Webinar Slides: Innovation Superclusters
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The document discusses the concept of 'innovation superclusters,' highlighting their role in accelerating national economic transformation through regional collaboration of industry, academia, and government. It outlines the benefits and structures of these superclusters, as well as tools to develop successful ecosystems that enhance entrepreneurship and attract talent. Additionally, it emphasizes the shift toward open business model innovation to adapt to changing market dynamics and pressures from disruptive technologies.
Webinar Slides: Innovation Superclusters
- 3. Free Strategy Tools www.strategytools.io Lots of stuff you can download
- 4. JOIN THE CONVERSATION • Chat with us • Ask Questions using Q&A
- 5. Please select «All panelists and attendees» when chatting, so we all get to share in the discussion.
- 6. Christian@engage-innovate.com 0047 92415949 Skype: Christianrangen Skype for Business: Christian@engage-innovate.com Contact information Christian Rangen Strategy & Transformation Advisor Business School Faculty Designer, Strategy Tools
- 8. WHAT I HOPE YOU TAKE AWAY TODAY: 1. Understand how governments can accelerate national transformation 2. What are «Innovation Superclusters» and how to build them 3. Tools for building «Innovation Superclusters»
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- 18. “A $950-million investment will be matched dollar for dollar by the private sector and is expected to create thousands of new jobs and grow Canada’s economy” “I applaud the Government of Canada for the Innovation Superclusters Initiative. It will bring together industry, research universities, and governments to accelerate economic growth in highly innovative industries that are critically important for Canada”
- 23. I: INTRO
- 33. 1992
- 39. 2017 MAJOR INDUSTRIES 2050 HIGH GROWTH INDUSTRIES SMART CITY CLEAN ENERGY DIGITAL HEALTH AGRO TECH MOBILITY ? ? ? ?
- 42. SMART CITY
- 44. THE WORLD IS LEARNING TO INNOVATE FASTER – AND INNOVATION SUPERCLUSTERS ARE PLAYING AN INCREASINGLY IMPORTANT PART. SILLICON VALLEY (TECH), BOSTON (HEALTHCARE), LONDON (FINTECH), TEL AVIV (TECH) ARE FAMOUS CLUSTERS IN TODAY’S GLOBAL ECONOMY. THEY ATTRACT TALENT, CAPITAL, R&D INVESTMENTS, CORPORATES AND CREATE A STRONG COLLABORATION MODEL ACROSS A LARGE ECOSYSTEM.
- 45. TODAY, COUNTRIES AND REGIONS ARE LEARNING TO ACTIVELY BUILD AND GROW FUTURE-ORIENTED CLUSTERS ON A MASSIVE SCALE. THEY ARE DESIGNED TO ACCELERATE REGIONS AND COUNTRIES INTO THE FUTURE. WE CALL THEM INNOVATION SUPERCLUSTERS.
- 46. CLUSTERS DRIVE FUTURE ECOSYSTEMS For entrepreneurship eco-systems, cluster designs can be viewed as the next step in the eco-system’s evolution.
- 48. THREE TYPES OF CLUSTERS Most cluster eco-systems, over time, identify three categories of clusters. Small, local and very often incomplete clusters. These clusters are likely abundant and easily recognized in local geographies. These clusters are likely to range across most sectors and industries. They have limited economic impact. Any cluster program for Emerging Clusters can be 3 year horizon. More mature, more complete and higher value creation, Growth Clusters have a high potential combined with a higher number of members in the cluster. These clusters might range across the ASEAN and have a high international potential. The development horizon might be 5 – 10 years to create significant economic impact. A large number of startups and scalups should be found in a GC. Superclusters attract top global talent, funding and corporates. They are known globally and have a significant export value creation. They compete and win in a global marketplace. SCs are more complete ecosystems, with several hundred members. Startups and scaleups attract global funding and scale fast due to their access to talent and capital. MALAYSIAN INNOVATION SUPERCLUSTERS
- 49. Superclusters attract top global talent, funding and corporates. They are known globally and have a significant export value creation. They compete and win in a global marketplace. SCs are more complete ecosystems, with several hundred members. Startups and scaleups attract global funding and scale fast due to their access to talent and capital.
