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Transcript of Training Course: Leadership in Regional Innovation Paris, France September 21-23, 2005 Integrating...
Training Course: Training Course:
Leadership in Regional InnovationLeadership in Regional Innovation
Paris, FranceParis, FranceSeptember 21-23, 2005September 21-23, 2005
Integrating Company Strategies into Integrating Company Strategies into Regional Innovation StrategiesRegional Innovation Strategies
Dr. David V. Gibson, Associate Director Dr. David V. Gibson, Associate Director IC² Institute, The University of Texas at AustinIC² Institute, The University of Texas at Austin
www.ic2.orgwww.ic2.org
A Global ChallengeA Global Challenge
Education
Innovation
GovernmentIndustry
Creativity
T2
Mechanisms
Processes Metrics
Two Basic Forms Two Basic Forms of Technology of Technology
Transfer to Transfer to Commercial Commercial ApplicationsApplications
private sector
national labs
universities
consortia
Existing company
process application
R&D/Mfg.
Marketing/Sales
spin-out technologies
technologyincubation
private sector
national labs
universities
consortia
ROI
2
1
start-upcompany
But its ...
““So we went to Atari and said, ‘Hey So we went to Atari and said, ‘Hey we’ve got this amazing thing, even built we’ve got this amazing thing, even built with some of your parts, and what do with some of your parts, and what do you think about funding us? Or work you think about funding us? Or work for you.’ And they said, ‘No.’ So then for you.’ And they said, ‘No.’ So then we went to Hewlett-Packard and they we went to Hewlett-Packard and they said, ‘Hey, we don’t need you. You said, ‘Hey, we don’t need you. You haven’t gone through college yet.’”haven’t gone through college yet.’”
Apple Computer Inc. founder Steve Jobs on Apple Computer Inc. founder Steve Jobs on attempts to get Atari and HP interested attempts to get Atari and HP interested
in his and Steve Wozniak’s innovative in his and Steve Wozniak’s innovative technologytechnology
A Famous Quote on A Famous Quote on Innovation...Innovation...
Two Survival Strategies: Camel Versus RocketTwo Survival Strategies: Camel Versus Rocket
Fast-Paced Strategies/ Intentions
(Rockets)
Organic-PacedStrategies/ Intentions
(Camels)
Ideation Survival Growth(C
ash
Flow
) $
Ideation Survival Growth
Time(C
ash
Flow
) $
Time
Deadline for First Major External
Investment
Major Investment
$
$
$
Venture Mortality
© Darius Mahdjoubi, 2005
$
$
$
Startup
Enterprise activities can be categorized into Enterprise activities can be categorized into
four main groups: four main groups:
1.1. Technology: Technology: How to MakeHow to Make
2.2. Customer/Market: Customer/Market: How to SellHow to Sell
3.3. Human Resources: Human Resources: How to Recruit and How to Recruit and Retain employees Retain employees
4.4. Organization: Organization: How to manageHow to manage
The Innovation Iceberg ModelThe Innovation Iceberg Model
Customer/MarketDevelopment
Human Resources Development -(Learning and
Creativity)
TechnologyDevelopment/
Innovation
Organizational Development/
Change (Leadership)
• Like an iceberg, technology holds the most visible part of innovation and change
• Technology, however, it is not necessarily always the most important part.
• Examples: Dell, Southwest Airlines, Wal-Mart, Whole Foods
© Darius Mahdjoubi, 2005
Technology continues to shrink the Technology continues to shrink the world. There is no choice other than to world. There is no choice other than to participate in the global community. participate in the global community. Science and technology is too precious Science and technology is too precious a resource to be restricted from drawing a resource to be restricted from drawing the world together. That is what the 21the world together. That is what the 21stst Century is all aboutCentury is all about
Dr. George KozmetskyDr. George KozmetskyRemarks to company graduationat the Austin Technology Incubator,September 6, 1996
Austin Technology Incubator (ATI)Austin Technology Incubator (ATI)
• 65 companies launched• 10,000 jobs created (2,850
direct, 7,150 indirect)• $1.2 billion in revenue
generated • $500 million+ in VC and other
investments secured• TCN [Thecapitalnetwork.com]
• ATC [Austintechnology council.org]
• Clean Energy Incubator
AUSTIN TECHNOLOGY AUSTIN TECHNOLOGY INCUBATOR Building CompaniesINCUBATOR Building Companies
Factory LogicFactory Logic BMC SoftwareBMC Software
Input/OutputInput/OutputSun XSun X
Adv. EnergyAdv. EnergyNew Work Ass.New Work Ass.
CompuSeisCompuSeisHaystack LabsHaystack Labs
EvityEvity4 State Tech4 State Tech
Ampersand Ampersand ArtArt
ClockworkClockwork
Evolutionary Evolutionary TechnologiesTechnologies Applied ScienceApplied Science
FictionFiction
Chisolm TechChisolm Tech
Encore MedicalEncore MedicalPolo Polo Int’lInt’l
Utility CompositesUtility Composites
Key Concepts Gp. 5Key Concepts Gp. 5
DTM CorporationDTM Corporation
Corporate MemoryCorporate MemoryPolyDyne PolyDyne
DevelopmentDevelopment
TexasTexasResearchResearchInst. 100Inst. 100
Silicon MetricsSilicon Metrics
SkipstoneSkipstone
CEDRA CorpCEDRA Corp
UTUTAustinAustin
ATI
19891989
1990199019911991 19921992
19931993
199419941995199519961996
19981998
19991999
20002000
Crossing the Knowledge Transfer Crossing the Knowledge Transfer Gap with Know-HowGap with Know-How
Regional, National, Global Knowledge and Technology
• Government• Academic• Corporate
Regional, National, Global Knowledge and Technology
• Government• Academic• Corporate
Leveraging for Regional Firm
• Diversification• Expansion• New Formation
Leveraging for Regional Firm
• Diversification• Expansion• New Formation
Technology Commercialization with …Technology Commercialization with …• Market research know-how• Financial know-how• Legal know-how• Production know-how• Distribution, sales, and service know-how
GAPGAP
Ten Success Factors Ten Success Factors
Realistic and Success-Oriented
SME Selection Processes
SMEsSMEs
On-Site Entrepreneurial
Training and Education
Concise Program Milestones with
Clear Policies and Procedures
In-Kind Local Business Know-
How Support
Access to Global Financing and Capitalization Opportunities
Access to Capital and Markets
Motivated Champions
Access to Sufficient Computer and
Information Technologies
Regional Business, Academic, and
Community Support
Access to Global Entrepreneurial Know-
How Network