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Download our award-winning app and enjoy access to all exclusive features. Click here to access on Apple or Android.Making Europe's industry more efficient can have big benefits: cutting energy consumption, boosting productivity, providing international market advantages and allowing companies to hit green goals. There are low hanging fruits that industries can take advantage of, but there needs to be more awareness and a shift in thinking towards efficiency as something that is strategic for companies to invest in to really drive efficiency gains.On this episode of Watt Matters, Clemens Rohde and Lisa Neusel from the Fraunhofer Institute for Systems and Innovation Research join the Watt Matters team to discuss the benefits of efficient industrial efficiency, the technology needed to achieve it and how this should be reflected in policy.Even if you have energy efficient technologies, you need to use them efficiently, Rohde says. Please share your thoughts in the contribution section on the FORESIGHT app. Enjoy the show!Download our award-winning app and enjoy access to all exclusive features. Click here to access on Apple or Android. Hosted on Acast. See acast.com/privacy for more information.
Prithwiraj ‘Raj' Choudhury, Lumry Family Associate Professor at Harvard Business School, shares insights from years of research included in his newly released book “The World is Your Office: How Working from Anywhere Boosts Talent, Productivity and Innovation”. As a scholar of geography, talent, and innovation, Raj describes real world examples to illustrate how decoupling location from labor creates options and opportunities for employers and employees. He explains the economic benefits of 'working from anywhere' models for local communities. Raj emphasizes practical hybrid frameworks and team-based decision-making to unlock innovation, as well as AI and digital twins to offer more flexibility for all workers. TAKEAWAYS [01:40] Raj studies computer science and engineering but would have loved to study literature. [01:57] As a singer-songwriter, Raj discusses writing songs in Bangla and playing in a band. [02:47] Raj starting out at IBM and then starts consulting and travels the world. [03:19] Switching to academia give Raj flexibility and creativity to focus on research and poetry. [04:32] Raj becomes a migration scholar researching the match of distant talent with work. [06:17] Infosys' hiring from small Indian towns revealed underutilized high-potential talent. [07:08] Challenging early-career postings develop superior problem-solving skills that boost Indian bureaucrats' later careers. [09:05] Gen Z can benefit from digital nomad visas to travel and work globally and build connections. [10:25] “Work from Anywhere” enables a person to choose the town, city, or country to work in. [10:54] Raj stresses in-person connections so “working from anywhere” is often not working from home. [12:15] Tulsa's remote worker program is a win-win benefitting individuals and the community. [12:50] Lower cost of living and greater community engagement make smaller cities attractive for remote talent. [13:51] Work from anywhere helps reverse brain drain as talent returns to or remains in smaller towns. [15:57] Raj frames three hybrid models for teams based on meeting frequency and venue flexibility explaining when “working from anywhere” is feasible. [19:33] Performance should be measured by work quality, not time, presence, or attendance. [20:16] Managers remain essential for setting direction and motivating teams—not monitoring activity. [22:33] Managerial span of control can increase with remote tools, leading to leaner organizations. [24:46] Generative AI can codify individuals' knowledge into scalable personal bots. [25:27] AI-driven bots can extend a person's ‘human capital' across time zones and workloads. [26:30] Questions arise about bot/IP ownership—e.g. who controls the bot if an employee changes jobs. [28:29] Bots can assist with non-personal tasks, but human connection remains essential for leaders. [30:41] Raj emphasizes in-person gathering benefits rather than debating where events are organized. [31:20] Research shows people cluster by identity at in-person events unless serendipity is engineered. [32:09] Shared transportation like taxis can build bonds across silos and increase connection diversity. [33:23] “Virtual water cooler” meetings with senior leaders improved intern ratings—but bias remained. [35:40] Raj's book outlines Working from Anywhere: the business case, solutions for the challenges, and future possibilities. [36:27] Digital twins make work from anywhere possible for blue-collar roles such as in factories and hospitals. [37:30] Remote operation of facilities from centralized hubs is becoming feasible and more widespread. [38:40] Work from anywhere extends flexibility to all worker types, closing the white-blue collar divide. [39:55] IMMEDIATE ACTION TIP: Working from anywhere is the way to attract and retain talent nationally or globally. It's a talent strategy, not a work arrangement. RESOURCES Prithwiray Choudhury on LinkedIn Choudhury's new book “The World is Your Office: How Working from Anywhere Boosts Talent, Productivity, and Innovation” Research by Prithwiraj Choudhury Phone-er Tare Pakhi song by Prithwiray Choudhury Ekader Sohor song by Prithwiraj Choudhury QUOTES “Instead of moving the person, move the work. Let the person live where he, she or they want to live and just move the work to where the person is. So that's what I call ‘Work from Anywhere'”. “Performance should only be measured based on the quality of work and nothing else. So how many days people work, how many hours they work, how many meetings they attend, how many times does the manager see their face? All of that is irrelevant.” “The manager should really matter in setting the high level policy, setting the goals of the quarter of the month. And then really inspiring people to bring the best out and mentoring and coaching them, and acting as a problem solver.” “Hybrid is a mix of work from anywhere days and in-person days. Work from anywhere and in-person being equally important…There are two decisions to make. The first decision is how frequently should they meet? Should they meet every week or once a month or once a quarter? And the other decision they need to make is the venue of meeting.” “I honestly feel that instead of telling the whole company that they need to do the same form of hybrid, every team should be left to its own devices to choose what works best for them.” “Working from anywhere is the way to attract and retain talent nationally or globally. It's a talent strategy, not a work arrangement.” "With AI and automation and digital twins, now it's possible to work from anywhere in a blue collar setting for factory workers, for folks working in a hospital or a warehouse and in a power plant or an energy rig. And so now this white collar/blue collar divide about work flexibility is going to get mitigated."
A discussion with Divyes Patel, Director, Innovation, Research, & Development at a large Healthcare company based in Tennessee. During his current tenure, as well as past jobs at UnitedHealth Group and Cigna, he's focused on using data to make healthcare more efficient and effective.Divyes talks about how he initially started programming in COBOL, but quickly moved to building reports, and then to analytics. He dives into the complexity and inconsistency of Electronic Medical Records (EMR) systems data with a memorable sarcastic quote of “If you've seen one EMR, you've seen one EMR!” He outlines how #LLMs are helping to not only transcribe discussions, but interpret those discussions and prepopulate medical history entry forms. He provides some advice to young students and professional and also outlines how agentic AI will impact analytics roles. Don't miss his description of how showing business partners a new product energizes him every time!#analytics #datascience #ai #artificialintelligence #healthcare #insurance #payer
What if you could transform military medicine to better serve those who risk their lives to protect us? Join us as we uncover the inspiring journey of Air Force Colonel Dr. Vik Bebarta, a leading figure in emergency medicine and medical toxicology. From his early days at the Air Force Academy to his pivotal role in founding the University of Colorado Center for Combat Research, Dr. Bebarta shares how his experiences on deployments have shaped his perspective on the critical role of research in advancing medical practices. Explore his insights into the evolving landscape of trauma care and brain health, where balancing immediate battlefield needs with long-term innovation is paramount. Listen in to the fascinating story of how the Center for Combat Research stands at the forefront of military medical innovation, acting as a beacon of collaboration with academia and industry. Discover how the center is tackling pressing challenges like prolonged casualty care and offering mental health resources for military personnel and first responders. By drawing parallels with rural civilian healthcare, we emphasize the importance of readiness and psychological support for those operating in high-stress environments. The conversation dives deep into the complexities of diagnosing and treating traumatic brain injuries, shedding light on innovative diagnostic and therapeutic approaches being pioneered for our military and veteran communities. This episode explores leadership principles and the strategic balance required for future medical innovation in military healthcare. Dr. Bebarta shares key advice on taking calculated risks, ensuring accountability, and maintaining agility amidst evolving challenges. Through examples of partnerships among military units, academic institutions, and industry, we highlight the power of a collaborative ecosystem in advancing military medical capabilities. Join us for a compelling discussion that not only celebrates innovation but also offers valuable career advice for those aspiring to make a difference in the field of military medicine. Chapters: (00:04) Journey Into Military Medicine (12:44) Enhancing Military Medicine Through Research (22:18) Advancing Military Medical Care Through Innovation (31:20) Strategic Balancing for Future Medical Innovation (43:43) Leadership and Military Medicine Advice Chapter Summaries: (00:04) Journey Into Military Medicine Air Force Colonel Dr. Vik Bebarta shares his journey into military medicine, discussing impactful cases, research, and future challenges. (12:44) Enhancing Military Medicine Through Research Nature's military medical innovation center collaborates with academia and industry to improve pre-hospital care and support first responders. (22:18) Advancing Military Medical Care Through Innovation Advancements in trauma care and brain health for military and veterans, including oxygen levels, TBI diagnosis, and digital therapies. (31:20) Strategic Balancing for Future Medical Innovation Collaboration and agility are crucial in advancing military medicine, with a focus on prolonged care, blood solutions, and AI integration. (43:43) Leadership and Military Medicine Advice Leadership principles, career advice, and goals in military medicine, emphasizing risk-taking, accountability, agility, and collaboration. Take Home Messages: The Evolution of Military Medicine: This episode explores the journey of a military medical professional from training to deployment, highlighting the importance of research and innovation in advancing medical practices. It emphasizes the need for continuous learning and adaptation in military medicine to meet both immediate battlefield needs and long-term healthcare goals. Collaboration as a Catalyst for Innovation: A significant theme is the critical role of collaboration between military units, academic institutions, and industry partners in driving innovation in military medicine. This collaborative approach is essential for addressing complex challenges like prolonged casualty care and mental health, ensuring readiness and resilience among first responders. Advancements in Trauma and Brain Health: The episode delves into cutting-edge developments in trauma care and brain health, particularly in the context of military and veteran healthcare. Innovative trials and therapies are discussed, highlighting their potential to improve outcomes for those with traumatic brain injuries and other critical conditions. Strategic Resource Allocation: The balance between addressing immediate medical needs on the battlefield and investing in future research is a key focus. The podcast discusses the importance of strategic resource allocation to ensure agility and rigor in military medical advancements, with a particular emphasis on the integration of AI and scalable solutions. Leadership and Resilience in Military Medicine: The episode offers valuable insights into leadership within the military medical field, encouraging future professionals to embrace challenges, take calculated risks, and maintain a focus on the mission and its people. It underscores the importance of mental health support and training for military and civilian first responders to sustain their psychological well-being and effectiveness. Episode Keywords: Military medicine, Dr. Vik Bebarta, Air Force Colonel, innovation in healthcare, emergency medicine, medical toxicology, University of Colorado Center for Combat Research, trauma care, brain health, PTSD prevention, SAVE-02 trial, Marcus Institute for Brain Health, mental health, military research, leadership in military medicine, combat and civilian healthcare, prolonged casualty care, War Docs Podcast Hashtags: #MilitaryMedicine #InnovationInHealthcare #DrVicBebarta #CombatResearch #EmergencyMedicine #TraumaticBrainInjury #LeadershipInMedicine #PTSDPrevention #ProlongedCasualtyCare #WarDocsPodcast Honoring the Legacy and Preserving the History of Military Medicine The WarDocs Mission is to honor the legacy, preserve the oral history, and showcase career opportunities, unique expeditionary experiences, and achievements of Military Medicine. We foster patriotism and pride in Who we are, What we do, and, most importantly, How we serve Our Patients, the DoD, and Our Nation. Find out more and join Team WarDocs at https://www.wardocspodcast.com/ Check our list of previous guest episodes at https://www.wardocspodcast.com/our-guests Subscribe and Like our Videos on our YouTube Channel: https://www.youtube.com/@wardocspodcast Listen to the “What We Are For” Episode 47. https://bit.ly/3r87Afm WarDocs- The Military Medicine Podcast is a Non-Profit, Tax-exempt-501(c)(3) Veteran Run Organization run by volunteers. All donations are tax-deductible and go to honoring and preserving the history, experiences, successes, and lessons learned in Military Medicine. A tax receipt will be sent to you. WARDOCS documents the experiences, contributions, and innovations of all military medicine Services, ranks, and Corps who are affectionately called "Docs" as a sign of respect, trust, and confidence on and off the battlefield,demonstrating dedication to the medical care of fellow comrades in arms. Follow Us on Social Media Twitter: @wardocspodcast Facebook: WarDocs Podcast Instagram: @wardocspodcast LinkedIn: WarDocs-The Military Medicine Podcast YouTube Channel: https://www.youtube.com/@wardocspodcast
