Innovation and Entrepreneurship

12
INNOVATION AND ENTREPRENEURSHIP Jeya Wilson Commonwealth Business Forum October 2011

description

Presentation at Commonwealth Business Council, Perth, October 2011

Transcript of Innovation and Entrepreneurship

Page 1: Innovation and Entrepreneurship

INNOVATION AND ENTREPRENEURSHIP

Jeya Wilson

Commonwealth Business Forum

October 2011

Page 2: Innovation and Entrepreneurship

INNOVATION AND ENTREPRENEURSHIP

THE BASICS

Page 3: Innovation and Entrepreneurship

TYPES OF ENTREPRENEURSHIP

Small business/start up entrepreneurship

Corporate entrepreneurship

Social entrepreneurship

Page 4: Innovation and Entrepreneurship

SOCIAL ENTREPRENEURS

“Social entrepreneurs are not content just to give

a fish or teach how to fish. They will not rest

until they have revolutionized the fishing

industry.”

Bill Drayton, CEO, chair and founder of Ashoka, (Innovators

for the public)

Page 5: Innovation and Entrepreneurship

INNOVATION

PRODUCT

PROCESS

ORGANIZATION

Page 6: Innovation and Entrepreneurship
Page 7: Innovation and Entrepreneurship

SOME INNOVATIVE INNOVATION TERMINOLOGY

Disruptive innovation

Polycentric innovation

Reverse innovation

Frugal innovation

Page 8: Innovation and Entrepreneurship

GLOBAL INNOVATION INDEX 2011

Page 9: Innovation and Entrepreneurship

Commonwealth country Rank 2011

Rank 2010

Rank 2009

Singapore 3 7 5

Canada 8 12 11

United Kingdom 10 14 4

New Zealand 15 9 27

Australia 21 18 22

Cyprus 28 32 45

Malaysia 31 28 25

Mauritius 53 73 66

South Africa 59 51 43

Guyana 61 113 103

India 62 56 41Ghana 70 105 -

Trinidad and Tobago 72 55 65Brunei Darussalam 75 48 -

Namibia 78 92 95

Botswana 79 86 77

Source: Global Innovation Index 2011

Page 10: Innovation and Entrepreneurship

Commonwealth country

Rank 2011

Rank 2010

Rank 2009

Sri Lanka 82 79 58

Kenya 89 83 78

Jamaica 92 70 73

Nigeria 96 96 70

Bangladesh 97 120 111

Swaziland 101 - -

Cameroon 103 119 106

Tanzania 104 98 86

Pakistan 105 103 93

Uganda 106 108 100

Malawi 108 97 -

Rwanda 109 - -

Zambia 114 111 96

Source: Global Innovation Index 2011

Page 11: Innovation and Entrepreneurship

POINTS TO PONDER

Partnerships - Open innovation

Poaching and Piracy - Protection of IP

Trash to Treasure – Partnering the Informal

sector

Page 12: Innovation and Entrepreneurship

Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round

pegs in the square holes. The ones who see things differently. They're not fond

of rules. And they have no respect for the status quo. You can quote

them, disagree with them, glorify, or vilify them. About the only thing you can't

do is ignore them. Because they change things. They push the human race

forward. And while some may see them as the crazy ones, we see genius.

Because the people who are crazy enough to think they can change the

world, are the ones who do.(Apple Inc.)

You touched an ugly world of technology and made it beautiful.

R.I.P. Steve Jobs