(GCF2007) ICT as a Driver of Innovation and Entrepreneurship

Kenneth P. Morse, Senior Lecturer and Managing Director MIT Entrepreneurship Center One Amherst Street, Room E40-196 Cambridge, MA 02142-1352 USA phone: +1-617-253-8653 fax: +1-617-253-8633 e-mail: kenmorse@mit.edu http://entrepreneurship.mit.edu 1st Global Competitiveness Forum ICT as a Driver of Innovation and Entrepreneurship (and vice versa) Outline of a Discussion Riyadh, 08 November 2006

Desired Outcomes of this Meeting ,[object Object],[object Object],[object Object]

Technology Rate of Adoption (1/2) 100 90 80 70 60 50 40 30 20 10 1 110 Electricity (1873) Telephone (1876) Automobile (1886) Television (1926) Radio (1905) VCR (1952) Microwave (1953) Cell Phone (1983) PC (1975) Source: Rich Kaplan, Microsoft Internet (1975) 90 80 70 60 50 40 30 20 10 0 100 Percentage of Ownership Number of Years Since Invention

Technology Rate of Adoption (2/2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Internet = 23 years Cell phone = 14 years

Late-Comer Startups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Innovation and Entrepreneurship at MIT "The ideas that drive the economy and improve our quality of life are increasingly emerging from inventive, interdisciplinary collaborations - across different fields and with other institutions in the public and private sectors. This spirit of openness, invention and teamwork are hallmarks of MIT and, I believe, are the keys to our future. MIT's intense creativity, passion, intensity and playfulness drive everything here--the entrepreneurial ideas, the innovations, the discoveries.” MIT President Susan Hockfield May 2005 Photo by Donna Coveney/MIT

Examples of what CAN be taught (1) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Examples of what CAN be taught (2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Is it OK to fail in the Kingdom?

The MIT EDP MIT Entrepreneurship Development Program 29 January – 2 February 2007 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],A one-week program tailored to the needs of future entrepreneurs, economic development professionals, and university entrepreneurship faculty and staff.

Traditional vs. Entrepreneurial Career Paths High School University Big Company Retire High School University Practical Experience Management Training Well Managed, High Growth Firm Startup Venture Another Startup? Venture Capital or Angel Investor Never really retire

Some Critical Success Factors in Entrepreneurship and Intrapreneurship ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Building Your New Company ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],YOUR VALUE PROPOSITION MUST BE COMPELLING, QUANTIFIABLE, PROVEABLE, REFERENCEABLE, AND EASILY EXPLAINABLE…

Selecting Your Financial Partners ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

New Ways of Thinking (1/2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

New Ways of Thinking (2/2) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Walking Before Running ,[object Object],[object Object],[object Object]

Corporate Venturing Consortium ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Members of the Corporate Venturing Consortium include: ARAMCO BASF Biogen Idec Boeing Danfoss Eastman Chemical Hewlett-Packard IHI INTEL Motorola Novozymes Qualcomm UPM-Kymmene Time Warner others…

Latest Trends in Corporate Venturing (1/3) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Latest Trends in Corporate Venturing (2/3) ,[object Object],[object Object]

Latest Trends in Corporate Venturing (3/3) ,[object Object],[object Object],[object Object],[object Object]

Discussion and Next Steps ,[object Object],[object Object],[object Object],[object Object],[object Object]

(GCF2007) ICT as a Driver of Innovation and Entrepreneurship

Recommandé

Recommandé

Contenu connexe

Tendances

Tendances (8)

Similaire à (GCF2007) ICT as a Driver of Innovation and Entrepreneurship

Similaire à (GCF2007) ICT as a Driver of Innovation and Entrepreneurship (20)

Plus de Global Competitiveness Forum - GCF

Plus de Global Competitiveness Forum - GCF (20)

Dernier

Dernier (20)

(GCF2007) ICT as a Driver of Innovation and Entrepreneurship