Disruptive Technologies

1
Disruptive Technologies

• Turning Ideas into Wealth
• Vancouver June 5-6, 2003

2
Convergence
3
Innovation Landscape
Research Development Marketing Application
Science Technology EconomicCapability Utility, valuewealth creation

• Where are you?
• Where do you want to go?
• How will you get there?

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Opening Statements

• Benefits of technology to economic development
• Six (10) Countries programme
• Need for critical thinking
• Mix of many players
• Value of informality

Research Development Marketing Application
Science Technology Capability Utility
5
Innovation in Organizations

• Overview of Christensen model
• Real World
• Disruptive for whom?
• Social and value innovations
• Organizational inertia
• Breaking from tradition

Research Development Marketing Application
Science Technology Capability Utility
Technology Push
Demand Pull
6
Technologist Perspective

• No guarantees technical risk
• Skills are scarce develop and retain
• Collaboration international (shared)
• Important social component
• Funding public/private approaches

Nanotechnology
Research Development Marketing Application
Science Technology Capability Utility
Quantum Computing
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Innovation Strategy

• What would success look like?
• Targets for
• RD
• Public/Private participation
• Skills development
• Challenge
• Resource
• Competition

Research Development Marketing Application
Science Technology Capability Utility
National Innovation Plan
8
Working the Numbers

• Innovation history in British firms
• Considerable incremental innovation
• Main hurdle get beyond prototype
• Importance of users
• Innovators tied to key customers
• Wal-Mart drove US productivity
• Marketing skills are critical
• Useful only if used

Research Development Marketing Application
Science Technology Capability Utility
Customer Dependency
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Managing National Technology

• Institutes bridge academic/industry gap
• Taiwan industry-centric
• Identify key products/capabilities
• Develop technical infrastructure
• Canada knowledge-centric
• Support RD
• Develop commercialization strategies

Taiwan
Research Development Marketing Application
Science Technology Capability Utility
Canada
10
Building Talent

• Internationally competitive challenge
• 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.
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Chuck Wessner and the Search for the Innovation
Grail in the Valley of Death

• Total research up
• But
• 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
12
Successful Funding Programs (ATP)

• Extensive evaluation
• 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