Session 2 - Triple Helix & Regional Innovation Strategies.pptx

Regional Innovation

1. Regional Innovation MBA Session 2: Triple Helix of University , Government and Industry & Regional Innovation Strategies

2. Outline of the Session Regional Innovation Session 2 - Triple Helix of University , Government and Industry & Regional Innovation Strategies Triple Helix University (Research & Development) Government (Funding & Nudging Institute) Industries ( Businesses – SMEs, Large Enterprises, Start-ups Regional Innovation Strategy: Local Cases ASAN Xidm ət , E-Governance Innovation Labs (I-Labs) : Characteristics Regional Innovation Strategies & System Main Characteristics of Regional Innovation Strategies Contemporary Tendency In Regional Innovation Strategies Possible Results & Outcomes of Regional Innovation Strategies Ideal Regional Innovation Systems & Advance Regional Innovation Strategies

3. Triple Helix Enterprises gain competitive advantage taking the most of their closest resources. A mixture of close competition with collaboration generate an environment where firms can growth being able to compete in global markets This performance of the industrial tissue requires a strong innovation system with fluent relations among its members (triple helix) Regional Innovation Strategies (RIS) encourages the formation of networks, thin relationships between the public sector, the research community and the business tissue (Triple Helix)

4. Triple Helix Approach A good, working relationship between the three partners of the triple helix can lead to a productive research environment, and enhance innovation and economic development in a region. “the need to balance the intellectual independence of the scientist with the industrial appetite for commercial opportunity tempers the partners in the triple helix.” (Lowe, 1982: 239) Governments are offering incentives, on the one hand, and pressing academic institutions, on the other, to go beyond performing the traditional functions of cultural memory, education and research, and make a more direct contribution to "wealth creation" (HMSO 1993).

5. Triple Helix Approach

6. Regional Innovation Strategy (Local Services in Azerbaijan) ASAN Xidm ə t Case & E- Governance Case

7. Innovation Labs

8. Characteristics of Innovation Labs (I-Labs) Pursuit of new ideas, products, and services Fast-track new products, understand market trends, and develop solutions for customers / citizens. Agile Start-ups intends to disrupt or complement the overall company Creation of new ideas, executing them, and iterating until the idea is fully adapted or integrated into the business. Market research, or keep abreast of potential disruptors in the field Inject a fresh outlook into an organization / entity    

9. Amazon Lab126 Amazon Lab126 is an inventive research and development company that designs and engineers high-profile consumer electronic devices like the Kindle family of products . Lab126 began in 2004 as a subsidiary of Amazon.com. Examples of Innovation Labs Mission: “To make available in less than 60 seconds every book, ever written, in any language, in print our out of print; and bring the same ease-of-use, deep integration and superior selection of content to movies, TV shows, music, magazines, apps, games, and more.”

10. Google X Google X is a semi-secret facility dedicated to making major technological advancements . Work at the lab is overseen by Sergey Brin, one of Google's co-founders , while scientist and entrepreneur Astro Teller directs day-to-day activities . Aim to improve technologies by a factor of 10, and to develop "science fiction-sounding solutions”. Examples of Innovation Labs

11. Regional Innovation Strategies RIS projects aimed to support regions to develop regional innovation strategies that would enhance regional innovation and competitiveness through optimizing innovation policies and infrastructure

12. Regional Innovation Strategies (RIS) Regional Innovation Strategies are powerful instruments to develop regional economic systems and the best model to ensure a sustainable competitive growth The clarity of the objectives defined, the long term scope and the consensus among participants ensure a sustainable growth model based on knowledge.

13. Main Characteristics of Regional Innovation Strategies

14. Contemporary Tendency In Regional Innovation Strategies

15. Possible Results & Outcomes of Regional Innovation Strategies Consensus about the path followed to gain the regional competitive advantage Enterprises more involved in regional innovation system . Strengthening of regional technology offer Levels of R&D expenditures and personnel employed grew. Development of a working method based on collaboration and networking relations Improved capacity of regional firms to assimilate research results through collaboration with research agents  Fist attempt to introduce “innovation culture” and “innovation awareness” not only among regional system but society itself.

16. Ideal Regional Innovation Systems &Advance Regional Innovation Strategies