Transcript A summary of the workshop proceedings

Disruptive
Technologies
Turning Ideas into Wealth
Vancouver – June 5-6, 2003
Convergence
Computers
Networks
Biotech
Bits
Genes
Neurons
Atoms
Nanotech
Innovation Landscape
Research
Development
Marketing
Application
Science
Technology
Economic
Capability
Utility, value
wealth creation
•Where are you?
•Where do you want to go?
•How will you get there?
Opening Statements
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Benefits of technology to economic
development
Six (10) Countries programme
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Need for critical thinking
Mix of many players
Value of informality
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
Innovation in Organizations
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Overview of Christensen model
Real World
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Disruptive for whom?
Social and value innovations
Organizational inertia
Breaking from tradition
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
Technology Push
Demand Pull
Technologist Perspective
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No guarantees – technical risk
Skills are scarce – develop and retain
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Collaboration international (shared)
Important social component
Funding – public/private approaches
Nanotechnology
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
Quantum Computing
Innovation Strategy
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What would success look like?
Targets for:
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R&D
Public/Private participation
Skills development
Challenge:
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Resource
Competition
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
National Innovation Plan
Working the Numbers
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Innovation history in British firms
Considerable incremental innovation
Main hurdle: get beyond prototype
Importance of users
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Innovators tied to key customers
Wal-Mart drove US productivity
Marketing skills are critical
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Useful only if used
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
Customer Dependency
Managing National Technology
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Institutes bridge academic/industry gap
Taiwan: industry-centric
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Identify key products/capabilities
Develop technical infrastructure
Canada: knowledge-centric
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Support R&D
Develop commercialization strategies
Taiwan
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
Canada
Building Talent
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Internationally competitive challenge
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Brain drain
Chairs, scholarships, institutes
Global literacy – innovation does not exist in
vacuum
Civil society – contribution goes beyond
economics: commitment and purpose
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
I think, therefore I am.
Chuck Wessner and the Search for the
Innovation Grail in the Valley of Death
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Total research up
But …
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Close to market (lack of basic research)
Not balanced across disciplines
Big jump for security
Focus on allocative mechanisms – the
entrepreneurial environment is complex
Research
Development
Marketing
Application
Science
Technology
Capability
Utility
Successful Funding Programs (ATP)
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Extensive evaluation
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Before, During, After
VC sees this as a sign of approval
Firms welcome feedback
Competitive
Clarity of objectives
Research
Development
Marketing
Application
Science
Technology
Capability
Utility