What is innovation?

Kick off Conference and Forum of
CB integration of strategic projekt
iCON
Creativity and Innovations in
SMEs
iCON: Competitiveness of SMEs through Innovation and
Collaborative Entrepreneurship
Tomaž Vadjunec
tomaz.vadjunec@rra-sp.si
Gorizia, 30.11.2010
Summery of the presentation
•Current state of the art of Sustainable development and
innovations
•Synergies between Open Innovations and Sustainable
Innovations
•What is Innovations Space
•Core Best Practices for Achieving Competitive Advantage in
Hypercompetitive Business Environment Development of the
business model for the SMEs
What is innovation?
“Innovation is the means by which the entrepreneur either
creates new wealth-producing resources or endows existing
resources with enhanced potential for creating wealth.”
Peter F. Drucker
“The Discipline Of Innovation,‖ Harvard Business Review,
December 1998”
The CEO’s Innovation Dilemma and the Accidental
Innovator
• current products representing more than 70% of today's sales
will be obsolete in less than five years.
• Innovation is random event for majority of the current
companies.
• Immoderate cooperation and dependence from outside
developmental centers is critical for sustainable development
of company.
• Over the next few years, as much as 50% of a company’s
product-specific expertise and intellectual capital will simply
dissipate as the ageing workforce retires.
Starting points for different manner of
management of innovations
•Management of Innovations can be systemized.
• Key success factor are:
•With deeper knowledge about innovation elements can
be increased number of creative solving problems and
• Efficient accepting of solutions.
•Management and owners of the company are key element
of implementation of new doctrine such us open
innovations or/and sustainable innovator.
Key elements of the Innovation culture
•Management and owner are responsible for
implementation of the values that are presenting innovative
environment in the company.
•Implementation can be made by internal PR, education
and training of employees and use of innovative platforms.
•Innovative platforms are based on the use of the methods
and tolls that are used by the innovator (ICT tools, TRIZ
method ect.) or other employees in the company.
Synergies between Open Innovations and
Sustainable Innovations
Risk
Innovations Space
NEW USE,
KNOWN SOLUTION
NEW USE,
NEW SOLUTION
KNOWN USE,
KNOWN SOLUTION
KNOWN USE,
NEW SOLUTION
Risk
TRIZ metod:
•TRIZ is a system of laws and principles for inventive problem solving
developed from the analysis of successful patents.
•Key principles of TRIZ are:
1. The evolution of engineering systems is not a random process, but obeys
certain laws.
2. Innovation usually occurs when technical systems are evolved to overcome
contradictions, most often by using more minimal resources.
3. Most fundamental technical tasks have already been solved. A solution
exists for >99% of all problems, often in other disciplines or contexts.
Innovative problem solving occurs when a prior solution is found and modified
to fit new requirements.
4. Inventiveness and creativity can be taught.
Core Best Practices for Achieving Competitive
Advantage in Hypercompetitive Business Environment
?
Investment
in New
Technology
Automation
to Reduce
Labor Content
Lean
Manufacturing
Process
Redesign
Industry
Collaboration
&
Networks
Customer
Service
Add Value
Providing
Design
Services
Training
&
Education
Customer
Relationship
Management
Kick off Conference and Forum of
CB integration of strategic project
iCON
Thank you for listening
Contacts:
Tomaž Vadjunec
tomaz.vadjunec@rra-sp.si
Tel: +386 5 33 06 681
Projekt iCON sofinanciran v okviru Programa čezmejnega sodelovanja Slovenija-Italija
2007-2013 iz sredstev Evropskega sklada za regionalni razvoj in nacionalnih sredstev.
Progetto iCON finanziato nell'ambito del Programma per la Cooperazione Transfrontaliera
Italia-Slovenia 2007-2013, dal Fondo europeo di sviluppo regionale e dai fondi nazionali.
Ministero dell'Economia
e delle Finanze