Driving Innova+on in a Global Economy

Transcription

1 Driving Innova+on in a Global Economy Stephen Ciesinski Vice President & General Manager, SRI Interna+onal August 14, 2014

2 SRI Interna:onal History of Con:nuous Innova:on People use mul*ple SRI innova*ons every day Computer mouse 1 st ARPA- Net message Natural language pla<orm Electronic banking HDTV Low cost solar- grade silicon Address reading Cancer drugs Color film reproduc:on

3 SRI - Who We Are A world- leading independent R&D organiza*on SRI headquarters, Menlo Park, CA Founded by Stanford in 1946 Located in heart of Silicon Valley Not- for- profit corpora+on Independent in ,100 staff members 43% with advanced degrees More than 20 loca+ons worldwide Consolidated 2013 revenue ~$550M Expanding Interna+onally Sarnoff, Princeton, NJ SRI Harrisonburg, Virginia SRI State College, Pennsylvania SRI Tokyo, Japan SRI Washington, D.C. SRI St. Petersburg, Florida

4 SRI s Five Disciplines of Innova:on Important Customers & Markets High Value Crea:on Top 10 Business Book of the Year! Innova:on Champions Innova:on Teams Organiza:onal Alignment Disciplines are mul+plica+ve Market Success

5 Need for Applied Research Universi:es Corpora:ons Budget pressure Profit Demands Fundamental Science Basic Research Applied Research Product Development Produc:on

6 The Applied Research Gap SRI s Unique Role Who fills this gap? Innova+on happens here Universi:es SRI Corpora:ons Fundamental Science Basic Research Applied Research Product Development Produc:on 2012 SRI Interna+onal

7 SRI s Defini:on of Innova:on Ensure everyone is working toward same goal Innova:on: The crea+on and delivery of new customer value in the marketplace with a sustainable business model

8 Breakthrough Innova:on Leads to Job Crea:on Net jobs gained from startups ( ): +85 million Net jobs gained from exis+ng firms: - 30 million 6,000,000 4,000,000 2,000,000 New USA Jobs by Source ( ) - (2,000,000) (4,000,000) (6,000,000) Net Jobs Gain from Startups Net Jobs Gain from Exis+ng firms Source: Business Dynamics Sta+s+cs, Tim Kane

9 Growing Markets 7 billion people now moving to 9 billion people in 2050

10 How we Interact with our World is Changing

11 Product Lifecycles are Gecng Shorter Mul:ple Reasons: Faster informa+on flow Faster development cycles Sales Volume Development Introduc+on Growth Maturity Decline Worldwide compe++on Faster logis+cs Elevated expecta+ons Outsourcing everywhere! Time

12 Example: Logis:cs is a Growing Challenge E- commerce will double in next 5 years Rise of same day delivery requires new distribu+on methods B2C ecommerce Sales (US$ Trillion) $2.36 $2.05 $1.77 $1.51 $1.25 $ Source: emarketer Research

13 Example: Educa:on is Being Revolu:onized 800% College tuition Price as percent of Price in % 400% 200% 100% Medical care Gasoline All consumer items 0% Source: Bureau of Labor Sta+s+cs

14 Unlimited Opportuni:es Food technology Intelligent services Addi+ve manufacturing Advanced logis+cs Digital educa+on Social media

15 Global Innova:on Economy Driven by both markets and technology World of abundance - unlimited opportuni*es Rapid, exponen*al change Intense, global compe**on

16 What Can We Learn From Silicon Valley Any Region of the World can also Achieve Success San Francisco Target Big Markets Develop and Encourage Talent Build Funding Sources Provide Mentors and Coaches Regulatory framework Grow Major R&D Universi+es Ins+ll Entrepreneurial culture Large companies and clusters Sand Hill Road Stanford University San Jose Meritocracy = achievement (not $)

17 Always Ready for the Next Big Thing Working on Electronics Semiconductors Microprocessors PCs Networking Internet Social Networking Other major industries grown in Silicon Valley: Semiconductor equipment, voic , sooware tools, applica+on sooware, medical equipment and devices, clean tech, gaming, mobile and more

18 Recrea:ng Silicon Valley Exactly? BeGer to take Key Elements and Apply to your Unique Environment US STATES Silicon Bayou (Louisiana) Silicon Beach (Santa Barbara) Silicon Forest (Oregon) Silicon Glacier (Montana) Silicon Hollow (Tennessee) Silicon Mesa (New Mexico) Silicon River (Missouri) Silicon Swamp (Florida) Silicon Sandbar (Cape Cod) Silicorn Valley (Iowa) COUNTRIES Billy- can Valley (Australia) Silicon Forest (Australia) Silicon Ditch (England) Silicon Fen (England) Silicon Spires (England) Silicon Glen (Scotland) Silicon Isle (Ireland) Silicon Plateau (India) Silicon Polder (Netherlands) Silicon Wadi (Israel)

19 Chile is at a Cri:cal Juncture 20 years of amazing growth Remains dependent on resource extrac+on Innova+on is the main trigger of long term economic growth Sources: WEF, The Economist, Brookings Institute

20 Chile - At a Crossroads Transi*oning from an efficiency- driven to an innova*on driven economy Chile Singapore Other Transition Economies Source: World Economic Forum

21 Chile is Taking The Right Path Established and improving ins+tu+ons Management talent Entrepreneurial philosophy Increasing interest in R&D Developed infrastructure High quality of living Strong government support for innova+on

22 CORFO and SRI s Go to Market Compe::on Iden+fy promising Chilean inven+ons & entrepreneurs Create self- sustaining innova+on ecosystem Build rela+onships between Silicon Valley and Chile Assist entrepreneurs taking their products to market

23 What Does the Innova:on Economy Require? Success = comprehensive ac*on plan aimed at CREATING VALUE! Government Ventures & SMEs New Innova9on Economy Established Industries Educa:on 23

24 Now is the Time for Chile - SEIZE THE MOMENT Compe++on is s+ff and increasing But with hard work and strong leadership, Chile can leverage strengths to become the innova+on hub of La+n America 24

25 Robert S. Pearlstein Executive Director, International Business Development SRI International Nathan Young Business Development Representative SRI International Chile Headquarters: Silicon Valley 333 Ravenswood Avenue Menlo Park, CA Washington, D.C Wilson Blvd., Suite 2800 Arlington, VA Princeton, New Jersey 201 Washington Road Princeton, NJ Addi*onal U.S. and interna*onal loca*ons