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Innovation Ecosystems that Keep on Giving Trinidad and Tobago ICT Business & Innovation Symposium 18 – 20 November 2012 Port of Spain Kim Mallalieu UWI, St. Augustine

Kim mallalieu innovation eco systems that keep on giving 18 november 2012

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Page 1: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Inno

vatio

n Ec

osys

tem

s th

at

Keep

on

Giv

ing

Trinidad and Tobago ICT Business & Innovation

Symposium 18 – 20 November 2012

Port of Spain

Kim MallalieuUWI, St. Augustine

Page 2: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

The End Game

“To enhance the social, economic

and cultural development of the

people of Trinidad and Tobago”

Page 3: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Who pays?

Page 4: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

http://www.channelingreality.com/CORE/innovation_agenda.htm

An innovation system consists of a network of organizations and processes … central to this … universities, R&D Centres, public & private sector financiers, entrepreneurs, firms, innovation centres and think tanks.

- eTeck

http://www.eteck.co.tt/1content/en/e_news.aspx?articleid=527&zoneid=89

Page 5: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Businessregistering property, cross-border trading, protecting investors, enforcing contracts, resolving insolvency, construction permits, paying taxes, credit

InnovationEstablishment of

financial education and business

innovation centres

SocietySupport for sporting

activities; employment,

edu’ion, motivational progs, counselling,

Life-Support programme, Hoop-

for-Life

Page 6: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Business

Society

InnovationOptimum

Point

Page 7: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Creating Shared Value Examples

Reduced packaging &

delivery routes:

1. Lowered carbon emissions2. Saved $200m

Wellness programmes:

1. Improved employee health2. Saved $250m on health care costs

Nestlé, GE,

InterContinental Hotel Group

etc

Page 8: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Optimization:

Competitive business advantage

with

tangible and realizable profit gains

through

innovations

that

yield social development outcomes

Page 9: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

22%

17%

4%0.3%

MED

Other

57%

22%

17%10%.3%

LOWOther 51%

F’y Illiterate

Disabled

Poor

Imprisoned

F’y Illiterate

Poor

Disabled

Imprisoned

22% 4

%HIGHOther 74%

Functionally Illiterate & Poor

Disabled

Exclusion = Key social development

issue

Page 12: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

* Instrumental competence* New market for devices* Other key engagements

* Informational competence* New market for services* Other key engagements

* Socio-technical competence* New / expanded/ more efficient ecosystems

* Strategic competence* New producers

Page 13: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Opportunity Costs are too high

Illiteracy (SD) > 1%GDP

Poverty US, CAN4%GDP

Dis-ability Globa

l 6%GD

P

89%

22%

17%

4%0.3%

MED

Other

57%

F’y Illiterate

Poor

Disabled

Imprisoned

1. Reconceive products & markets

2. Redefine Productivity in Value Chain

3. Develop clusters

Page 14: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Our Current Focus

1. Measurement frameworks as design tools

2. Inclusive design.

Page 15: Kim mallalieu innovation eco systems that keep on giving 18 november 2012

Thank you kindly