How to foster innovation Gábor Bojár Graphisoft, Founder AIT-Budapest, Founder EIT Member of the...
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Transcript of How to foster innovation Gábor Bojár Graphisoft, Founder AIT-Budapest, Founder EIT Member of the...
How to foster innovation
Gábor Bojár
Graphisoft, FounderAIT-Budapest, Founder EIT Member of the Governing Board
23.04.21.2.
A few words about Graphisoft
Founded in 1982First 3D on PC1998: IPO, $350M2013: # 1 in BIM ww market
23.04.21.3.
From constraintsNo access to up-to-date computers (COCOM)No access to capitalNo access to market
But access to talents
Competitive advantages
23.04.21.4.
No access to up-to-date computers (COCOM)Early start on PC
No access to capitalRelying on customers
No domestic marketEarly globalization
Turning constraints to advantages
Innovations
3D for what?The Virtual Builiding (BIM)
23.04.21.5.
Innovations
Today
Over 50% of the buildings around the world designed in 3Ddesigned with ArchiCAD
I believe
Innovation is best fostered by fair comptetion
Public money hurts innovation
I believe
Miracles of competition
Hungarian examples
Global market leaders:Prezi,LogMeInUstreamColorfrontGraphisoft
What is common in all these companies?None of them ever applied for public money!
23.04.21.11.
More Hungarian examples
Cab service in the 80’-iesBanking: SMS on credit card use
23.04.21.12.
When competition is over Innovation is over
Land line phonesPC operating systems
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Traps of the “free” market
Unfair/illegal use of powerCustomers’ defenseless Information asymmetry
Role of the State
Market regulationSecure fair competition
What the State should not do
To act as a competitorTo support competitorsTo show main directions
Who has shown direction to the market?
or
To foster innovation
Invest in education!Invest in education!!Invest in education!!!
23.04.21.
Thank you for your attention