The Transformation of Innovation Ecosystems in Global Metropolitan Areas A Data-Driven Perspective
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Transcript of The Transformation of Innovation Ecosystems in Global Metropolitan Areas A Data-Driven Perspective
The Transforma,on of Innova&on Ecosystems
in Global Metropolitan Areas A Data-‐Driven Perspec,ve
Martha G Russell Innova,on Ecosystems Network
2013 Annual INFORMS Conference, October 8, 2013 Rahul C. Basole, Neil Rubens, Jukka Huhtamäki, Kaisa S,ll
People, Technology & Media
IN THE HEART OF SILICON VALLEY IN A CULTURE OF RAPID ITERATION, WHERE DISRUPTION IS CELEBRATED WHERE TALENT, INFORMATION AND CAPITAL RESOURCES FLOURISH
THE ISSUE IS NOT THE RATE TECHNOLOGY TRANSFER THE ISSUE IS THE EFFECTIVENESS OF INNOVATION AND KNOWLEDGE TRANSFER WE CALL THIS “COLLABORATIVE DISCOVERY”
The Media X approach
WORK ON BOLD IDEAS WITH BUSINESS, TEST SUCCESS/FAILURE CONDITIONS, ITERATE RESULTS QUICKLY, TRANSFER INSIGHTS AT EVERY STAGE
at S T A N F O R D U N I V E R S I T Y
Twin Ci,es
Twin Ci,es
Aus,n
Paris
Norway EU
Innova,on Ecosystems
Innova&on Ecosystems refer to the inter-‐organiza,onal, poli,cal, economic, environmental, and technological systems through which a milieu conducive to business growth is catalyzed, sustained, and supported. A dynamic innova,on ecosystem is characterized by a con,nual realignment of synergis,c rela,onships that promote growth of the system. In agile responsiveness to changing internal and external forces, knowledge, capital and other vital resources flow through these rela,onships. Heterogeneous and con,nuously evolving set of firms that are interconnected through a complex, global network of rela,onships. [Basole et al., 2012
Martha G. Russell, Kaisa Still, Jukka Huhtamaki, and Neil Rubens, “Transforming innovation ecosystems through shared vision and network orchestration,” Triple Helix IX Conference, Stanford University, July 13, 2011.
??? Who – Why – What ??? WHO WANTS TO KNOW? • Program managers • Policy analysts • Business execu,ves • Entrepreneurs
WHY DO THEY CARE? • Reduce uncertainty • Allocate resources • Improve quality of decisions
WHAT ARE THEIR QUESTIONS? • What interven,ons have
greatest impact poten,al? • What alterna,ve or
concurrent interven,ons will improve the likelihood of sustainable change?
• Which systemic factors may produce counterintui,ve results in the short term?
• What ,me is required to see impact?
Our Key Contribu,ons Mul&ple Data Sources • Deals & Alliances • Execu,ves & Finance • Startups and Angels
Focus on Rela&onships • Conduits for resource
flows • Co-‐create shared vision • Co-‐create shared value
Ecosystem Scope • Products, services,
educa,onal ins,tu,ons • Mul,-‐na,onal, English
language • To 2013, with history
added • Data-‐driven visualiza,ons • For analysts and decision
makers
Actors & Events
Impact over time
Coalitions
Transforma,on
Measure & Track
Interact & Feedback
Co-Create Value
Measuring Impact of Transformative Coalitions in Innovation Ecosystems
8
Martha G. Russell, Kaisa Still, Jukka Huhtamaki, and Neil Rubens, “Transforming innovation ecosystems through shared vision and network orchestration,” Triple Helix IX Conference, Stanford University, July 13, 2011.
Shared Vision
Employee Execu&ve Advisor Founder Investor
Acquisi&on Deal
Alliance
Financing Investor Angel
Shared Vision Based on Rela,onal Capital
We are connected
Employee Execu,ve Advisor Founder
Acquisi,on Deal
Alliance
Investment Angel
People
Company
Financing
University
Research project
Publica,ons Talent
Company
These rela,onships can be represented in many ways
List Matrix Network Basole, Russell, Huhtamäki, S,ll and Rubens, (2013)
“Understanding Mobile Ecosystem Dynamics: A Data-‐Driven Approach,” Under Review
Innova,on Ecosystem Network Data-‐driven Visualiza,ons
Basole, Russell, Huhtamäki, S,ll and Rubens, (2013) “Understanding Mobile Ecosystem Dynamics: A Data-‐Driven Approach,” Under Review
STEP 1 Boundary
Specification
STEP 2 Metrics
Identification
STEP 3 Computation,
Analysis & Visualization
STEP 4 Sense Making &
Storytelling
DATA
determines
feeds
Deals & Alliances
Executives & Funding
Public Opinion & Discourse
IEN
NL
SDC
identify, extract, and curate
hfp://www.slowtrav.com/blog/chiocciola/Geirangeriord.jpg
Norwegian Example
International Relationships for Value Co-Creation Huge opportunities for international relationships lie 2 & 3 degrees out from Norwegian companies
Example view to IEN dataset for keyword search. Nodes represent companies and their previous and current employees. The network layout is created with Fruchterman Reingold algorithm and nodes are inflated according to their outdegree. Protocols for anonymity are evolving.