February 27, 2025: Liz Scott, Co-Executive Director and Alex's Mom from Alex's Lemonade Stand Foundation explores how a four-year-old's simple lemonade stand transformed into a movement that has raised over $300 million for childhood cancer research. Can the healthcare industry's involvement reshape the landscape of pediatric cancer research? As Scott shares stories of hope, resilience, and scientific advancement, she illuminates the complex challenges families face and unveils how the foundation's expanding programs address critical gaps in care. Key Points:00:31 What is Alex's Lemonade Stand?03:31 Impact of Donations 08:31 Breakthroughs in Pediatric Cancer Research12:42 Challenges and Future Goals19:11 Vision for the Next Five Years
Vicky Gilroy health visitor, children' nurse and Director of Innovation Research at the Institute of Health Visiting on the Healthy Start scheme.She tells us why the Food Foundation, along with more than 80 partner organisations, have written a letter to the Government calling for important changes to help pregnant women and those with babies and toddlers living in poverty receive the basic support they need for their children to grow up healthily..Click here for the Food Foundation Manifesto and here to sign up for the newsletter. Hosted on Acast. See acast.com/privacy for more information.
Broadcast from KSQD, Santa Cruz on 10-24-2024: Cindy Jaconette introduces the upcoming "Raise Your Voices for Pancreatic Cancer Support" concert at Bargetto Winery on 11/2/2024, benefiting the Santa Cruz Cancer Benefit Group. Signup at https://www.sccbg.org/ Dr. Michael Alexander discusses pancreatic cancer detection challenges and explains how the Santa Cruz Cancer Benefit Group supports local cancer services and research. Dr. Alexander describes the comprehensive services offered by the Katz Cancer Resource Center, including nurse navigation, genetic counseling, and support groups. Dr. Joel Primack shares his remarkable pancreatic cancer survival story, highlighting the importance of clinical trials and immunotherapy treatments. Dr. Primack, an astrophysicist, offers fascinating insights into modern cosmology and upcoming astronomical projects, demonstrating the importance of maintaining passion during cancer treatment. The doctor addresses questions about TB testing accuracy, explaining the high rate of false positives in Quantiferon tests and suggesting retesting protocols. Dr. Dawn responds to a caller's questions about alcohol and eating before sleep, explaining how both can interfere with sleep hormones and digestive processes.
On this episode of The Founder's Sandbox, our host Brenda McCabe speaks with Khalid Machchate; accomplished 3 x exit startup founder, operator of a startup studio, board of director positions and now in his “NEXT ACT,“ Khalid is a member of Morocco's Royal Advisory Committee by nomination from His Majesty King Mohammed 6th, for the development of the Kingdom. According to Brenda, "Khalid checks many boxes as a guest to the Founders Sandbox. The topic we settled upon is Purpose, when we met for the first time his remark to me about after he found the podcast and later on the website of Next Act Advisors, my consulting business, “It strikes me that not many people are thinking about their Next Act in life.“ They walk through Khalid's origin story: growing up in a fishing village in Morrocco in a humble family; developing and selling his first software at the age of 11 years, and most recently; Khalid joined as the youngest member of Morocco's Royal Advisory Committee for the Special Commission on the Development Model by nomination from His Majesty King Mohammed 6th, leading strategically the national development agenda through inclusive and sustainable public policies, technology and innovation. In conversations they share on how they intentionally and proactively work to provide a roadmap through digital transformation and human capital skill-up with clients. You can find out more about Khalid at: Linked IN https://www.linkedin.com/in/khalidmachchate/ https://khalidmachchate.com/ And view more of his content here : https://www.forbesafrica.com/under-30/2019/07/01/30under30-technology-category-2019/ https://www.bbc.com/afrique/region-41804783 Khalid Machchate: A Day in Our Digital Future | TED Talk A Revival of Fintech Funding in 2024 is Just a Pipe Dream... Or is it? | The Fintech Times Top 3 Digital Ways to Become the Best Leader Your Organization Deserves - The Good Men Project https://www.menabytes.com/startup-golden-rules/ Read an article by brenda on this topic at: https://nextactadvisors.com/next-act-as-a-prelude-to-a-last-act/ You can read the article in full by subscribing to Next Act Advisors at https://nextactadvisors.com/product/subscriptions/ and be sure to use the special discount code "sandbox25" for friends of The Founder's Sandbox for 25% off your subscription. transcript: 00:04 Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke corporate governance knowledge. 00:33 This comes in the form of blogs, personal book recommendations, and early access to the Founder's Sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. As a thank you to Founder's Sandbox listeners. 01:03 you can use code sandbox25 at checkout to enjoy 25% off your membership costs. Thank you. 01:17 Welcome back to the Founder's Sandbox. The Founder's Sandbox podcast is now in its second season. I am Brenda McCabe, the host. This monthly podcast reaches entrepreneurs and entrepreneurs and business owners who learn about building resilient, purpose-driven and sustainable businesses with great corporate governance. My mission is really simple. 01:44 I bring guests to the podcast who themselves are founders, business owners, corporate directors, investors, and professional service providers, who like me want to use the power of the private enterprise, be it small, medium or large, to create change for a better world. Through storytelling with each of my guests, including topics around resilience, purpose-driven organizations, and sustainable growth, 02:11 My goal is to provide a fun sandbox environment where we can equip one startup founder at a time to build a better world through great corporate governance. Today, I'm absolutely delighted to have as my guest, Khalid Machateh. He's joining the podcast today as an accomplished three-time exit startup founder, operator of a startup studio, board of director positions, and now in his next act. 02:41 He is a member of Morocco's Royal Advisory Committee by nomination from His Majesty King Mohammed VI for the development of the kingdom. So thank you Khalid for joining me in the Founder's Sandbox today. Thank you for having me, Brenda. Great. Well, you check mini boxes as a guest to the Founder's Sandbox. And I talked about business owners, corporate board directors, professional service. But this topic we settled. 03:09 upon his purpose. You know, we met for the first time and you'd actually spent some time on some podcasts as well as Next Act Advisors consulting website. And you remarked to me, you know, I don't think there are a lot of people that are thinking about their next act, right? And so we're gonna talk about throughout the podcast today purpose, Kelly's purpose and designing for his next act. 03:38 Maybe for my listeners, we'll get a glimpse of some ideas of how one's journey, professional and personal, really informs what your next act might be. So through Khalid's origin story, he grew up in a small fishing village in Morocco in a humble family. He developed and sold his first software at the age of 11. 04:05 And most recently, after many, many years, he joined as the youngest member of Morocco's Royal Advisory Committee for the Special Commission on the Development Model by nomination from His Majesty King Mohammed VI, leading strategically the national development agenda through inclusive and sustainable public policies, technology, and innovation. We're going to hear a little bit more about a state visit that Khalid just had. 04:34 in the United States of America. No, in our conversations Khalid, we shared how we both in our businesses, we intentionally and proactively work to provide a roadmap through digital transformation and human capital skill up with our clients. There is more to discover with you today. You know, my journey of moving back to the United States after over 25 years in Europe really 05:03 became my why, became purpose-driven, scalable, and very resilient. And I took that into my business. What would be your tagline, Khalid, if you were to describe your journey? 05:19 My tagline would be probably the out of the box since we're talking about, you know, so we're in the Fambur sandbox. So it would probably be the most out of the box Moroccan. 05:49 has been, basically that is what I hear from everybody, from my family to people that I studied with back when I was in school, to people that know me now. It's the, you don't fit into any box that our kind of corporate world or business world has. And so, yeah, that would be my tagline. I love it. 06:18 out of the box. And again, on your journey, it was fascinating just to research not only your LinkedIn page, the many accolades that you've received over the years. But more importantly, you have your own website, Khalid Machate. And there I we hadn't touched upon it, but you are an active public speaker. And you have speak around different themes, technology, 06:46 business and entrepreneurship, policy and governance, and you also share your own story on the stage. So I'm gonna cut to the chase. I am most interested for my listeners at the Founder's Sandbox on your story. Of course. So my story can resonate with anybody that grew up in a very small town. So I grew up in a... 07:16 in a small fishing village in the south of Morocco. The reason why that is is that my father was a public school teacher. And within our schooling system, once you get a job as a public school teacher for the government, you get assigned to where you're gonna start your career. And so you don't get a say into where you're going. 07:42 And so while we were living in McNaas, which is the city I was born in, after a year of me being born, my father had his assignment and we got assigned about 2000 kilometers south. So in the village, everything is late. The event of internet is late. 08:11 News are late, opportunities are scarce, you don't get access to much. There are no associations for education or for children's activities. And so basically we always had to make up things ourselves. How to get entertained, how to find access to music, et cetera. 08:39 And so one thing that I kind of stumbled upon, because my father was interested in, was programming. So software programming. So my dad, again, public school teacher salary for to give you an idea is around $250 a month for, you know, when you're starting out your career. 