiveness

Strong High Quality Effective
Science and Education Research and
System Development
Discovery


To Create Wealth and Reach
73
Competitiveness

Innovative Inventors Entrepreneurs
Ideas


Technology and Innovation for Competitiveness Workshop

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