Innovation

Resilient tomorrow

If the rate of change on the outside exceeds the rate of change on the inside, the end is near

Innovation

Resilient tomorrow

If the rate of change on the outside exceeds the rate of change on the inside, the end is near

From Innovation Ecosystems to Startup Ecosystems Global Megatrends In Ecosystem Developments

Transition Factors

From past

  • simple linear world
  • closed, expensive and less creative pressure or freedom
  • dependency on “hosts & gatekeepers”
  • about ideas, invention and research by big companies creating most actual innovations (mainly due cost factors)
  • old models are already working “at their best level” and are difficult to significantly improve, so markets seek for “next level” solutions
  • minimal innovation impact achieved by outsider strategies and methods (customer development)
  • Innovation requires for someone to take initiative with commitment to make it happen

Today and Future

  • non linear, globally networked world
  • free & cheap technology, platforms, infra & go to market channels
  • innovation via startups fast, flexible, highly motivated, cost effective, supported by private and public parties
  • innovation process is more open and more exposed to true market validation
  • smart big companies are moving towards open innovation
  • working together and acquiring most potential startup and talent
  • startups are “outsourced innovation” for big companies, just like app developers are for software platforms (iOS, Android etc.)
  • Startups and innovative SME’s are biggest job creators

Dynamic startup ecosystems breed new startups that create 2/3 of new jobs, attract international talent and foreign direct investments. Network connectivity within and between the ecosystems is the single most important contributor to growth.