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Virginia in the Global Innovation Age
PRESENTATION BY: Egils Milbergs Accelerating Innovation Foundation
July 26, 2006 Richmond, Virginia
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Virginia in the Global Innovation Age PRESENTATION BY: Egils - - PowerPoint PPT Presentation
Virginia in the Global Innovation Age PRESENTATION BY: Egils - - PowerPoint PPT Presentation
Virginia in the Global Innovation Age PRESENTATION BY: Egils Milbergs Accelerating Innovation Foundation July 26, 2006 Richmond, Virginia 2 The Next Innovation Wave FIVE TECHNOLOGICAL REVOLUTIONS IN 200 YEARS The Industrial
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FIVE TECHNOLOGICAL REVOLUTIONS IN 200 YEARS
The The ‘ ‘Industrial Revolution Industrial Revolution’ ’
1771 1771
Age of Steam and Railways Age of Steam and Railways
1829 1829
Age of Steel, Electricity and Heavy Engineering Age of Steel, Electricity and Heavy Engineering
1875 1875
Age of Oil, the Automobile and Mass Production Age of Oil, the Automobile and Mass Production
1908 1908
Age of Information and Telecommunications Age of Information and Telecommunications
1971 1971
Age of Bio, Nano and Cogno Age of Bio, Nano and Cogno?
?
20?? 20??
Source: Perez
Center for Accelerating Innovation
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Center for Accelerating Innovation
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Innovation Model has Shifted
Development
Linear Model Dynamic Ecosystem
Research Commercialization
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New Innovation Perspective
Open Ecosystem Model Closed Linear Model
Self Organizing Relationships Hierarchical Governance Multi-disciplinary Single Discipline Share and Expand IP Own and Protect IP Expanding into New Markets Current Markets Optimizing Value Optimizing Cost Sense and Respond Forecast to Demand Active Co-Innovators Passive Customers Best From Anywhere Not Invented Here
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Innovation Ecosystem
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Where Are Virginia’s Innovation Capabilities?
Basic Research Core Technologies Production Networks
Users
Early stage Demand Products Services Feedback
Employment Potential
Valley of Death
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Regional Transformation
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How Innovation Ecosystems Evolve
Growth Node Innovation Ecosystem Nascent Cluster Virtual Cluster
Trajectory
None or few firms Growth potential Few to many firms Fast growth Key linkages Virtualized functions Accelerated collaboration Many nodes Dense linkages Network to Network
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Thank You
Egils Milbergs emilbergs@msn.com www.innovationecosystems.com www.innovate.typepad.com 202.256.5506