- 50. FOUR RECENT CLUSTERS MALAYSIAN INNOVATION SUPERCLUSTERS SMART CITY – SOLAR ENERGY – DIGITAL HEALTH – SPACE
- 53. HIGH DENSITY OF ACTORS CLOSE PHYSICAL PROXIMITY STRONG NETWORK & COLLABORATION CULTURE HIGH DEGREE OF KNOWLEDGE SHARING, SKILLS TRANSFER & MUTUAL LEARNING A POSITIVE REINFORCING TREND OF FASTER, BIGGER AND BETTER OVER TIME COLLECTIVELY, A STRONGER GO-TO- MARKET STRATEGY HIGHER VALUE CREATION ACROSS THE ENTIRE ECOSYSTEM
- 54. ACADEMICS ENTREPRENEUR CAPITAL CORPORATEGOVERNMENT Adapted from MIT REAP, Harvard Business School, BI Norwegian Business School
- 57. What are the top clean energy startups in the region? What are the biggest barriers to great entrepreneurship in our country? How do we develop more entrepreneurs? How do we attract new, foreign entrepreneurs? How do we enable great entrepreneurs to grow bigger, faster? ENTREPRENEUR
- 58. How do we provide funding for emerging Clean Energy projects, technologies & startups? Who are the top angels and early stage investors in the region? What do early stage investors care about in Clean Energy investments? What are the biggest barriers to risk capital? CAPITAL
- 59. What market opportunities do corporates see in “Clean Energy”? How do corporates understand what is “Clean Energy” today? Who are the key corporates to involve in the Clean Energy space in the region? CORPORATE
- 60. How can the government do a better job at supporting Clean Energy initiatives and market development in our country? What’s preventing a better Clean Energy strategy at government level? What are the key programs, networks, and alliances for Clean Energy in our country? GOVERNMENT
- 61. What are the leading academic experts and institutions for Clean Energy in our country? How can we involve academia differently for R&D projects? What are the barriers to developing a global top 10 research university for future technologies in our country? ACADEMICS How do universities & business schools educate new Clean Energy entrepreneurs for the future?
- 65. MALAYSIAN INNOVATION SUPERCLUSTERS EXPLORING MARKET OPPORTUNITIES SMART CITY CLEAN ENERGY DIGITAL HEALTH AGRO TECH MOBILITY
- 78. ACADEMICS ENTREPRENEUR CAPITAL CORPORATEGOVERNMENT Adapted from MIT REAP, Harvard Business School, BI Norwegian Business School MALAYSIAN INNOVATION SUPERCLUSTERS
- 80. MALAYSIAN INNOVATION SUPERCLUSTERS Most companies are used to a “closed business model innovation” thinking. They are more comfortable “building it ourselves”. This is the traditional, in-house R&D approach to innovation. In very stable industries, this model has worked well for many firms. Today, in the face of disruptive technologies, sudden industry shifts and an ever increasing pace of innovation, companies are increasingly forced to work with “open business model innovation”. This shift takes companies in the direction of more openness, more sharing, more network and stronger collaboration. For most large companies, this shift is demanding. It’s difficult. It requires both a new structure and a new culture. It also opens up a series of new innovation options. BUY: Should we acquire and integrate companies that can help us grow faster and stronger? PARTNER: should we identify and collaborate with new, likely and unlikely partners? CO-INVEST: should we invest a number of small bets ($200.000 and up) in a portfolio of new startups; perhaps invest to learn, rather than only invest to earn? CO-DEVELOP: should we design and collaborate with startup builders and accelerators, to co-create new accelerator programs that can help us test out entirely new business models? Corporates worldwide are now learning to work with open business model innovation. This is virtually required for a successful transformation journey. As we launch Innovation Superclusters for Future Economies, helping corporates build the right innovation strategy will be a key part of the mission.
- 81. MALAYSIAN INNOVATION SUPERCLUSTERS BUILDING YOUR FUTURE INNOVATION STRATEGY CLEAN ENERGY DIGITAL HEALTH AGRO TECH MOBILITY SMART CITY SUPERCLUSTERS WILL HELP YOU BUILD A FUTURE-FIT INNOVATION STRATEGY
- 82. SMART CITY
- 83. SMART CITY
- 84. SMART CITY
- 86. SMART CITY
- 88. III: THE TOOLS & HOW TO USE THEM
- 89. Supercluster Fundamentals How should innovation superclusters be designed to be relevant to us? Growing a Successful Innovation Ecosystem To build a Supercluster — you will need the innovation ecosystem to be in place. This tool helps identify the building blocks you need to growing a successful innovation ecosystem
- 90. HIGH DENSITY OF ACTORS CLOSE PHYSICAL PROXIMITY STRONG NETWORK & COLLABORATION CULTURE HIGH DEGREE OF KNOWLEDGE SHARING, SKILLS TRANSFER & MUTUAL LEARNING A POSITIVE REINFORCING TREND OF FASTER, BIGGER AND BETTER OVER TIME COLLECTIVELY, A STRONGER GO-TO-MARKET STRATEGY HIGHER VALUE CREATION ACROSS THE ENTIRE ECOSYSTEM
- 93. GETTING STARTED
- 94. Christian@engage-innovate.com 0047 92415949 Skype: Christianrangen Skype for Business: Christian@engage-innovate.com Contact information INVITE US
- 96. CONCLUDING NOTES
- 98. RESPOND TO OUR SURVEY
- 99. WHAT WE DO
- 100. WHATWEDO Strategy & innovation consulting company