09:07 And so he was trying to round up his end of months. And so he self-learned how to fix computers. And a few years into fixing computers, he started thinking, how can I add more to that service? And then started to learn how to program as he kind of fixed himself a makeshift computer at home from the pieces that he would get from each of the fixing jobs. 09:33 And so, and all of this, I mean, he had his job, he had his salary. So the self-starting and the initiative taking kind of came from there for me. It was definitely, you know, a C to learn in my case. My dad never told me to do anything, never taught me to code. 10:00 He was very clear on, you know, I do what I want with my time and I go and I enjoy myself how I want it. But the books would be left around the house, the coding books, and I got just curious and I started taking those books and using the software on my dad's computer and learning how to code. 10:26 And that was how I got to creating my first kind of accomplished software. Started around the age of nine and finished it at around 11, where I started sharing it with school buddies and then my teacher. And at first it was just a, you know, here you can burn the CD. 10:53 if you want to learn, it was a biology course, but made in an interactive gamified way. Because I got bored at biology classes. And so what happened was, I started giving it around, and a teacher of mine actually, not my father, told me, why aren't you like making any money out of this? And I was like, well, I just thought I could help out. 11:20 And I was like, yes, but that is a lot of value. You spend a lot of time working on that. And so, yeah. And so that's how I started selling the software. And then I ended up selling it to school to distribute to their students. And that's how my first- At 11 years of age. Our story. Yeah. Amazing. Yeah. Yeah. And also, you know, you're a- 11:49 a product of the public school system, humble origins, and in your public speaking, you are probably very influential in Moroccan youth today and other Middle Eastern environments, I would imagine. So- I hope though. That's your goal. So thank you. You then went on to- 12:20 create two other businesses, can you speak to them? And were they for profit or nonprofit? So to continue on the story, then around the end of middle school, that's where my dad was able to get reassigned to my my birth city, which was McNeist. And so I started high school there. Now, 12:46 going from where I was, again, where internet had only been introduced at that point, maybe a couple of years, three, four years before that. And so I started finding out that, oh, in the big city, there are a lot more opportunities. So there are associations for students that you can find internships and, you know, different opportunities to 13:14 learn more or to do kind of side jobs or to find also just potential clients because I was always still coding and still making little websites, little management software, etc. And so it just kind of made me aware that the world was a lot bigger than where I started. And at the same time 13:43 hanging out with my family and a cousin of mine introduced me to the culture of manga, which is the Japanese cartoons. Yeah, I was I think 14 at the time. And yeah, I loved it. And I started watching quite a lot of it while being fascinated by the culture. And so 14:10 At some point I started feeling that I was getting fluid and understanding what was happening on screen without having to read the subtitles. And I was like, oh, that would be interesting. You know, I already understand. Maybe let's try to learn also the grammatical aspects of the language so that I can, you know, say that I speak another language, which is Japanese. 14:35 And so yeah, I looked online, I found quite a few websites and quite a few forums where you could learn how to write, you could learn the grammar, etc. of Japanese language. And by the time I was in the end of high school, so the year of graduation from high school, I was fairly fluent and I could write well. 15:01 And so what I did was I got myself into an NGO, a nonprofit that was catering towards university students to have access to internships. And those, you know, you have local internships, but also international internships. This was an international NGO. And so I went to the NGO. I... 15:30 And please, guys, do not hold me up to this. I was 16 at the time. I lied my way through to tell them that I was a student at university while I was still in high school, just because I thought that it wasn't fair that I had the knowledge and I had the possibility of accessing this experience. But just because of my age, I wasn't able to. 15:58 to access it. And so that's what I did. I learned about a particular university and I started saying that I was from that university. Happily enough, they did not check any, you know, credentials and then didn't ask for my ID. I didn't have an ID at the time. Again, I was 16. 16:18 And so, yeah, I had my first interview in the space of like a few weeks after I was enrolled into the internship support program. I met with the CEO of the small company in shipping in Japan that were looking to hire an intern for to help them with their IT management system. 16:43 And five minutes from the beginning of the interview, the guy was trying to speak in English, and it was very hard for him. And so I said, you know what, we can switch to Japanese. Two hours later, the obviously I was hired. But not only that, the guy was saying, you know what, I cannot just hold you for myself. So I'm going to share your resume with all of my CEO friends. So basically, I became the 17:11 this monkey savant that's coming from the Orient, you know, speaking the language and having looking nothing like what they're used to. He shared my resume with I believe 20 of his friends and I ended up having I think five projects at the same time in the space of six months to do for all these folks. 17:39 in Japan. So that was my first international contract. But that's also that was the trigger for me to start hiring other people because well, I was overwhelmed by the amount of things that I had to do. And so I just tried to look for my friends that were you know, coders and hackers of time and people that could that could help me out and started paying them, you know, from from out of pocket. 18:07 And then thought, oh, you know what? This is not very comfortable. Maybe I can, you know, I need a structure to be able to do more, better invoicing or get paid better. And so that's how I created my first company, which ended up becoming my family office now, which is KNW technology group. And so just for reference, KNW technology group, now it's a, now it's a group. It's. 18:36 in five countries. I mean, we have offices in five countries, we have clients in almost 80 countries, we're present in Africa, Europe, Middle East, and APAC, Asia, and the US and covering the Americas. And so, you know, we have quite a large footprint. 19:00 But it started this way. It started by me. At the age of 16, although you fibbed your way through it, right? And learning a language. Amazing. Wow. So you've clearly owned businesses, scaled them not only nationally, but internationally, and at a very, very tender age. Fast forward. OK, we won't talk about your age here. 19:30 People can read them in the show notes. There's some articles for you to feature. So you can do the math and discover Khalid's age. You then struck out pretty recently and decided to obtain credentials as ESG leader with a certification that you pursued both with HSBC and KPMG. Can you? 19:59 What made you pivot to really going deep into ESG, which today it's like, at least in the United States, very front and center. You were a pioneer. So what made you pursue those credentials, Khalid? Thank you. 20:25 In my case, and this was part of the initial conversation, which was preparing my next act. So around, I believe 2018, 2019, particularly 2019, I started feeling that I was kind of ready to move on from managing the group. And so throughout... 20:51 kind of the 15 or something years that I was at the head of the group and developing it, you know, developing various startups under the startup studio within the group. And all of that was exciting and, you know, we were starting projects, but still the underlying structure that is that you're running a large company that answers to clients that, you know, does kind of major projects. 21:20 They all kind of start looking the same after a while. We've worked with over 20 industries. So we've done the rounds. And so now it became more repetitive and there's nothing new under the sun. They started feeling that disconnect. And I really wanted to, basically I had a succession plan in place and I was always thinking that 21:50 I needed to move on from this. This is now is a management play and I'm a creative person, not the best manager or I'm not just not as excited about managing an existing structure as I was starting things and building new things and tinkering with things. 22:16 And so even throughout the 15 years, I've had the great luck of having great COO. And so every now and then I would run away from my duties as a group manager. And I would go do something else. So I was the innovation director for the Abu Dhabi government for a while. I was the, you know, an expert with the G20 in Argentina. I was. 22:45 part of the World Economic Forum panel of experts in Davos. I did quite a few things here and there that mainly had to do with policy at the highest level, strategy and innovation and technology. And so that's kind of what put me on the track of thinking at the time. 23:13 in the early 2010s is the governance and the sustainability aspect is not as commonly talked about compared to profits and margins, top lines. 23:37 And that kind of made me think, oh, so people, when they think about, you know, companies and managing them, they're not thinking as much about the environments within which the companies are evolving, as much as they think about, you know, the ins and the outs of the company itself. So there. And that made me, you know, realize that, oh, I 24:06 do want to create impact here and how can I create impact here is by trying to integrate technology in a way that improves the relationship of a company to their environment and their impact on their environment. And so 24:27 in my next act planning was, okay, I'll transition out of managing the group and I will seek to understand better how to incorporate ESG principles into the board governance. And so the program, which was a full year program, 24:56 was a big kind of micro masters that was very heavily focused on use cases of actual businesses and that's kind of the specialty of KPMG and more on the financial integration from HSBC to 25:25 understands and become a well-qualified board director for publicly traded companies, foundations, family offices, but with a large emphasis on the ESG and on kind of changing the mindsets in boards. So our role as graduates of this program is not to be a regular board seat, 25:54 but to be the kind of change and impact board seat and to kind of negotiate our way into changing the strategy of the company or the foundation or the family office that we are in the board of towards more impactful environment. Excellent. So it started in the 2010s, you said, right? When you kind of cut out 26:23 left the business in charge of your COO, had the opportunity to influence policy, but technology related in the MENA region, and then got formal credentialing 2018, 2019. Still you were head of the wave, right? So you do think out of the box, right? So today you do sit on a few corporate boards. 26:51 for profit and not for profit. What I wanted you to share is some of the work you've done with charitable foundations, your family foundation is one of them, but also for the for profit. So can you speak to a few of the organizations where you have been sitting or you've turned out but you've been sitting as a board member, please? 27:21 role as board member was always, you know, my way of being involved within a particular organization where I can provide the maximum value for the minimum amount of time. So that's kind of how I approached my next act, which is I do want to have more of my time for myself. 27:50 But at the same time, I still want to have impact on a larger scale. And so that's how I both selected the organizations, whether for or nonprofit, that I joined, obviously, other than the fact that I, you know, my personal interests. But it was also my way of giving as much 28:18 impact and of my value and expertise as possible while respecting my own time and my own kind of personal engagements. So I'll talk a little bit about the first the nonprofits as I wanted to be able to touch upon you know all the 28:44 the mission related or my purpose related focus, which was always how do I improve the basic life services for citizens of my country and of Africa. This has been kind of a pulling. 29:11 a theme and mission for me for as long as I could remember. And so one of the activities that I've done is supporting Africa-based entrepreneurs to have access to international markets and to have access to international funding. And so I was on the board of Demo Africa, which was an initiative that 29:40 selected some of the best African startups. So what we mean by African startups is startups that are made by African entrepreneurs and founders and that are targeted towards a need within their market. So it's not a global company or FinTech right away. No, it's actually a company born out of a need that addresses an African market. 30:10 And so taking those, giving them all the tools, teaching them how to be presentable, how to be adapted towards the international market, all the while keeping their focus and their mission on improving the livelihoods of African, you know, of their country. 30:39 Yeah, and so I've done that for I believe three years. You know, in that in that time period, the organization has helped founders raise, I believe over 150 million US dollars. Yeah, my numbers are still I still correct. A lot of them have joined a major 31:06 uh, uh, renowned kind of accelerators like Y Combinator and plug and play. Um, and a lot of them have gone to, uh, uh, you know, establish in, in multiple countries in the world, but always having kind of this underlying mission of serving the continent. Um, so that's one, uh, second would be, uh, the tech green foundation of which I'm still on the, on the board. 