steven geiger - skolkovo - international best practices in innovation management
DESCRIPTION
An overview of the new innovation center being built in Skolkovo, Russia. Describes the strategy, investment and infrastructure of this strategic initiative of the Russian government.TRANSCRIPT
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INTERNATIONAL
BEST PRACTICES IN
INNOVATION
MANAGEMENT
PRESENTATION AT SKOLKOVO
BUSINESS SCHOOL
NOVEMBER 2011
STEVEN GEIGER, COO, SKOLKOVO FOUNDATION
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SOME BACKGROUND ON SKOLKOVO
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• Diversify and grow Russia’s economy
through innovation and entrepreneurship
• Develop human capital through world-
class research and education
• Fully-integrate Russian technology
into the global economy
• Create globally-competitive
knowledge-based companies
Skolkovo is a strategic development initiative to:
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SKOLKOVO’S RECIPE FOR INNOVATION
Open, transparent, and fair: essential to
attract world-class talent, institutions and
businesses
Maximum private sector participation
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Physical and virtual layers
Self-sustaining over time
International standards
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WHAT’S THE PROBLEM IN RUSSIA?
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Time
Te
ch
no
log
y m
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rity
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ac
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pta
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Basic
Research
Applied
Research
Entrepreneurs
Ea
rly
La
te
Mid
Private
Equity
IPOs
Large Corporates
Commoditization of
Technology
VC
Normal Technology Life Cycle
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WHAT’S THE PROBLEM IN RUSSIA?
5 Time
Te
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y m
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The “Gap”:
• Research not linked to market
• Little early-stage financing or services
• Result: weak commercialization
Basic
Research
Applied
Research
Entrepreneurs
Ea
rly
La
te
Mid
Private
Equity
IPOs
Large Corporates
Commoditization of
Technology
VC
Current Russian Situation
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WHAT’S THE SOLUTION?
6 Time
Te
ch
no
log
y m
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rity
/ m
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ac
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pta
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Basic
Research
Applied
Research
Entrepreneurs
Ea
rly
La
te
Mid
Large Corporates
Commoditization of
Technology
VC
Skolkovo Institute
Innovation Center
• 5 clusters
• Technopark
• Key partners
City Infrastructure
Virtual Skolkovo
Close this gap with tools for innovation and commercialization
Skolkovo “Ecosystem”
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LET’S SEE HOW THESE DRIVE INNOVATION
1. THE INSTITUTE
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SKOLKOVO INSTITUTE OF SCIENCE & TECHNOLOGY
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World’s first graduate
university to fully-
integrate research,
education, innovation
and entrepreneurship
• Core of Skolkovo ecosystem
• Source of high-caliber talent
• 1200 graduate students and 300
faculty/post-docs by 2018
• 5 programs, 15 research centers
(each with 3-4 labs)
Strategic partner:
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UNIQUE PLATFORM FOR GLOBAL COLLABORATION
Energy Program
Research Centers SIST MIT
Russian & international institutions
IT Program
Biomed Program
Space Program
Nuclear Program
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SO HOW DOES THIS DRIVE INNOVATION IN RUSSIA?
1. World-class R&D
2. Open platform = fresh ideas
3. Program-based = cross-disciplinary innovation
4. CEI ensures innovation is in the organization’s DNA
5. Contract research: new for Russia, change corporate
mentality
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2. THE INNOVATION
CENTER
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INNOVATION CENTER
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Key partners
Technopark
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technology
clusters
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5 TECHNOLOGY CLUSTERS
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Energy: efficiency, saving, new energy technology
IT: software, engineering, devices
Biomed: biotech, drugs, devices
Space: telecoms, navigation,
imaging, life systems
Nuclear: medicine, energy,
materials
Reflecting 5
modernization
priorities of the
Russian
government
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HOW DO CLUSTERS DRIVE INNOVATION?
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1. Find innovative startups
2. Pair with international experts
3. Challenge strategy
4. Provide VC interface
5. Conduct international roadshows, force companies
to measure themselves against the best
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TECHNOPARK
Technopark
Skolkovo funds
Skolkovo
Institute
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Startups &
Spin-offs
Incubation
Clusters
Market
assistance
Infrastructure
Corporate
services
Funding
Other universities
External VCs
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HOW DOES TECHNOPARK DRIVE INNOVATION?
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1. “Nurtures” startups & spinoffs
2. Collaborative environment
3. Services (IP management, international access)
4. Interface with VCs and SIST
5. Turnover management = create sense of urgency
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KEY PARTNERS
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International companies Russian companies
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HOW DO KEY PARTNERS DRIVE INNOVATION?
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1. Create and operate R&D centers in Skolkovo
2. Bring best international practices in R&D and
commercialization
3. Co-invest in promising Skolkovo start-ups
4. Provide early commercialization opportunities for
Skolkovo startups
5. Fund research at SIST
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SOME PERSONAL EXPERIENCE DRIVING OTHER WORLD-CLASS INNOVATION
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Challenge:
Turn a tiny country (400,000 citizens) with few scientific or
technological resources into a world leader in innovative
“green” technologies
Results achieved: (2006-2010)
• Dominant investor in “green” technology ($15 billion)
• World’s first zero-carbon city under construction
• Awarded UN Headquarters for Renewable Energy
• World’s largest offshore wind farm (London Array)
• World’s largest CSP plant (Shams 1)
• World’s first 24-hour solar power plant (Gemasolar)
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SOME PERSONAL EXPERIENCE DRIVING OTHER WORLD-CLASS INNOVATION
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Masdar PV
August 2008
December 2008
August 2009
• Required simultaneously innovating the technology and the
production process
• Speed was critical: 12 months from groundbreak to first production
• Intensely international: American supplier, European management,
Middle East financing, German R&D, global market
Case study of Masdar PV: innovative thin-film photovoltaics
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LESSONS LEARNED
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• Innovation is intensive global collaboration
• Incremental innovation vs. step-change: which are you,
does your industry accommodate, is your time-to-
market realistic?
• Excessive attempts to limit risk inherently limit chances
of success
• There is no alternative to innovation, learn to live with it
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THANK YOU
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For more information, please contact:
Steven Geiger
COO
Or visit our website:
www.i-gorod.com