SPIE Innovation Summit - Nov 2008
November 13th, 2008 by adminOn Nov 6, the SPIE held an interdisciplinary event on innovation that covered the historic, current and future (projected) directions in innovation as it relates to technology. The event was organized by SPIE in association with UC Berkeley and PARC. The program was a one day event that had morning sessions on general innovation and then afternoon breakout sessions on LEDs/OLEDs, Solar, and Biophotonics. The conference was well attended with many diverse personnel from technology, academia and finance.
The lead off question for the event was, Why an Innovation Summit? The consensus from the organizers was that we are currently in a down market, there is no coordinated government support for innovation, there is a large slow down in IPOs, there is currently a poor innovation infrastructure and most emerging markets have a lack of understanding of science and technology’s role in innovation. This lead to the following preface to the keynote speakers: For innovation to be a successful, is it the invention, the business model or both?
There were three keynote speakers - Henry Chesbrough from Berkeley, Robert Byer from Stanford, and author Dr. John Kao. Mr. Chesbrough’s keynotes focused on the shift from the current closed innovation system to an open system. This closed system is the idea of multiple research topics being reviewed and the development being selected as what best supports current and historical business models. The open systems has multiple research topics being reviewed and results in both development being selected for the existing revenue stream as well as development supporting adjacent areas through technology licencing and royalties, creation of spinoffs and valuing IP in both a fully realized and staged mode. The reasons behind this shift included the increasing mobilization of resources and the enormous increase in venture capital. The conclusion was these innovation models were built jointly with business models that creates value for the customers and allows the owner of the model and innovation to profit from the creation.
Robert Byers presented a historical perspective on the silicon valley? model and the close relationship between universities and corporate development. This included the historical interactions between Stanford University and Hewlett Packard Corp as well as the creation of PARC and SRI. The importance of the university knowledge base for basic research and education was detailed as a key for enabling commercial innovation.
John Kao presented some of the concepts from his book Innovation Nation? These concepts included the global basis of innovation, and the what, why and how of innovation. The what was described as creativity for a purpose that applies a value. The why is based on the 3 pieces of innovation - talent, capital and ideas. The how is compsoed of two concepts - (a) having a defined vision that includes a sense of urgency to address it and is measurable and (b) there is a responsible steward for the vision.
The afternoon sessions were high level strategic direction discussions about new technologies being created in the areas of solar, lighting and biophotonics. These were introductions to topics of short term and long term development and the divers for these innovations.
As a kick-off event in a marketplace where even established events are having trouble with attendance and quality of content, this was a very strong event and if the organizers continue to attract the same high quality of presenters, then the event will continue to be well received and very beneficial to the technology and optics community.
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