Innovation policy is about the challenge of contributing to the wide objectives such as employment, sustainability and economic growth. How to approach such a task? The answer is simple but the effort complex: Aim for a strong innovation eco-system. Referring to the case of the IMP³rove Euromed Project the article suggests four systematic steps on how to establish an effective, innovation inducing eco-system.
Clientelism, Wintelism and innovation eco-systems: moments of truth within the global semiconductor industry. Europe and Japan tried for years to challenge Intel by building national seminconductor champions, yet wihout success. Today, a small British company named ARM has qua its eco-system strategy managed to launch a more serious go at Intel.
This week AT&T opened up the third “Foundry” collaborative center in Palo Alto. The other two are situated in Plano, Texas and Israel. The AT&T Foundries are fast-paced and collaborative environments where AT&T and technology providers team with developers to deliver the latest applications and services to customers more quickly than ever before. By doing so, it increases velocity and a broader range of innovation three times faster.
Steven Klepper, the recipient of the 2011 Global Award for Entrepreneurship Research, has spent all of his professional career looking at how innovation and the fate of large firms are so closely intertwined. His conclusions on how large firms, start-ups and clusters interact should be required reading for innovation managers and strategists everywhere.
For some 20 years, regional and city based innovation and economic development policy focused on clustering, based on Michael Porter’s (1990) Competitive Advantage of Nations. However, there are still those that are doubtful about whether clusters foster economic development. In this article an alternative is proposed: the convoy model. The evidence that clusters lead to successful inter-firm regional interaction is inconclusive. Is it time for a rethink?
Are Clusters or cluster initiatives really adding any tangible value to firms? Are they obsolete? Maybe not yet, but I believe if the present policy tools and institutional frameworks are not reformed they may very well soon become so. In the following blog I would like to focus on three areas that have not been given enough importance by policy makers: focus beyond geographies, new clusters and cluster performance.
Invented in Germany, marketed in the USA. This sums up in a nutshell how Germany often lets other countries chip in and capitalize on its research achievements. But now all that’s going to change. In an unprecedented cooperative venture, the three DAX giants BASF, Merck and SAP will be joining forces with the leading universities of Heidelberg, Mannheim, Karlsruhe and Darmstadt to set up an innovation platform. Its name is “InnovationLab” and its aim is to emulate Silicon Valley in the Rhine-Neckar region.
Gaming week in Silicon Valley, development of sustainable houses in Shanghai, and medico innovation in Munich – what do these things have in common? They are all projects set in motion by Danish innovation centres in order to strengthen the innovation and competitiveness of Denmark. And you are invited to join.