31:31 This is a MENA-based foundation that is there to promote and celebrate impactful initiatives and people within the MENA region and supporting them into growing and having more impact across the region coming out of their particular country. 32:00 These are privately held, so there are a few NDAs involved. I'll share just a little bit of the underlying themes. So I'm on a family office board that has multiple holding kind of companies underneath the structure. And the reason why I joined is that because they wanted to 32:29 have a better way of quantifying their impact on the community and on also in bettering the way they track their different investments across the board. And so my role as an independent board member was to come in, both help them with understanding what the financial structures and governance models are that would best suit their multi-facility. 32:58 industry focus, but also how to integrate sustainable monitoring and evaluation practices within their strategic oversight and how to structure their long-term strategies with this in mind, with the sustainability aspect in mind. Another one is a scale-up, which is a larger startup. 33:26 for the lack of a better explanation. So a scale up, they've fundraised, I believe, four rounds till today. They're growing within emerging markets, which is one of the reasons why they've reached out. And so their expansion within emerging markets has found a few blockages with regards to 33:53 cultural contextualization and understanding the mechanics of emerging markets, which is one of the things that I've worked within. Again, the 80 countries that I'm operating, a lot of them are, actually most of them are within the emerging market category. And so, yeah. 34:16 My work was to support them, understand how to contextualize for emerging markets, understand that the regulatory aspects of each of these markets, and that they needed to account for that both from a risk management standpoint, but also from an operational dilution of culture and dilution of processes and principles. And so... 34:45 This might sound a little bit more technical, but obviously to our entrepreneurs and board director listeners, it might be kind of what they do on a regular basis. But I just wanted to give a little bit of insight on that. That is quite extensive. Thank you for that. And there is at least two common themes, either in both the nonprofit 35:14 for profit. It's all around contextualizing for emerging markets, the regulatory regimes around technology, right? And the environmental and impact and society, so ESG. So how it affects the livelihood of those people, stakeholders, be they employees, suppliers, 35:42 in the markets of these that these companies for profit serve. So there is a common, common theme there Khalid. You know, you've received many accolades. I'm going to name them off here, and they will be in the show notes. And I'll get to the question in a minute here. You've received the Forbes 30 under 30 in 2019. You've received 36:11 the United Nations 100 most influential people of African descent. And that was this year. The young Arab pioneer and 2023 Africa lion and entrepreneur of the year 2017. And I don't know whether I left any out. But are is there one that you felt was more rewarding than another in hindsight now? 36:43 Well, actually within the list, I mentioned mainly the ones that were a bit transformative for me in a way. I believe the tally now is about 30 international awards. 37:05 And so the ones I mentioned were mainly ones that came at a turning point in each case. So 2017 was kind of the one of the largest international expansion years for us. Okay. It was one where one of our startups was, you know, very, very well. 37:32 uh uh uh uh prized and and poised within the uh the the international scene um and you know we had accolades from europe from the u.s um uh but the fact that we've won the you know the the the the africa lion and entrepreneur of the year for me was um oh so um you know within my continent i am you know somebody sees what i'm doing 38:02 and I'm doing something right. Whenever you're in an international forum, you feel like sometimes you're the token piece of representation. That's either due to DI or whatever the case may be, right? And so I've come to appreciate 38:30 the fact that I would be the one opening the door perhaps for others. And so being the first on the G20 stage or at a World Economic Forum stage became a way for me to say, oh, so there, you know now that there's the possibility that you also as a Moroccan, as an African, um, become part of this, um, uh, you know, become also, um, uh, Forbes 30 under 30 or, um, uh, speak at a World Economic Forum. 39:00 But back then in 2017, again, I was like this, you know, company founder with all my focus being on how do I break my imposter syndrome? You know, as a 20 something year old, how do I get over the fact that I feel that everything is undeserved, whatever we receive. And so that was that that's why. 39:29 that is on the list that I shared with you because for me that was like, oh, so the, you know, the idea of you can't be a prophet in your own community. Well, we've broken through that. The United Nations one is just because that honors me as a person. 39:53 Instead of, you know, some of my companies or whatever the case may be, but that's not you actually made impact beyond the organizations that you've worked on that you've developed that you've made. And so it felt like a, you know, lifetime achievement award type thing, you know, it just happened on the year that I finally put the mantle of the manager of the group down. 40:23 And so it felt like a consecration and a validation of all the 15 years that I've worked towards and all the things that I've done. So it was like, for me as a person that I've done good. And the Forbes one was in 2019, which came at the time where I was thinking, oh, I want to leave soon. 40:51 And at the time, before that, we didn't have any fancy, you know, kind of world-renowned prizes. We had regionals, we had in Europe, we had in the US, but none of these kind of everybody knows it award. And at the same time, also, I was approaching 30. 41:17 And you know, the, the, the imposter syndrome part started kicking in again, saying, Oh, you, everybody that's anybody has had a 30 under 30 listing, you know? So for, for founders, uh, that's kind of the, the Holy grail that you, that once you get before 30, you're, you know, you're stamped in stone. And so, yeah. So it was, uh, it was really, uh, 41:45 a fun thing to think, oh, I've gotten it actually a little bit earlier than 30. But I got it and now I can relax and get over, you know, the fact that I get to the three zero, I got my Lister. A lot of these are actually imposter syndrome related but 42:14 and really putting yourself out there to be an example for aspiring entrepreneurs to see that you can think out of the box and become relevant in the business world, while also following some purpose, which is around sustainability, which is around human capital development, and providing opportunities for the livelihood of others. So. 42:44 there is that commonality. One, you know, when I was reflecting, reading your materials in Seneca, the Roman philosopher said, you know, luck is what happens when preparation meets opportunity. So for your last, it's not your last, it's your next and current involvement, you have been named the youngest member. 43:14 of the commission for the what is it called here? Yes, the Royal advisory committee, Royal Advisory Committee by nomination from His Majesty King Mohammed for the development of the kingdom. You recently did a State Department tour in several states here in the United States. And while not, you know, revealing state secrets. 43:43 know, what was what is that like? How does that fit into your next act, Khalid? Um, of course. So let's, you know, again, one of the one of the things that I've done, and that, you know, 44:06 And that I appreciate doing. And I've done again throughout my professional career, getting out of managing the company was public policy regarding like around technology and how can different countries and states collaborate with each other for the 44:32 of their people's societal situation or socioeconomic positioning. And so since putting down the mantle as a manager, two things came to mind. One is that I wanted to continue sharing my expertise. 44:59 And that's where speaking, sitting on boards comes in. So I don't want to let all of the experience and all the richness of the things that I've learned, that I've practiced go to waste. And so that's one. And two, I want to be an eternal learner. Like I have been throughout. 45:25 my work as an entrepreneur. I want to always learn and always improve myself. And so the program with KPMG and HSBC was the first one on this journey, but I've also set up a few learning journeys, let's call them. And this- 45:54 to the US was one of them. And so the learning is by meeting all sorts of actors within the United States, whether it's public or private, around an open, secure digital economy. So talking about the subjects like cybersecurity, regulation for AI, development of digital economy, 46:24 understanding emergency management and all the things surrounding how to regulate also blockchain and cryptocurrencies and all of these things. So in three weeks, we've met, I believe, above 50 organizations from state actors to 46:52 US attorneys offices to companies like Discord or Plug and Play to universities like Carnegie Mellon and their centers for research and development to organizations like NIST. And so we've had quite a large panel of organizations that we've collaborated with and kind of had these exchanges. 47:20 of experience and knowledge, both from the US standpoint, understanding how things function within the US and what those organizations are working on, but also from our side to give them a little bit of what the rest of the world, how we view regulation versus the US's view, how we view the research and development paradigms. 47:50 etc. So this was kind of it for me. It was a learning journey but also a formal exchange with these organizations as you know a way for both of us to develop a better understanding of the state of the world of best practices from both sides and it was definitely a great 48:21 Thank you. You know, we were talking about your, your, the State Department visit, and I shared with you the largest seed fund in the United States of America is the SPR, right? And it's different branches, you know, National Institutes of Health, the National Science Foundation, etc. And I asked if they're, you weren't too familiar with that, right? Small business. 48:48 Innovation Research, SBIR, and early, early proof of concept, phase one and phase two with $250,000, typically non-dilutive. That's kind of how the US does it. And the equivalent in Morocco, what were you sharing with me? Because I thought it was fascinating. Yes. Can you share? Sounds good. 49:12 So akin to the SBIR, which you mentioned during our last conversation, in Morocco we have an organization called, previously called the CCG, but now it's called Temwilcom, which is kind of a state investment vehicle. It invests in a lot of traditional environments, 49:41 as the state investment vehicle. It has also an SME and startup support vertical. It started, I believe about seven years ago throughout a co-funding from World Bank. I believe it was a 50, $50 million co-investment, so $100 million in total. 50:09 And it is structured for Moroccan entrepreneurs as follows. You have up to... It started as up to $20,000, now it's $40,000 of grants. So, full grant. 50:28 Then there is an addition of, it was $70,000, now I believe it's $100,000, $120,000. And it's cumulative, so like if you start the first one and you are at the end of the funding, you can request the second one. 50:48 The second one is what we call an honor debt, which is basically non-dilutive, non-collateralized funding. So basically, if your company makes it, great. Then you have, they call it a couple of grace periods, so I believe three or four years where you don't have to pay back. 51:15 and then you start paying back in small installments. If your company makes it, if your company doesn't make it and closes, that's fine. And there's no pursuit of recuperation of fund from your person. 51:34 And so, above this, so between the two, I believe we're at $160,000 between the grants, at least in the current edition, which starts this year. And afterwards, you get, I believe, up to $350,000 or $400,000, and that's dilutive capital. But with no, like, where the collateral or the guarantee. 52:02 is not made by yourself or by your business. It is co-sponsored by the state, so co-sponsored by this fund. So the organism of investment actually co-invests in regular VC and PE investment funds. To allocate a guaranteed section of the funds, 52:31 for these companies. So while the money is not all from the state, but the state covers the percentage that allows the funds to kind of skip over the risk management aspect and not request collateral or not look at the companies existing infrastructure as collateral, but 52:59 the percentage that is coming from the state is what constitutes the collateral in that case. Wow, and you know, you, there are probably a lot of Moroccans that don't even know that this exists. It's my own experience and my consulting practice when founders, particularly in deep tech. Have you applied for an SBIR? What's that? It's a fabulous instrument for non-dilutive funding and to really test your ideas. 