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Open Innovation technology acquisition as the new R

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Open Innovation - technology acquisition as the new R&D. Jim Cuddy. Enterprise Ireland ... R&D within enterprise RTI / Innovation Management. Intellectual ... – PowerPoint PPT presentation

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Title: Open Innovation technology acquisition as the new R


1
Open Innovation - technology acquisition as the
new RD
  • Jim Cuddy
  • Enterprise Ireland

2
Innovation
  • Creating and exploiting new ideas

3
Where does innovation apply?
Human Resources
Service
Research and Development
Service
I / P
OPS
O / P
Mkting
The Value Chain
4
Support Players
  • Development Agencies
  • Third Level Colleges
  • Business Support Organisations
  • Consultants
  • EU

5
EI Strategy
6
Innovation Agenda
  • RD within enterprise RTI / Innovation
    Management
  • Intellectual property assistanceIP Unit
  • Collaboration between companies and colleges
    Innovation Partnerships
  • Research commercialisation Commercialisation
    Fund
  • International collaboration FP6/ESA
  • Technology acquisitionTechSearch

7
TechSearch
  • Competitive advantage now often comes from
    leveraging the discoveries of others Henry
    Chesbrough
  • Externally sourced technologies to complement
    internal RD
  • Open innovation environment

8
Open Innovation model
9
Benefits
  • Huge amount of technology available
    internationally
  • Smaller upfront payment than RD
  • Faster to market than RD
  • Technical and commercial assistance

10
Technology Acquisition Process
11
Typical Uses
  • Moving from sub-contract to own product
  • - Xenith Biomed
  • Adapting a technology/product for different
    markets
  • - NTERA
  • Improving a manufacturing process
  • - Natures Best

12
Support
  • Productivity Improvement Fund
  • Capital Equipment
  • Technology Acquisition
  • Training
  • RTI
  • Technology Acquisition lt 50 of RD project

13
TechSearch Service
14
Applying for TechSearch
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