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Asia – The Great Unknown: Testbed for Global Business Innovation The Israel Business Conference 2006. Gadi Ariav Tel Aviv University and Samuel Neaman Institute. outline. the foreground : “unknown” – the Asian role in the innovation economy
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Asia – The Great Unknown:Testbed for Global Business Innovation The Israel Business Conference 2006 Gadi Ariav Tel Aviv University and Samuel Neaman Institute
outline the foreground: • “unknown” – the Asian role in the innovation economy • global innovation – arbitrage over a network of clusters the session today: • the big picture • key issue I: human resources and work • key issue II: Intellectual Property Rights • “things you don’t see from afar” • panel / discussion
one world thoughts • Regional Advantage Annalee Saxenian (1994) • Clusters of Creativity Rob Koep (2002) • The World is Flat Thomas Friedman (2005, 2006) • From global to metanational Ives Doz, Jose Santos and Peter Williamson (2001) • Creating Regional Wealth in the Innovation Economy Jeff Saperstein and Daniel Rouach (2002)
economic innovation(Schumpeter, 1934): • the introduction of a new goods or of a new quality of a goods • the introduction of a new method of production • the opening of a new market • the conquest of a new source of supply of raw materials or half-manufactured goods • the carrying out of a new organization, of new industrial structure
innovation clusters • the ultimate model: silicon valley • an open local economic network architecture • the nodes in the network: • (tech-) companies, investors • subcontractors, professional services • universities, government • VC: the “2 hour driving boundary” • lowers risk for innovation and (tech-) entrepreneurship
global innovation through resource arbitrage • from sticky resourcestocompetitive advantage • a global open economic networkof networks architecture • nodes: economic innovation clusters • hubs, network making • the meta-national company: • networked… operation resource mobilization learning • multi-disciplinary – corporate and public policy – issues
opportunities for business innovation in Asia • India and China in the new global order • human resources and work model – China • Intellectual Property rights – China, India • “the view from there” – India