53:27 So out of the lab and to potentially commercialization. Well, we're coming to almost the end. Every single guest that joins the Founders Sandbox podcast, I ask you questions that are related to really what I'm passionate about, purpose-driven companies, resilient companies, and sustainable or scalable companies. 53:54 What does resilience mean to you? And not one guest has the same definition or meaning, and it's just a delight to hear what does resilience mean for you, Khalid? So because of the way I grew up and because of the way I, you know, I structured all my businesses with zero regard to any particular business book, just because 54:23 I wanted to go on everything by instinct. And my instinct was very risk averse, which is weird for an entrepreneur, because my objective was to basically take care of my family, take care and support the development of my country and young people that did. 54:50 that were in the same situation as I was, which is not having access to opportunities and struggling throughout their schooling, trying to find their way through to a better future. And so that's why from day one, I've never asked anybody that I've hired for a degree. 55:18 I've never asked them to speak a particular language unless it was really necessary. I structured my company in a way where people can work on what they really want and they can change what they want to work on at any point in time. I worked on the agile model way before it was as much of a trend as it is in the past few years. 55:46 We've had work from home since almost day one. The office is there just for client meetings if the rest of the teams are working from home. Yeah, I mean, again, everybody, whenever I install some different policy in the company or even when I started the startup studio. 56:15 model, it was really just to enable myself and people from my organization that wanted to be entrepreneurs and tell them, you know what, your family, if you want to start a venture, or if you have a great idea, let's do it here. Why do you have to like try to go unsupported anywhere else and try to make it on your own? And so resilience for me was a personal 56:43 like a big personal thing. I've had quite a few interesting kind of runnings with health issues, you know, with a lot of... So I was in a wheelchair for a year, as after, yeah, after an accident. I had typhoid fever coming out of nowhere and the... 57:10 antibacterial resistant one, so 60% chance of not making it. I've had quite a few things along the way that were that made it very hard to do what I wanted to do or to develop my my business or to even think straight. And so resilience is a strong word for me because that's the only thing I see as kind of a 57:39 uh theme on me building my business. It's how many challenges and how many difficulties I've had to to to come through to be able to access the opportunities that I've had or to be able to develop uh you know my company just a passport you know how hard it is to have a visa to Europe or the US or anywhere else with a Moroccan passport it's ridiculous. So try it like making it to 58:08 to your meetings and to sign like a big client to only find that you've been refused a visa for some very random, stupid reason. So again, resilience for me as a person that came from where I came from has a very, very kind of existential meaning. I can see that. And it ties probably into purpose-driven enterprise. So purpose-driven. 58:37 define that? Those startups that go through your accelerators? I mean, what is that strikes you? Curiosity. The startups that ran through my accelerator, one was in education, one was in healthcare, one was in emergency. 58:58 support for. So you can see the purpose going through right there. And the the the health care one was because, you know, my my my, my mom was was going out, trying to find, you know, some some medicines for for my cousin who was staying with us at the time and couldn't find a single it was a weekend. 59:28 And so to find a pharmacy on the weekend, you have to be able to like go and see on the ministry's website, what are the names of the pharmacies that are open at any particular weekend and because they switch. So every weekend, it's different pharmacies that you have to look for. And so it was very inconvenient, very difficult to access. And so I was like, why isn't there an app that can show you on a map what is this weekend, the active pharmacy? 59:58 And then I was like, okay, so not only that, but every time you want to go to the doctor, you have to look for the paperwork that you've gone through your tests and whatever that you've taken from your last visit. Why don't, why wouldn't you be able to have that on your phone? And so, yeah, all of that kind of culminated to a health personal assistant that had all these functionalities. 01:00:23 into one app. The emergency services, again, my mom and dad had an accident. It was in the middle of the city and still they've had to wait almost two hours for the emergency services to come in because it was in a darker alleyway and they just, you know, they avoided a dog, I believe, and hit 01:00:53 kind of bad, severe accidents. Yeah, sequels from that. And for me, it was like, how come that we don't have a system that can notify emergency services to where you are instead of, you know, a person that goes into an accident, even when they're awake enough to call for, you know, the emergency services. 01:01:20 They have to find where they are, even though they're in another town or they're disoriented. They have to describe where they are to the emergency person. It seemed so easily fixable with the basic technology. And so for me, that's what purpose is, is that we can't change the world all at once. 01:01:46 But we can change the things that we see in our lives. And if we changed it for us and for people that are around us, that impact can grow. Because if you have that issue, it's very likely that others do as well. And if you change what's around you, that change will resonate. 01:02:12 with everybody around you. The last point I will make is the platform that I've contributed or led the development of under the OCP Foundation came again from this very basic belief that people were going to university, going for things that they didn't really 01:02:42 understand or want, they weren't well oriented when they came out of high school. And then once that either that curriculum ends or doesn't even end or they drop out because they don't, you know, they don't feel that they can contribute through that, or simply don't find a job, it's, you know, in biology or philosophy or whatever the case it is. 01:03:11 economic opportunity market. They, you know, what are they going to work in with a philosophy degree other than, you know, in a mall or in a restaurant. And so, yes, there's a lot of content that's available online for them to learn a new skill, but they have to pay for most of the things that give you enough credibility or accreditation. 01:03:39 to have access to higher value economic opportunities. And so I was like, well, there is companies in the world that have a lot of these programs that enable you to have access to the certificated learning pathways within particularly within the digital economy for free. 01:04:05 You just need to be an organization that's affiliated with this company and you need to basically do a little bit of work to fundraise or to get that kind of support. And so I was like, why would my the young people from my country and from my continent not have access to these just because it's not usual? 01:04:30 for non-profits or organizations from our continent to have access to these things. And so that's why I developed the platform. And because of who I'm connected with and people that I've worked with throughout the years and my presence internationally, I knew who the director of IBM CSR was and we've worked together on a few things before. 01:04:54 I had a direct relationship with the director of partnerships of Coursera, so I was able to reach out to him as well, or the CEO of Microsoft Africa. So these connections enabled me to go say, hey, do you guys have any problems with accrediting a non-profit in Africa to be able to disperse those programs that you do? 01:05:21 And then taking those programs and putting them into a pedagogically better structured environment for students to go through one, two, and three to be able to be certified as a professional of software development or design or data or cybersecurity. And so this is again how I view purpose is that. 01:05:45 seeing something that is wrong or that is that you want to change within your environment and stopping to think that you can't change the whole world. But if you just, every one of us actually tries to change the things that they can throughout their means and if they can stretch just a little bit further to be able to impact. 01:06:11 the person next to them, I think that we'd have a much better planet to live on. It was the Dalai Lama that said, be the change you want to see in the world, right? Exactly. Fantastic. Sustainable or scalable growth, what does that mean to you? When you see it, you know it, right? Yeah. Sustainable for me is when everybody within the equation 01:06:41 of your stakeholder circle is happy with you being there. So if your company is in a town where you made that town better, if people that work for you don't want to leave unless they're forced to. 01:07:09 The organizations that represent people that work for you, your clients, your beneficiaries, whatever the case may be, are all going along or aligned with your vision because of your understanding of your presentation and you being amenable to supporting those. 01:07:38 elements of your stakeholder engagement circle. For me, that's what sustainability is. And I mean it, obviously, in a perfect world, right? So obviously, you know, some organizations or some people will have ulterior motives, some will have, you know, more personal things to go along. And as you know, you know, corporate politics and nonprofit politics are real. 01:08:05 thing that you need to be careful of when you're trying to engage with your stakeholder circle. But that's for me, I still view it as to what to strive for. And if you, you know, strive for the stars, the land on the moon kind of thing. So if, you know, if that's the best or the perfect situation, how do you try to approach or to get closer to that? 01:08:34 Scalability for me, and I don't see them as separate simply because I could have scaled my company to 10 times larger than it is today. But the reason why I've chosen to stop the growth at a certain level is that because that was the ideal size for me to be able to retain my sustainability. 01:09:03 goals and to retain the humanness of my organization, if that makes sense. Obviously, it's not a choice for everyone, but I believe in that growth for the sake of growth is no longer a sustainable trajectory for the world. We're thinking 01:09:30 infinite growth against finite resources. How do you marry those two? And so for me now, giving the understanding to organizations that you can actually be profitable without growing in that kind of unruly, unmanaged, unlimited growth. You can grow. 01:10:00 with your stakeholders, you can grow with your community. It will take a longer time, yes, but it will also enable you to grow in a more healthy environment, to be more solid and more resilient actually, which is why a lot of these kind of unicorns and hyper scalable, as we call them companies, 01:10:26 You find them, you know, going into the ground a couple of years later, it's because they stretched what hyper growth is, and they've broken the chain of both trust and resilience within their organization. Final question, Khalid. Did you have fun in the sandbox today? Yes, it was very, very fun. 01:10:51 Kind of, you know, you dug a lot out of me. I think the last point is something that I don't share as much just because it's not as, you know, I don't get questioned about it a lot, but it's definitely made me kind of re-remember how I view sustainability and scalability and purpose. So thank you so much for being such a... 01:11:19 both a graceful yet very investigative host. That would be great. And I thank you for the time. Again, we chose the title purpose designing for NextAct. You've taken us through a very fast paced and short period of time journey along the different 01:11:48 choices you've made personally and professionally. And I think you're well on your way to your next act and you've put the cornerstones in place. So thank you for sharing this. And I hope you achieved your purpose, which was for this podcast, which was not too many people are thinking about their next act. So I hope this podcast to my listeners, if you like this episode with Khalid Machate. 01:12:17 sign up for the monthly release. We gather founders, business owners, investors, corporate board directors, and professional service providers, and motivational speakers who checks a lot of the boxes like Khalid with his own journey, three-time exit founder, accelerator, sitting on corporate boards, and giving back through social impacts. 01:12:47 Thank you again Khalid and to my listeners, you can download and listen to the Founder's Sandbox. Again, there's a monthly release on any major streaming platform. So thank you, have a great rest of the day. Thank you, you too.
