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Higher School of Economics HSE Open Innovation on a Global Scale

Higher School of Economics HSE Open Innovation on a Global Scale. Richard Kivel Chairman of the MIT Enterprise Forum Global Chairman and CEO Rhapsody Biologics, Inc. Twitter: KIVEL1. Global Entrepreneurship & Innovation.

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Higher School of Economics HSE Open Innovation on a Global Scale

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  1. Higher School of EconomicsHSEOpen Innovation on a Global Scale Richard Kivel Chairman of the MIT Enterprise Forum Global Chairman and CEO Rhapsody Biologics, Inc. Twitter: KIVEL1

  2. GlobalEntrepreneurship&Innovation

  3. “A paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology” OPEN Innovation

  4. Innovation Continues to Change History: Wealth and jobs created by Control of Physical Wealth • Steel • Oil • Land • Railway • Shipping • Textiles Future: Wealth and jobs created by • Control and Creation of Knowledge • Systems • Methods • Process • Intellectual Property

  5. The Foundation of Innovation: The Entrepreneur • What does the successful entrepreneur look like? • Integrity • Leadership • Impatient; bias toward action • Able to attract world class talent.

  6. Entrepreneurship and Innovation @ MIT

  7. Core Values

  8. MIT Enterprise Forum • The MIT Enterprise Forum, Inc. builds connections to technology entrepreneurs and to the communities around the world • The Enterprise Forum produces a series of educational programs about entrepreneurship through a network of 28 worldwide chapters

  9. MIT Startup History • 20 to 30 startups/yr with MIT technology • ~2/3’s still in business over last 10yrs • ~1/3 have had a liquidity event (IPO-Acq) • Many acquired by larger organizations (does not include the large number of firms started by MIT alumni without MIT licenses)

  10. Entrepreneurial Ecosystem:Partnerships & Education MIT Enterprise Forum MIT Technology Review Kauffman Global Entrepreneurship Week MIT Global Startup Workshop MIT Energy Conference The MIT experience can be replicated anywhere there is a foundation of education and spirit of entrepreneurship

  11. Examples of Open Innovation •NineSigma, was the first open innovation services provider helping client companies develop and maximize value from their innovation programs. •InnoCentive, started in 2001, crowdsources research and development for biomedical and pharmaceutical companies. •Innovation Exchange is an open innovation vendor which emphasizes community diversity; it sources solutions to business problems from both experts and novices. •Brightidea, founded in 1999, is a provider of social innovation management software. •Spigit, founded in 2007, is an innovation tools vendor which provides a platform that can be used to create open communities.

  12. Now is the time! Entrepreneurship and Innovation are critical to the success the Russia In the Early stages of an economic system, the rewards go to those individuals who create the NEW, not to those who conserve the old. Entrepreneurship becomes more important than stewardship.

  13. Thank You Richard Kivel Chairman of the MIT Enterprise Forum Global Chairman and CEO Rhapsody Biologics, Inc. kivel@mit.edu Twitter: KIVEL1

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