Innovation eco systems that keep on giving 18 november 2012
Transcript of 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
The End Game
“To enhance the social, economic
and cultural development of the
people of Trinidad and Tobago”
Who pays?
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
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
Business
Society
InnovationOptimum
Point
Creating Shared Value Examples
Optimization:
Competitive business advantage
with
tangible and realizable profit gains
through
innovations
that
yield social development outcomes
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
Fisheries Division
* 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
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
Our Current Focus
1. Measurement frameworks as design tools
2. Inclusive design.
Thank you kindly