Are you interested in the connection between creative industries and cities? Summary of the article titled Creativity, cities and innovation from 2014 by Neil Lee and Andrés Rogríguez-Pose, published in the Environment and Planning A journal. This is a great preparation to our next interview with Julian O'Shea in episode 224 talking about the importance of creative people in cities. Since we are investigating the future of cities, I thought it would be interesting to see the link between creative industries, occupations and the innovation within cities. This article investigates the effects of creative industries and creative occupations on cities. As the most important things, I would like to highlight 3 aspects: Creativity is crucial for economic innovation, with creative occupations across various sectors playing a key role in fostering innovation, challenging the traditional focus on urban creative industries alone. There is no strong empirical evidence supporting the notion that urban settings, particularly larger cities, have a distinct advantage in driving innovation within creative industries and occupations. Policies that support creative roles across both urban and rural settings are needed, emphasizing the universal importance of creative occupations in enhancing innovation, rather than focusing solely on location-based advantages. You can find the article through this link. Abstract: The creative industries have long been seen as an innovative sector. More recent research posits that creative occupations are also a fundamental, but overlooked, driver of innovation. Theory also suggests cities are important for both creative industries and occupations, with urban environments helping firms innovate. Yet little empirical work has considered the links between creative industries, occupations, cities, and innovation at the firm level. This paper addresses this gap using a sample of over 9000 UK SMEs. Our results stress that creative industries firms are more likely to introduce original product innovations, but not those learnt from elsewhere. Creative occupations, however, appear a more robust general driver of innovation. We find no support for the hypothesis that urban creative industries firms are particularly innovative. However, creative occupations are used in cities to introduce product innovations learnt elsewhere. The results suggest that future work needs to seriously consider the importance of occupations in empirical studies of innovation. Connecting episodes you might interested in: No.002R - Intelligent cities: Variable geometries of spatial intelligence; No.041R - A 100 smart cities, a 100 utopias; No.076R - Smart innovative cities: The impact of smart city policies on urban innovation; You can find the transcript through this link. What wast the most interesting part for you? What questions did arise for you? Let me know on Twitter @WTF4Cities or on the wtf4cities.com website where the shownotes are also available. I hope this was an interesting episode for you and thanks for tuning in. Music by Lesfm from Pixabay
Dr. Sven Schimpf is the Managing Director of the Fraunhofer Group for Innovation Research and the Director of the Institute for Human Engineering and Empathic Design at Pforzheim University. He is involved in research, education, training, and mentoring in the field of innovation. Sven has conducted extensive studies on roadmapping and has a degree in Business Administration and a doctorate in Engineering earned during his tenure as part of CC R&D Management at Fraunhofer IAO. Throughout his career, he has actively engaged in national and international research and consulting projects, collaborating with various industrial companies to enhance their R&D strategies, processes, and organization. His focus lies in the realm of strategic R&D and innovation management, where he dedicates himself to monitoring, evaluating, and incorporating potentially disruptive advancements. Today, Sven and I discuss the findings of the updated roadmapping study conducted by the Fraunhofer Group for Innovation Research with three other organizations. We discuss how organizations use roadmapping and the challenges they face. We highlight the importance of clear communication and why excessive details should be avoided in roadmaps. We analyze how software developers can use the insights gained from the study to improve their roadmapping processes. Sven explains the basics of roadmapping and why mismatches between market-oriented information sources and the responsibility for roadmapping occur. We also discuss how organizations can enhance their strategic planning and decision-making processes, foster creativity, envision ambitious futures, and uniquely engage stakeholders. “There is huge potential because in the long run production technologies there are a lot of things happening and they are enabling the development of the next—or the generation after this— generation of products and services.” Dr. Sven Schimpf This week on Innovation Talks: ● The definition of roadmapping and why it is important ● An overview of the roadmapping study ● The types of companies that participated in the study ● Why there is a lack of marketing involvement in roadmapping ● The importance of sharing roadmaps with stakeholders ● The best processes to manage and update roadmaps ● Roadmapping software recommendations ● Why detail makes roadmaps less useful Connect with Dr. Sven Schimpf ● Dr. Sven Schimpf (https://qepler.com/speakers/sven-schimpf.html) ● Dr. Sven Schimpf on LinkedIn (https://www.linkedin.com/in/sven-schimpf-a527261b/) ● Fraunhofer Group for Innovation Research Roadmapping Study (https://publica.fraunhofer.de/entities/publication/b52af96f-a870-4660-837e-49d0f9db3c92/details) ● Fraunhofer Group on LinkedIn (https://www.linkedin.com/company/fraunhofer-gesellschaft/) This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9mZWVkcy5ibHVicnJ5LmNvbS9mZWVkcy8xNDY1ODg1LnhtbA) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/) | Amazon (https://music.amazon.com/podcasts/6e12f112-fdc6-499e-be27-bcdd18505859/innovation-talks) Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you. For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .
In this episode of Ideas to Innovation, we delve into the transformative influence of artificial intelligence (AI) on intellectual property (IP) and trademark law. Our conversation with guests Jay Myers, Director of Innovation for the Intellectual Property Practice Group at the Seyfarth Shaw international law firm, and Arun Hill, Senior Consultant, The Clarivate Center for IP and Innovation Research, unravels the complexities of integrating AI into legal practices. Our discussion illuminates AI's capacity to streamline trademark searches, enhance infringement monitoring, and inform strategic brand decisions. Yet, it also confronts the ethical dilemmas and practical challenges that accompany AI's rise in the legal domain. As we peer into the near future, our guests speculate on an era marked by increased efficiency and higher-quality decision-making in IP law, driven by AI's augmentation of human expertise. This vision underscores the importance of balancing technological advancements with the indispensable elements of human judgment and ethical considerations. This episode offers invaluable insights into how organizations can leverage AI to navigate the complexities of IP law, striking a balance between innovation and the critical human element of legal expertise. Join us to explore how AI is not only automating tasks but also augmenting the capabilities of IP professionals to achieve higher-quality outcomes for their clients.
Anton Howes (www.antonhowes.com) is the Head of Innovation Research at the UK-based think-tank, The Entrepreneurs Network. Anton also serves as the Historian in Residence at the Royal Society of Arts, Manufactures and Commerce. In this engaging conversation, Swami and Anton explore the fascinating role the Royal Society of Arts played in fostering innovation and invention during the late 17th and 18th centuries. Delving into the roots of the industrial revolution, they discuss the historical spread of innovation and the pivotal shift from Britain to the US in the early 19th century. Anton shares valuable insights into the significance of interdisciplinary learning as a catalyst for innovation. The discussion extends to pondering the future, exploring where the centre of gravity for innovation and invention might shift over the next decade or two. Listen to the podcast on Apple Podcasts | Spotify | Google Podcasts | Amazon Music For show notes and past episodes, visit www.contraminds.com Connect with Anton: https://www.linkedin.com/in/antonhowes/ Connect with Swami: https://www.linkedin.com/in/sivaraman-swaminathan-9856501/ This episode was made possible by the great folks at Effortless. Effortless has been designed to be user-friendly, aiding you in your journey to streamline financial tasks. Experience the convenience of achieving e-Invoicing and E-way Bill Generation in just a couple of clicks, simplifying your business processes. Visit www.goeffortless.ai to learn more.
Over the past half century, the semiconductor technology landscape has been evolving rapidly, underpinning the digital transformations we witness across the various spheres of life today. Sometimes referred to as integrated circuits or microchips, semiconductors are the backbone of modern electronics. In devices of every type, from simple gadgets to complex systems like computers, cars and household appliances, semiconductors have led to them being smaller or faster or more reliable. More inconspicuously, semiconductors are now enabling innovations in healthcare to flourish. One company, imec, stands as a vanguard in this area. Their work promises to enable smart health concepts such as precision medicine and genomics to be brought within everyone's reach, resulting in personalized treatments with better outcomes and lower costs. Joining the latest episode of the “Ideas to Innovation Season 3” podcast from Clarivate is Peter Peumans, Chief Technology Officer - Healthcare Technologies and Senior Fellow at Belgium-based imec. He and Ed White of Clarivate discuss how innovations in semiconductors led imec to be named one of 36 companies in this year's Innovators to Watch report from Clarivate. The report – guided by Ed in his role as vice president and principal analyst for IP and Innovation Research at Clarivate –identifies organizations that demonstrate both exceptional potential and above-the-bar innovation excellence.
Dr. Sven Schimpf is the Managing Director of the Fraunhofer Group for Innovation Research and the Director of the Institute for Human Engineering and Empathic Design at Pforzheim University. He is involved in research, education, training, and mentoring in the field of innovation. Sven has conducted extensive studies on roadmapping and has a degree in Business Administration and a doctorate in Engineering earned during his tenure as part of CC R&D Management at Fraunhofer IAO. Throughout his career, he has actively engaged in national and international research and consulting projects, collaborating with various industrial companies to enhance their R&D strategies, processes, and organization. His focus lies in the realm of strategic R&D and innovation management, where he dedicates himself to monitoring, evaluating, and incorporating potentially disruptive advancements. Today, Sven and I discuss the findings of the updated roadmapping study conducted by the Fraunhofer Group for Innovation Research with three other organizations. We discuss how organizations use roadmapping and the challenges they face. We highlight the importance of clear communication and why excessive details should be avoided in roadmaps. We analyze how software developers can use the insights gained from the study to improve their roadmapping processes. Sven explains the basics of roadmapping and why mismatches between market-oriented information sources and the responsibility for roadmapping occur. We also discuss how organizations can enhance their strategic planning and decision-making processes, foster creativity, envision ambitious futures, and uniquely engage stakeholders. “There is huge potential because in the long run production technologies there are a lot of things happening and they are enabling the development of the next—or the generation after this— generation of products and services.” Dr. Sven Schimpf This week on Innovation Talks: ● The definition of roadmapping and why it is important ● An overview of the roadmapping study ● The types of companies that participated in the study ● Why there is a lack of marketing involvement in roadmapping ● The importance of sharing roadmaps with stakeholders● The best processes to manage and update roadmaps ● Roadmapping software recommendations● Why detail makes roadmaps less useful Connect with Dr. Sven Schimpf ● Dr. Sven Schimpf● Dr. Sven Schimpf on LinkedIn● Fraunhofer Group for Innovation Research Roadmapping Study ● Fraunhofer Group on LinkedIn This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify | iHeart | Amazon Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you. For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.
