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APCTT

APCTT. BINASIA – Viet Nam National Workshop 27-28 January 2005 Hanoi, Viet Nam. Innovation Management. N. Srinivasan Asian and Pacific Centre for Transfer of Technology New Delhi, India. APCTT. What is Innovation ????.

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APCTT

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  1. APCTT BINASIA – Viet Nam National Workshop 27-28 January 2005 Hanoi, Viet Nam Innovation Management N. SrinivasanAsian and Pacific Centre for Transfer of TechnologyNew Delhi, India

  2. APCTT What is Innovation ???? Successful exploitation of new ideasTransformation of knowledge into commercial productsor servicesA catalyst – an ingredient in a process to create andsustain wealthFundamental source of competitive advantage

  3. APCTT Why Innovation ???? Globalization – Technologies and economies Shift of emphasis from manufacturing to knowledge-based economies Shortening life cycle of products Introduce new and improved, added-value products and services To be competitive Achieve profits Re-invest profits in the business

  4. APCTT Growth Competitiveness Index (2004) • Macroeconomic Environment • Technology, Innovation and Diffusion • Human Resources: Education, Health and Labour • General Infrastructure • Public Institutions: Contracts and Law • Cluster Development • Company Operations and Strategy • Public Institutions: Corruption • Domestic Competition • Environment

  5. APCTT Growth Competitiveness Index (2004) Source: The Global Competitiveness Report 2004-5, World Economic Forum

  6. APCTT Critical mass of commercially oriented research expertise New talents & new money Industrial technology users Investors and consultants Sustainable Innovation Environment

  7. Innovation Process:Linear to Systemic Approach APCTT “Science is the conversion of money into knowledge. Innovation is the conversion of knowledge into money”

  8. APCTT Innovation and Knowledge-driven Economies- Critical Tasks

  9. Number of Business Incubators (2000) APCTT

  10. APCTT Shortening Life Cycle of Technology: Risk Financing revenue Maturity IPO, Acquisition Rapid growth and ramp-up Idea R&D Prototype Debt Financing Private Investors Venture Capital Angel Financing time

  11. APCTT APCTT and Innovation Management • New and emerging technologies • Traditional technologies • Intellectual Property Rights • Technology incubation • High-Tech entrepreneurship development • Green productivity • Start-up venture creation • Venture financing • NATIONAL INNOVATION SYSTEM

  12. APCTT THANK YOU

  13. B I N A S I A APCTT • National biotech policy • Technology development programmes (national and international) • Training programmes (national and international) • Instiutions (mainly R&D) • Biotech parks • Biotech industries • Biotech-mart • Technology offers • Technology requests • Services offered • Services requested • Biotech news • Biotech events • Intellectual Property Rights • Biosafety and bioethics

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