Innovation eco systems that keep on giving 18 november 2012

15
Innovation Ecosystems that Keep on Giving Trinidad and Tobago ICT Business & Innovation Symposium 18 – 20 November 2012 Port of Spain Kim Mallalieu UWI, St. Augustine

Transcript of Innovation eco systems that keep on giving 18 november 2012

Page 1: Innovation eco systems that keep on giving 18 november 2012

Inno

vatio

n Ec

osys

tem

s th

at

Keep

on

Giv

ing

Trinidad and Tobago ICT Business & Innovation

Symposium 18 – 20 November 2012

Port of Spain

Kim MallalieuUWI, St. Augustine

Page 2: Innovation eco systems that keep on giving 18 november 2012

The End Game

“To enhance the social, economic

and cultural development of the

people of Trinidad and Tobago”

Page 3: Innovation eco systems that keep on giving 18 november 2012

Who pays?

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http://www.channelingreality.com/CORE/innovation_agenda.htm

An innovation system consists of a network of organizations and processes … central to this … universities, R&D Centres, public & private sector financiers, entrepreneurs, firms, innovation centres and think tanks.

- eTeck

http://www.eteck.co.tt/1content/en/e_news.aspx?articleid=527&zoneid=89

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Businessregistering property, cross-border trading, protecting investors, enforcing contracts, resolving insolvency, construction permits, paying taxes, credit

InnovationEstablishment of

financial education and business

innovation centres

SocietySupport for sporting

activities; employment,

edu’ion, motivational progs, counselling,

Life-Support programme, Hoop-

for-Life

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Business

Society

InnovationOptimum

Point

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Creating Shared Value Examples

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Optimization:

Competitive business advantage

with

tangible and realizable profit gains

through

innovations

that

yield social development outcomes

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22%

17%

4%0.3%

MED

Other

57%

22%

17%10%.3%

LOWOther 51%

F’y Illiterate

Disabled

Poor

Imprisoned

F’y Illiterate

Poor

Disabled

Imprisoned

22% 4

%HIGHOther 74%

Functionally Illiterate & Poor

Disabled

Exclusion = Key social development

issue

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* Instrumental competence* New market for devices* Other key engagements

* Informational competence* New market for services* Other key engagements

* Socio-technical competence* New / expanded/ more efficient ecosystems

* Strategic competence* New producers

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Opportunity Costs are too high

Illiteracy (SD) > 1%GDP

Poverty US, CAN4%GDP

Dis-ability Globa

l 6%GD

P

89%

22%

17%

4%0.3%

MED

Other

57%

F’y Illiterate

Poor

Disabled

Imprisoned

1. Reconceive products & markets

2. Redefine Productivity in Value Chain

3. Develop clusters

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Our Current Focus

1. Measurement frameworks as design tools

2. Inclusive design.

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Thank you kindly