Capt. Ben Van Buskirk, former director of NavalX, joins host Ken Harbaugh to talk about bringing an entrepreneurial and innovative spirit to naval technology research. Before leading NavalX, Capt. Van Buskirk helped establish the Strategic Warfighting Innovation Cell within the Navy's Warfighting Development Directorate. Find him on Twitter at @BenVB3 and find NavalX at @USNavalX. Learn more about NavalX here.
Learn how to make money from your ideas. Free Resources to help you sell your ideas: https://inventright.com/free-inventor... Do you need help? https://inventright.com/services/ Stephen Key's books: https://www.amazon.com/stores/Stephen... Read our articles for Forbes, Inc., and Entrepreneur: https://www.forbes.com/sites/stephenkey/ https://www.inc.com/author/stephen-key https://www.entrepreneur.com/author/s... Connect with us on LinkedIn: https://www.linkedin.com/in/stephenmkey/ https://www.linkedin.com/in/invent/ Facebook: https://www.facebook.com/inventrightllc Visit inventRight.com. Call: +1 (650) 793-1477 Hi, this is Stephen Key and Andrew Krauss. We are here to help you make money from your ideas. We started our company inventRight over two decades ago to teach people how to license (aka rent) their ideas to companies in exchange for royalties. This process is called “product licensing.” On our channel, we show you exactly how you to take an idea and license it to companies in exchange for passive income. Today, you do not have to start a business to make money from an idea. With product licensing, you don't have to write a business plan, raise money, manufacture, market, sell, or distribute any longer. Visit our website inventRight.com for more information. If you have a product idea and need some help, please contact us at: Phone: +1 (650) 793-1477 Toll Free: +1 (800) 701-7993 Email: support@inventright.com Email us: stephen@inventright.com andrew@inventright.com Learn how to start a business, how to become an entrepreneur, how to protect intellectual property, how to patent an invention, how to stop people from stealing your ideas, how to prototype an idea, how to contact companies looking for ideas, how to design a product, how to make a sell sheet, how to make a promo video, how to negotiate a licensing agreement, how to get a higher royalty rate, how to do market research, and how to work with inventRight. Stephen Key and Andrew Krauss are the cofounders of inventRight, a coaching program for entrepreneurs that has helped people from more than 65 countries license their ideas for new products. They are also the cofounders of Inventors Groups of America, an organization that hosts a free, popular monthly educational meeting for inventors online. They have more than 20 years of experience guiding people to become successful entrepreneurs. New videos every week, including interviews with successful entrepreneurs. Learn from the best! Pitch us your story to be featured on inventRightTV: youtube@inventright.com. Get your own inventing coach by contacting inventRight at #1-800-701-7993 or by visiting https://www.inventright.com/contact. inventRight, LLC. is not a law firm and does not provide legal, patent, trademark, or copyright advice. Please exercise caution when evaluating any information, including but not limited to business opportunities; links to news stories; links to services, products, or other websites. No endorsements are issued by inventRight, LLC., expressed or implied. Depiction of any trademarks/logos does not represent endorsement of inventRight, LLC, its services, or products by the trademark owner. All trademarks are registered trademarks of their respective companies. Reference on this video to any specific commercial products, process, service, manufacturer, company, or trademark does not constitute its endorsement or recommendation by inventRight, LLC or its hosts. This video may contain links to external websites that are not provided or maintained by or in any way affiliated with inventRight, LLC. Please note that the inventRight LLC. does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
This episode will be hosted by Elvira Uyarra, Professor of Innovation Studies at Alliance Manchester Business School. In recent years, and in response to major societal challenges such as climate change, migration, or food and energy security, innovation policy has both broadened its scope for action and widened the goals it is expected to address. This implies a shift from generic and primarily R&D-based innovation support measures towards a new (or third) ‘generation' of innovation policy - variously referred to as challenge-led, mission-orientated or transformative innovation policies. A more targeted and challenge-oriented innovation policy should, it is argued, help to deliver desired, and not just more, innovations. This implies a more active role of the state in funding risk-taking activities and in creating - not just correcting - markets. Whilst there is much agreement that bolder, more customised and directional policies are needed to tackle the societal challenges of our time, there is less consensus about how such policies should be implemented in practice. Drawing from her personal research journey, Professor Uyarra will discuss the rationales, challenges and particularly the key role of ‘place' in this new policy agenda. Elvira Uyarra is Professor of Innovation Studies at Alliance Manchester Business School (University of Manchester) where she is also Director of the Manchester Institute of Innovation Research. Her research sits at the intersection between innovation studies, policy studies and regional studies and has in the last few years focused on topics such as the role of universities in regional development, the role of regions in new generation innovation policies and the innovation impacts of public procurement. She has authored more than 40 scholarly articles in leading journals in geography, innovation studies and management, including Research Policy, Technovation, Regional Studies and Technological Forecasting and Social Change. Her work has been funded by the UK Research Council, international organisations (such as EU, OECD, IADB), and numerous national and regional bodies internationally. She is a Fellow of the Regional Studies Association (RSA) and editor of the journal Regional Studies. This episode will be facilitated by Philip McCann, Professor of Urban & Regional Economics at Alliance MBS.
Cindy Kohtala is a researcher, teacher, and writer in Design-for-Sustainability. Her focus is especially on everyday design, maker culture, and urban activism in sustainability transformation. She is a Professor in Design for Sustainability at Umeå Institute of Design in Sweden. She previously worked at Aalto University, Finland, in the INUSE Users and Innovation Research group and was PI of the postdoctoral research project Making the Next (Sustainable) Industrial Revolution from the Grassroots, funded by the Nessling Foundation. Here, you can read her doctoral dissertation Making Sustainability, awarded with Distinction, from Aalto ARTS books. Her areas of expertise as a Science & Technology Studies scholar include qualitative research (mainly Symbolic Interactionism, the social worlds framework, ethnographic and participant/non-participant in documenting and analyzing technology subculture). As a design researcher and teacher, she has published on and taught sustainable product-service system design, design for social innovation, design for a circular economy, design for distributed economies, values-in-design in the design of products and technologies, and collaborative- and co-design. Mentioned in the interview: o2 global network; Open Source Circular Economy Days; International Fab Lab network; Koppelting; O2 Finland and Pixelache. This interview is part of the lists: Diseño sostenible, Diseño en transición, FABLABS, Diseño y activismo, Canada y diseño, Finlandia y diseño, Suecia y diseño y D&D in English.
Mike Switzer interviews John Warner, a serial entrepreneur and founder of Innoventure in Greenville, S.C. John talks about the new Verizon Innovation Experience Hub coming to the McNair Center at USC in Columbia.
Summary of the article titled Smart innovative cities: The impact of smart city policies on urban innovation from 2018 by Andrea Caragliu and Chiara F. Del Bo, published in the Technological Forecasting & Social Change journal. Since we are investigating the future of cities, I thought it would be interesting to see whether smart city initiatives increase the likelihood of innovation in high-tech, ICT and technology with patent application. This article investigates European metropolitan areas and their smart city initiatives with regards to affecting urban innovation. You can find the article through this link. Abstract: Smart City policies have attracted relevant attention and funding over the last few years. While the time seems now ripe to conclude that such policies have a positive impact on urban economic growth, the picture is much less clear when looking at the microfoundations of this effect. In this paper we look at the urban innovation impact of Smart City policies. In fact, typical Smart City projects imply the involvement not only of major multinational corporations, along with local public authorities, but also of local companies, typically with the aim to translate general technological solutions to the local needs. A new data set collected for these analyses comprises data on Smart City features for 309 European metropolitan areas, Smart City policy intensity, and urban innovation outputs. The latter are proxied by calculating total patent applications to the European Patent Office between 2008 and 2013. Patent counts also include technologically narrower classes, namely high-tech, ICT, and specific Smart City technologies patent applications. Propensity Score Matching estimates suggest that cities engaging in Smart City policies above the EU average also tend to patent more intensively. This effect is stronger for high-tech patents, while decreases for more narrowly defined technological classes. This last result suggests possible technological spillovers from technologies directly involved in Smart City policies. You can find the transcript through this link. What wast the most interesting part for you? What questions did arise for you? Let me know on twitter @WTF4Cities! I hope this was an interesting episode for you and thanks for tuning in. Music by Lesfm from Pixabay
This event will be hosted by Kieron Flanagan, Professor of Science and Technology Policy at Alliance MBS. What next for UK science and innovation policy? The UK was an industrial and scientific pioneer. Yet for nearly as long, the country has fretted about falling behind industrial and technological competitors. For decades the UK's not terribly impressive R&D/GDP ratio of around 1.7% has resisted all attempts to improve it. For historical reasons, UK government R&D spending is unusually biased towards the ‘basic' end of the spectrum by international standards, and the geographical distribution of that spending is highly concentrated on a small number of institutions in a few places – the so-called ‘Golden Triangle' of Oxford, Cambridge and London. Now the UK is once again aiming to transform its technological fortunes, with increases in public spending in the pipeline and a target of 2.4% of GDP to be spent on R&D by 2027. The hope is that this additional R&D effort will help ‘rebalance' regional growth prospects and drive improvements in productivity. This lecture will examine what progress has been made in this agenda, what its prospects are, and in doing so will draw out some broader questions about why we fund research and what we hope to gain from it. This event will be facilitated by Luke Georghiou, Deputy President and Deputy Vice-Chancellor at the University of Manchester and Professor of Science and Technology Policy and Management in the Manchester Institute of Innovation Research at Alliance Manchester Business School.
