23
Strategies for the Global Innovation Age Presentation by: Egils Milbergs Center for Accelerating Innovation January 11, 2007 Westminister, Maryland

Strategies for the Global Innovation Age - Channeling … · Strategies for the Global Innovation Age Presentation by: Egils Milbergs Center for Accelerating Innovation January 11,

Embed Size (px)

Citation preview

Strategies for the Global Innovation Age

Presentation by:Egils Milbergs

Center for Accelerating InnovationJanuary 11, 2007

Westminister, Maryland

3Center for Accelerating Innovation

4

Potential Redistribution of Economic Power?

China Overtakes the G3; India is Close Behind

Source: Goldman Sachs, Report 99

Germany

20000

50000

25000

2010 2020 2030 2040 2050

US

China

India

Japan

GDP ’03US$bn

5Center for Accelerating Innovation

6

PDA

Cell phone

PC

Percent of U.S. households with:100%

90%

80%

70%

60%

50%

40%

30%

20%

10%

0%0 10 20 30 40 50 60 70 80 90 100 110 120Years since product invented

Television

Radio

ElectricityTelephone

Air Travel

Automobile

Innovation is Accelerating

Internet

Sources: J. Gerry Purdy’s presentation “The Next 50 Years in Mobile and Wireless” at Silicon Ventures, Trade press, Industry sources

7Center for Accelerating Innovation

FIVE TECHNOLOGICAL REVOLUTIONS IN 230 YEARSThe The ‘‘Industrial RevolutionIndustrial Revolution’’17711771

Age of Steam and RailwaysAge of Steam and Railways18291829

Age of Steel, Electricity and Heavy EngineeringAge of Steel, Electricity and Heavy Engineering18751875

Age of Oil, the Automobile and Mass ProductionAge of Oil, the Automobile and Mass Production19081908

Age of Information and TelecommunicationsAge of Information and Telecommunications19711971

Age of Bio, Age of Bio, NanoNano and and CognoCogno??20??20??

Source: Perez

9

Innovation Shifting from Inputs to Orchestration

Linear Model Dynamic Ecosystem

Development

Research

Commercialization

New Innovation PerspectiveClosed Linear Model Open Ecosystem

ModelNot Invented Here Best From Anywhere

Passive Customers Active Co-Innovators

Forecast to Demand Sense and Respond

Optimizing Cost Optimizing Value

Current Markets Expanding into New Markets

Own and Protect IP Share and Expand IP

Single Discipline Multi-disciplinary

Hierarchical Governance Self Organizing Relationships

10

Innovation EcosystemMajor Subsystems and Linkages

KnowledgeInputs

BusinessModel

Process

Product/ServiceApplications

Value MarketDemand

Macro-EconomicConditions

National Mindset

Public Policies

Infrastructure11

Innovation Inside the IPOD

Micro Hard DriveStorage

Lithium-IonBattery

High Res LCDDisplay

Signal Compression

DRAM Cache

12

Innovation Outside the IPODI-Tunes Integration

13

Branding

MultipleDigital Services

IP ContentProtection

Supply Chain

Marketing/Pricing

ComplementaryProducts

Customer Support

Design

Customization Upgrades

14

Innovation Hotspots

CambridgeMontrealPortland

EdinburghAtlanta

StockholmOrlando

SingaporeDubai

New YorkBangaloreShanghai

Silicon Valley15

The Rockford Innovation Initiative

16

Education

Government Industry

17

INNOVATION ECOSYSTEMConversation Café focused on the

Rock River Valley region as an Innovation Hotspot

The creative class meets to define and make action for improving the Innovation Ecosystem. Results at

18

INNOVATION ECOSYSTEM

Conversation Café focused on development of an Innovation Hotspot

Graphic Illustration of the forum19

IndustryEducation

Government

Relationship Spaghetti 20

Innovation Ecosystems Evolve

Growth Node

InnovationEcosystem

Nascent Cluster

Virtual Cluster

Trajectory

Few to many firmsFast growthKey linkages

Virtualized functionsAccelerated collaboration

Many nodesDense linkagesNetwork to Network

None or few firmsGrowth potential 21

Concluding Points• US innovation policy is an incomplete

cocktail—boosting inputs not outcomes.• Toward a value creation strategy.• Real results require experimenting with

new regional innovation models –designed outside the Beltway.

• Innovation Vital Signs also essential to inform strategy and policy.

22