Fostering Innovation in the Arab Region Mohab Anis, PhD, MBA Managing Director, INNOVETY Associate Professor, The American University in Cairo manis@innovety.com Copyright 2012 © Innovety LLC. All rights reserved INNOVETY in a Nutshell • A non-traditional consulting firm that focuses on innovation management • INNOVETY works with clients to achieve bolder innovation results that are better, faster, and less expensive – We develop innovation management capabilities – We help build new business concepts • Served > 60 corporates, > 150 MSMEs, > 200 startups Egypt, UAE, KSA, Qatar, Kuwait, Jordan, Lebanon Power ed by Copyright 2015 © Innovety. All rights reserved Copyright 2015 © Innovety. All rights reserved Infrastructure SME & New Start-up Support Legislation & Regulatory Environment Education & Training Mindset & Culture The Pillars Things to be kept in mind »Innovation ≠ Entrepreneurship »Bottom-Up Approach »Identify which obstacles should be addressed and what resources should be mobilized (Little information, collaboration difficulties) »Identify genuine innovation that can be pursued and generated, which would create a chain reaction across a country’s sector, and generate a critical mass of innovative enterprises. Copyright 2015 © Innovety. All rights reserved Understanding Innovation INNOVATION STRATEGY INNOVATION RESULTS INNOVATION DISCIPLINE LEADERSHIP WHERE WHEN WHY INNOVATION CAPACITY PEOPLE RESOURCES PROCESSES INNOVATION DISCIPLINE METRICS BEHAVIORS Copyright 2015 © Innovety. All rights reserved Defined Transformation through technology Mobile Commerce Mobile Applications Monetize Develop Tracking Digital / Social Media Visible Potential Cloud Computing Green ICT Crowdsourcing Unknown Scan & Analyze Early Copyright 2015 © Innovety. All rights reserved Evolution Stage Advanced Innovation Assessments Company 3 Company 2 Description 1 Innovation Strategy Company 1 1 5 Innovation Innovation Strategy 2 Results 2 InnovationsOrganisation and Culture 3 3 Innovation Lifecycle Processes Idea Management 4 Product/Service/ Process development Launch / Continuous Improvement 4 Enabling Factors “A.T. Kearney House of Innovation” Copyright 2015 © Innovety. All rights reserved 5 • Vision and strategic focus on innovation • Implementation of strategy Organisation and Culture • Roles and responsibilities • Organisational structure • Organisational culture and climate Innovation Life Cycle Processes • Idea management • Product/Process and Service Development • Launch and Continuous Improvement Enabling Factors • Project management • Human Resources and Incentives • IT and Knowledge Management Innovation Results Understanding Innovation in SMEs Fast Track Privileges Step 2: Innovation Assessment (platform, onsite) Global innovative Enterprise Innovation Audit SME Innovation Award & innovation coaching A, AA, AAA Audit & Innovation Index Score Step 1: Innovation Health check Copyright 2015 © Innovety. All rights reserved Understanding Innovation & Building Indices Copyright 2015 © Innovety. All rights reserved Create an Innovation Repository to bring together best Innovation Hub and entrepreneurship practices in innovation Copyright 2015 © Innovety. All rights reserved IP Marketplace Postings • Library of useful Intellectual Property • Patent lifecycle help and explanation • Patent search Lead Generation Tools & Support • Assistance to third-parties looking for IP • Cross-license opportunities • Buy and sell IP – marketplace Copyright 2015 © Innovety. All rights reserved Innovation Map (Linking Value Chains) MSMEs Gov. Accelerators R&D Centers Investors Services Copyright 2015 © Innovety. All rights reserved Invention to Market Copyright 2015 © Innovety. All rights reserved Keep in mind Education & Services for Innovation • Influencing Curriculum to drive innovation • Educating businesses on the principles of innovation (strategy, product, service, packaging, lean innovation) • Legal Accelerators focusing on MSMEs & Startups • Leverage the internet as a channel for branding, exposure and selling online Copyright 2015 © Innovety. All rights reserved Stay in Touch manis@innovety.com www.innovety.com Egypt – Head Office Canada – Waterloo Office Alcatel-Lucent Building, 3rd Floor, Building 7, Street 22, Smart Village Giza, 12577, Egypt. Tel: +202 35 370 251 Fax: +202 35 370 252 5 – 420 Erb St. W., Suite 223 Waterloo, ON, N2L 6K6, Canada Tel: +1 519 729 6346 Fax: +1 519 746 7743 Copyright 2015 © Innovety. All rights reserved