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I A R C the Innovation Accelerator Research Center

I A R C the Innovation Accelerator Research Center. Concept by Bud Labitan, MD, MBA Facilitate and study the process of Accelerating Innovation with a focus towards “new jobs innovation”. Why innovate ?. JOBS Changing economies Increased competition & technologies

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I A R C the Innovation Accelerator Research Center

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  1. I A R CtheInnovation AcceleratorResearch Center Concept by Bud Labitan, MD, MBA Facilitate and study the process of Accelerating Innovation with a focus towards “new jobs innovation” Faster Innovation Funnel + Lead-User Development = Jobs

  2. Faster Innovation Funnel + Lead-User Development = Jobs

  3. Why innovate ? • JOBS • Changing economies • Increased competition & technologies • Community needs sustainable development * • Value migration & shorter product life cycles • Pressures to reduce costs & increase efficiency • Stricter regulation Faster Innovation Funnel + Lead-User Development = Jobs

  4. “The Missing Component”Northwest Indiana Community • Help move along a cultural shift towards more inventiveness, and global competitiveness. • Innovation Acceleration>> • Entrepreneurship Education >> • Incubation >> • “NWI Jobs” Faster Innovation Funnel + Lead-User Development = Jobs

  5. An Innovation Accelerator + Research Centerwill also enhance Purdue’s Strategic Plan • Learning( and the study of learning acceleration. ) • Discovery( of new services and products leading to entrepreneurship. ) • Engagement( in jobs development and public/private partnerships. ) • Multiuser Innovation Accelerator can also be used for increasing Community and Alumni participation. Faster Innovation Funnel + Lead-User Development = Jobs

  6. How do we Accelerate the conception of new ideas that lead to new jobs?Beg ( from lead-user innovators )Buy ( from lead-user innovators )Borrow ( from lead-user innovators )Brainstorm ( lead-user innovations )Reverse-Engineer ( lead-user reengineering )Promote Entrepreneurship Faster Innovation Funnel + Lead-User Development = Jobs

  7. Increase the frequency of idea generation & Feed the Innovation Funnel ! • Academic • Commercial • DARPA / DHS • Industry Faster Innovation Funnel + Lead-User Development = Jobs

  8. The Physics Idea: add “higher energy” to accelerate innovation if F = MA then A = F/M • Add human energy of expert & non-expert lead users to speed up idea generation for Indiana jobs. • Provide a cost-effective center for frequent public participation in brainstorming new & commercialization ideas. Faster Innovation Funnel + Lead-User Development = Jobs

  9. “Lead-Users Theory” ERIC VON HIPPEL evhippel@mit.edu Professor and Head of the Innovation and Entrepreneurship Group at the MIT Sloan School of Management. He specializes in research related to the nature and economics of distributed and open innovation. Lead-Users in Mountain Bike Design Innovators Faster Innovation Funnel + Lead-User Development = Jobs

  10. Our Innovation Accelerator will identify, assist, and develop local lead-user groups. http://web.mit.edu/evhippel/www/tutorials.htm Faster Innovation Funnel + Lead-User Development = Jobs

  11. Faster Innovation Funnel + Lead-User Development = Jobs

  12. Labitan view of a “High-Energy Innovation Accelerator”Faster Innovation Funnel + Lead-User Development • Frequent Brainstormingaccelerated frequency rate 24/7/365 days. • Give a Valuable Learning Experience Since few of the ideas generated make it thru an innovation funnel to become successful products or services, Participants should receive experiential value in the form of edutainment; education + entertainment Faster Innovation Funnel + Lead-User Development = Jobs

  13. Giving back a Valuable Learning Experienceto the NW Indiana Community • We are helping to move along a cultural shift towards more inventiveness, innovation, and global competitiveness. • Innovation Acceleration > • Entrepreneurship Education > • Incubation > • “NWI Jobs” Faster Innovation Funnel + Lead-User Development = Jobs

  14. Teams Brainstorming Together US Constitution, Stanford-DARPA-Racing Team, JPL, Microsoft

  15. What is the source of High-Energyfor the Innovation Accelerator Brainstorming Experience? People ! ( Theatrical Component ) This “Innovation Accelerator Center” can use sound and lighting methods for participants to suspend their disbelief, in the way that theater is able to transport an audience’s imagination. Faster Innovation Funnel + Lead-User Development = Jobs

  16. 1-2 Hour “Brainstorming Voyages” ”People want to be part of something larger than themselves.” Like Disney’s Tomorrowland Experience Rapid idea generation No judgment/conversation The wilder the better Quantity is king Each “Flight” will be recorded on DVD for Participants and for Research archives. Faster Innovation Funnel + Lead-User Development = Jobs

  17. Our NWI Community can customize and evolve our Innovation Accelerator to our changing needs.

  18. 24 / 7 / 365 days. Multidisciplinary Innovation Accelerator Faster Innovation Funnel + Lead-User Development = Jobs

  19. Harness the Value of Human Collaboration Faster Innovation Funnel + Lead-User Development = Jobs

  20. Sample Accelerator Flight Simulation1. Pre-Flight Introduction (prerecorded): 2.5 minutes.---- launch “lights and sound” simulation ------ theatrical aspect2. Statements of Brainstorming Technique, Goals, & Lead-User Innovating Theory (prerecorded): 5 min.3. Brainstorming: 20 minutes.4. Post-Brainstorming Statement (prerecorded): 2.5 min.---- landing “lights and sound” simulation ----- theatrical aspect5. Filtering Discussion: 10 minutes.6. Open Forum & User Feedback: 7.5 min.- video used for Research and/or reality TV / PBS / NSF / DARPA funding. 7. Quiet time before next “Flight”: 5 minutes. Faster Innovation Funnel + Lead-User Development = Jobs

  21. GOALS RESULTS TEAMS Experiential Learning Service + Product Design If we are serious about GLOBAL COMPETITION, then we build an INNOVATION FUNNEL running 365 Days a year. Acceleration + More Lead Users Needs of the Market’s Customers COMMUNITY Faster Innovation Funnel + Lead-User Development = Jobs

  22. Innovation Accelerator: End of a Brainstorming Voyage Participants learn brainstorming and service design, network, and answer three key questions: How will we Capture value? How will we Deliver value? How will we Create value? Faster Innovation Funnel + Lead-User Development = Jobs

  23. R.O.I. • Discovery • Learning • Local Engagement • Alumni Participation • Accelerated Innovation • Research • More Jobs Faster Innovation Funnel + Lead-User Development = Jobs

  24. Cost est. = ½ of The Purdue Tech CenterROIC = NWI Jobs + CompetitivenessIS/D = “Innovation Sessions per Day”Our gift to Northwest Indiana’s Future Faster Innovation Funnel + Lead-User Development = Jobs

  25. ISD“Innovation Sessions per Day”The EndQuestions? Faster Innovation Funnel + Lead-User Development = Jobs

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