The strategic objectives of innovation policy is to drive long term economic growth, however understanding the casual factors which drive successful innovation is a complicated task
Government
Why governments need a value capture strategy to realise their innovation efforts
Governments are dedicating resources to areas of strategic value creation, without an effective innovation realisation strategy.
Karveh Cavalieri | Dec 2017
Industry
Innovation Policy Must Understand the Needs of the Innovators:
Olam has been a role model for successful entry and growth in adjacent markets. In 1989, it had 1 product (cashew), 1 end market (Europe), Nil financials and 2 employees. Fast forward to 2010, it is in 20 product categories, 11,000 global customers and over $20bn in revenue. Its success has been the result of building a well differentiated core, which it could roll out across commodities and countries.
Pippa Blunt | Sep 2018
Industry
DARPA a Role Model for Government Innovation
Earning a leadership positions in hot markets is the holy grail for most companies. On average, the top 2 competitors usually capture more than 75% of the profit pool. However the reality is the chances of success is minimal. We examine how companies can maximise their chances of success.
Brett Milton | July 2016
We believe successful innovation policy must understand the needs of the innovators. Through our work with thousands of innovators, from research institutions and startups, to corporate venture funds and early stage investors, we have seen a gap between their needs and government support
The globalisation of venture capital, the elimination of trade barriers and the culture of collaborations have changed the dynamics of global innovation competitiveness. Governments must capitalise on change or risk being left behind.