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The impact of digitalization CHALLENGES FOR GOVERNMENTS, FIRMS AND ENTREPRENEURS Kjell-Håkan Närfelt, Chief Strategy Advisor

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The impact of digitalization

CHALLENGES FOR GOVERNMENTS, FIRMS AND ENTREPRENEURS

Kjell-Håkan Närfelt,

Chief Strategy Advisor

Innovation and entrepreneurship are the only

waysto sustain competitiveness in

a fast changing world

• Digitalization of everyting• Computing power is

everywhere• Bandwidth and connectivity

for everyone

A Changing World …

Our difficulty understanding exponential developments…

• Technology improvement rates

• Network effects of products and businesses

• ”Zero marginal cost society” (Rifkin)

The Impact of ”Digitalization” on Businesses

Where do you focus your innovation strategies?

Based on Innovation Radar

WHAT?

HOW?

WHERE? WHO?

Offering

Innovations

Customer

Innovations

Operational

Innovations

Eco-system

Innovations

Traditional

value creation

New areas for

value creation

Where does the competitioncome from in a digital world?

What is your source ofvalue creation and competitiveness?

Functions, features and

intellectual property rights Business models, intellectual assets,

data analystics and eco-systems

How do you build and organizeyour business?

Bandwidth

Reach

Our challenges as governments

We need to move from market/system failures to system transformations –

focus on facilitating direction and priorities

Bild 13

• Talent that makes a difference

• Role models that inspire

• An open and collaborative culture

that drives demand of innovations

• Experiments that pave the way

for new opportunity spaces

• ”Dealmakers” that make things

happen

• And…Luck!

Facilitationand

process support

Corporate Engagement

World classresourcenetvorks

Physical and Digital

meeting places för co-working and peer-learning

Relevant tools and processes

We need to focus on eco-system development

Our operationalization needs to embrace the characteristics of

an experimental economy

Thank

you!Vinnova fb.com/[email protected]