Innovation Management

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BINASIA Viet Nam National Workshop 27-28
January 2005 Hanoi, Viet Nam
Innovation Management
N. SrinivasanAsian and Pacific Centre for
Transfer of Technology New Delhi, India
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What is Innovation ????
Successful exploitation of new ideasTransformati
on of knowledge into commercial productsor
servicesA catalyst an ingredient in a process
to create andsustain wealthFundamental source
of competitive advantage
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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
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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

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Growth Competitiveness Index (2004)
Source The Global Competitiveness Report 2004-5,
World Economic Forum
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Sustainable Innovation Environment
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Innovation ProcessLinear to Systemic Approach
Science is the conversion of money into
knowledge. Innovation is the conversion of
knowledge into money
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Innovation and Knowledge-driven Economies-
Critical Tasks
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Number of Business Incubators (2000)
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Shortening Life Cycle of Technology Risk
Financing
revenue
Maturity
IPO, Acquisition
Rapid growth and ramp-up
Idea
RD
Prototype
Debt Financing
Private Investors
Venture Capital
Angel Financing
time
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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

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THANK YOU
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B I N A S I A

• National biotech policy
• Technology development programmes (national and
  international)
• Training programmes (national and international)
• Instiutions (mainly RD)
• Biotech parks
• Biotech industries
• Biotech-mart
• Technology offers
• Technology requests
• Services offered
• Services requested
• Biotech news
• Biotech events
• Intellectual Property Rights
• Biosafety and bioethics