IEN Dataset, July 2010
Knowledge-‐Based Norway, Presented at Business Ins,tute, October 6, 2010, Martha Russell and Neil Reubens
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Aus,n Ecosystem Enterprises, Deals & Alliances
678 companies and 498 interconnec,ons
Russell, Huhtamäki, Basole, S,ll, Yu & Rubens, IC2 Ins,tute Global Fellows Mee,ng, April, 2013
Aus&n’s Young Growth Companies Primary Office in Aus&n
Investors Aus,n Ventures Silverton Partners DFJ Mercury Bafery-‐ Ventures Floodgate S3 Ventures New Enterprise Associates Rho Capital Ventures Texas Emerging Technology Fund Interwest Partners
Companies = 801 Investors – 286 Leadership Indiv’s = 1355
Key Individuals Joshua-‐ Baer Kevin-‐ Cunningham John Hime Kip Mcclanahan Bill Boebel Larry Warnock Robert Reeves Jason Calacanis Mike Maples Ron Conway
Companies Da,cal Homeaway Sailpoint-‐technologies Mass-‐relevance Digby B-‐side Bazaarvoice Wp-‐engine Convio-‐2 Gowalla Actacell
IEN Dataset, March, 2013 Russell, Huhtamäki, Basole, S,ll, Yu & Rubens, IC2 Ins,tute Global Fellows Mee,ng, April, 2013
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Startups & Angels Execu,ves & Finance Deals & Alliances
SDC Data 2013. Aus,n companies With Deals & Alliances Nodes = 678 Edges = 498
IEN Data 2013. Aus,n companies Linked people & venture/financing en,,es
Nodes= 2442; Companies=802
Startup/Angel Data 2013. Selected Aus,n companies
Nodes= 5062; Startups=2200; Edges=11837
Twin Ci,es
Twin Ci,es/MN ICT Innova,on Ecosystem at a Glance
SDC Data 2013. Selected MN companies With Deals & Alliances
Nodes = 1406; Edges = 1226
IEN Data 2013. Selected MN companies Linked people & venture/financing en,,es
Nodes= 1358; Edges=978
Startup/Angel Data 2013. Selected Minnesota companies Nodes= 885; Edges = 1185
Startups & Angels Execu,ves & Finance Deals & Alliances
CapDigital -‐ Regional Sector Catalyst
Vision To catalyze the new digital infrastructure in France with global connec,ons To create an ecosystem to facilitate the rela,onship between France and global
market Enable Paris to become global region of the market for digital services
How do you spend money locally to enhance global par,cipa,on in a way that returns the benefit back home?
• CapDigital members: – Small startups – Large companies – Support programs
21
Paris ICT Innova,on Ecosystem at a Glance
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SDC Data 2013. Selected French companies With Deals & Alliances, Highlight CapDigital
Nodes = 3192; Edges = 3441
IEN Data 2013. Selected FRENCH companies Linked people & venture/financing en,,es
Nodes= 2858; Edges=2333
Startup/Angel Data 2013. Selected French companies Highlight CapDigital Members Nodes= 990; Edges = 530
Startups & Angels Execu,ves & Finance Deals & Alliances
Russell, Huhtamaki, S,ll, Basole, and Reubens, “Orchestra,ng Ecosystem Transforma,ons with Data-‐Driven Network Visualiza,ons,”Keynote Presenta,on, Futur en Seine, June 14, 2013.
Analysis of EIT ICT Labs: Trento included as the sixth node, more ci,es connected to coloca,on centers, updated data and transforma,on in place
S,ll, Huhtamäki, Russell, Rubens (2013) ”Transforming Innova,on Ecosystems Through Network Orchestra,on: Case EIT ICT Labs,” IJTM Special Issue.
Adding San Francisco Bay Area as “the seventh EIT ICT Labs node” for contrast, interconnec,ons, comparison and benchmark
S,ll, Huhtamäki, Russell, Rubens (2013). Transforming InnovaLon Ecosystems Through Network OrchestraLon: Case EIT ICT Labs
26
Skill of the Future = Network Orchestra,on
Actors & Events
Impact over time
Coalitions
Transforma,on
Measure & Track
I E Health & Resilience
Intra-network linkages Betweenness
Density Size
Interact & Feedback
Co-Create Value
Measuring Impact of Transformative Coalitions in Innovation Ecosystems
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Martha G. Russell, Kaisa Still, Jukka Huhtamaki, and Neil Rubens, “Transforming innovation ecosystems through shared vision and network orchestration,” Triple Helix IX Conference, Stanford University, July 13, 2011.
Shared Vision
• Thank you
• Martha Russell • Innova,on-‐ecosystems.org • [email protected]