At this Vital Topics event we will be joined by Andy Haldane, Chief Executive of the Royal Society for Arts, former Chief Economist at the Bank of England, and Honorary Professor at Alliance Manchester Business School. Andy will be exploring levelling up in this Vital Topics lecture. Levelling up - where next? Published in February 2022, the Levelling Up in the United Kingdom white paper sets out a plan of action to spread opportunity more equally across the UK. In September 2021, RSA Chief Executive Andy Haldane was appointed by the Prime Minister to define and develop the flagship national levelling up strategy – a decade-long moral, social and economic cross-government, cross society programme to spread opportunity and prosperity to all parts of the UK. In this event, Andy Haldane explores how the White Paper's ambitious vision and 12 national levelling up missions can now be made a reality in towns and cities in every part of the UK, by 2030. Andy Haldane During his 30 years at the Bank of England, Andy has become a leading expert on monetary and financial stability as one of Britain's most influential economists and served as a member on the Financial Policy Committee and Monetary Policy Committee. He was Permanent Secretary for Levelling Up at the Cabinet Office from September 2021 to March 2022. He stepped down from this role in 2021 to join the Royal Society for Arts, Manufactures and Commerce (RSA) as Chief Executive. In addition to his contribution to the Bank of England, Andy has led HM Government's Industrial Strategy Council and in 2009 co-founded Pro Bono Economics, a charity dedicated to using economics to empower the social sector. He was named one of the 100 most influential people in the world by TIME magazine in 2014 and among other positions, is a Fellow of the Royal Society and the Academy of Social Sciences and Governor of the National Institute of Economic and Social Research. This event will be facilitated by Luke Georghiou, Deputy President and Deputy Vice-Chancellor at the University of Manchester and Professor of Science and Technology Policy and Management in the Manchester Institute of Innovation Research at Alliance Manchester Business School. Sponsored by DWF, Vital Topics is Alliance MBS' series of prestigious business lectures, bringing powerful ideas and original thinking to audiences from the Manchester city-region and beyond.
At this Vital Topics event, we are joined by Andy Haldane, Chief Executive of the Royal Society for Arts, former Chief Economist at the Bank of England, and Honorary Professor at Alliance Manchester Business School. Andy will be exploring levelling up in this Vital Topics lecture. Levelling up - where next? Published in February 2022, the Levelling Up in the United Kingdom white paper sets out a plan of action to spread opportunities more equally across the UK. In September 2021, RSA Chief Executive Andy Haldane was appointed by the Prime Minister to define and develop the flagship national levelling up strategy – a decade-long moral, social and economic cross-government, cross society programme to spread opportunity and prosperity to all parts of the UK. In this event, Andy Haldane explores how the White Paper's ambitious vision and 12 national levelling up missions can now be made a reality in towns and cities in every part of the UK, by 2030. Andy Haldane During his 30 years at the Bank of England, Andy has become a leading expert on monetary and financial stability as one of Britain's most influential economists and served as a member on the Financial Policy Committee and Monetary Policy Committee. He was Permanent Secretary for Levelling Up at the Cabinet Office from September 2021 to March 2022. He stepped down from this role in 2021 to join the Royal Society for Arts, Manufactures and Commerce (RSA) as Chief Executive. In addition to his contribution to the Bank of England, Andy has led HM Government's Industrial Strategy Council and in 2009 co-founded Pro Bono Economics, a charity dedicated to using economics to empower the social sector. He was named one of the 100 most influential people in the world by TIME magazine in 2014 and among other positions, is a Fellow of the Royal Society and the Academy of Social Sciences and Governor of the National Institute of Economic and Social Research. This event is facilitated by Luke Georghiou, Deputy President and Deputy Vice-Chancellor at the University of Manchester and Professor of Science and Technology Policy and Management in the Manchester Institute of Innovation Research at Alliance Manchester Business School. Sponsored by DWF, Vital Topics is Alliance MBS' series of prestigious business lectures, bringing powerful ideas and original thinking to audiences from the Manchester city-region and beyond.
Without having a crystal ball to disclose what's coming, how do design professionals address the future demands of built environments? Well, to learn more on this question, we were happy to sit down with Mark Bryan & Jonathan Wilch of M+A Architects to hear how they address these design challenges. Mark is the Director of Innovation + Research, a Sr. Interior Designer, Certified Futurist, and foresight practice leader. Jonathan is the Director of the Healthcare and Higher Education studio as well as the Healthcare Practice Leader at M+A Architects. Mark and Jonathan describe the roles of a foresight practitioner or futurist and how they apply this technology to the design and construction of a variety of built environments. They highlight a recent project application with The Ohio State University School of Nursing and the correlating signals & drivers to frame respite rooms for clinical staff, designing for experiences, and what the future of architecture might look like in the years ahead. LinkedIn | Mark Bryan LinkedIn | Jonathan Wilch M+A Architects | People – Jonathan Wilch M+A Architects | People – Mark Bryan Institute for the Future M+A Architects
In today's episode, we look at the state of the global innovation landscape and the direction of ideas still to come, as revealed by Top 100 Global Innovators 2022 from Clarivate – an annual list that recognizes the organizations that demonstrate consistent, above-the-bar innovation excellence and which sit at the very top of the global innovation ecosystem. Joining us are Davy Brown, Vice President and Chief Technology Officer of Industrial Solutions for TE Connectivity and Ed White, Chief Analyst and Vice President of IP and Innovation Research, at Clarivate. See acast.com/privacy for privacy and opt-out information.
Episode 91In Episode 91, Chris discusses the historical changes to the Cunard Logo and Livery and we delve deep in to the latest cruise news from around the world.RMS Caronia (ca. 1956) (colorized)https://commons.wikimedia.org/wiki/File:RMS_Caronia_(ca._1956)_(colorized).jpgThis file is licensed under the Creative Commons Attribution 2.0 Generic license.Support the showListen, Like, Subscribe & Review on your favourite podcast directory.Share the podcast with someone you think will enjoy the showBuy Me A Coffee – This podcast is only possible thanks to our supporters, simply buying a coffee keeps us on air. It is just like shouting your mate a coffee, and we consider our listeners close mates. https://bit.ly/2T2FYGXSustainable Fashion – choose a TBCP design or design your own… all using organic cotton, green energy and zero plastic https://bit.ly/32G7RdhSupport Chris in his walk from Cape to Cape: All donations support zero2hero empowering young people to deal with mental health. https://donate.mycause.com.au/cause/263123?donateToMember=156839Cruise NewsCarnival Donates $50,000 to Ukrainian Relief EffortsCarnival Cruise Line today marked a half a century since its maiden voyage from PortMiami with a celebration aboard Carnival Conquest. Carnival Cruise Line President Christine Duffy was joined by Carnival Corp. Chairman Micky Arison and Carnival Corp. CEO Arnold Donald; U.S. Representatives Frederica Wilson and Vern Buchanan; Miami-Dade County Mayor Daniella Levine Cava; Doral Mayor Juan Carlos Bermudez; Miami industry and community leaders; as well as Carnival leadership.At the event, Carnival announced a $50,000 donation to World Central Kitchen to support Ukrainian relief efforts and in the name of its more than 300 team members from the country. Duffy also presented a $50,000 donation to Carnival's long-standing partner Big Brothers Big Sisters of Greater Miami. Mayor Levine Cava presented Duffy with a commemorative gift marking the occasion and Mayor Bermudez read a proclamation declaring March 11, 2022 as Carnival Cruise Line Day in Doral. Carnival currently employs more than 40,000 team members from 120 nationalities. As America's Cruise Line and the flagship brand of Carnival Corporation, Carnival has made cruising accessible and fun for more than 90 million passengers since its inception. Each year, approximately six million passengers set sail on 23 ships from 14 U.S. homeports and call on popular international destinations.In addition to today's party in Miami, Carnival's year-long 50th birthday celebrations included 17 commemorative Sailabrations cruises that featured at-sea ship meetups, special entertainment and programming.AND…As part of Carnival Cruise Line's year-long 50th birthday festivities and its Sailabrations cruises in the U.S, seven ships – Carnival Breeze, Carnival Ecstasy, Carnival Glory, Mardi Gras, Carnival Pride, Carnival Sunrise and Carnival Vista – met up near Cozumel yesterday for one of the biggest birthday parties at sea.During the meetup, each cruise ship hosted their own party on the Lido deck, where guests joined the Cruise Director, Playlist Productions cast and the ship's DJ for a birthday party complete with music and entertainment. Guests also participated in the biggest Ship-Tok at sea, where the ships' Cruise Directors and Fun Squads taught and led a choreographed dance inspired by Carnival's 50th birthday. Don't buy us a coffee this week instead… A HOTEL IN KYIV IS USING DONATIONS FROM AIRBNB TO DELIVER 15,000 MEALS A DAY DESPITE CONSTANT AIR RAID SIRENS AND MILITARY ATTACKS ON THE UKRAINIAN CAPITAL.£22,830 ($AUD40,628) has been donated to Campus Community A-Hotel in the city centre to keep their kitchen open and cook for military personnel, orphanages, nursing homes, and hospitals in Kyiv.The hotel is situated above a bomb shelter where an internet company set up online education for children in the shelter.“When the (sirens start), people can easily go downstairs and stay safe in the bomb shelter,” Gabovich said.“The guys from the internet company are doing a great job. They support all the connection so teachers from one shelter can teach children in another shelter.”The rooms at the hotel cost between £7-10 ($AUD12-18) per night and the cost of meals, medicine, and shipment fees to transport the food are covered.To donate to the Campus Community A-Hotel via Airbnb click HERE.Oceania World Cruise Record…Oceania Cruises, announced that the 2024 Around the World in 180 Days voyage aboard Insignia sold out within 30 minutes of opening for sale on March 2nd. In conjunction with the world cruise, the company also launched four new 72- to 82-day Grand Voyages in the Asia-Pacific region aboard Regatta, Nautica, and Riviera. The sell-out of the six-month-long world cruise and the enthusiastic response to the four Asia-Pacific voyages resulted in a new single-day booking record that surpasses the previous record set in September 2021 by almost 12%. JLo Partners with Virgin Voyages Entertainer Jennifer Lopez, has joined Virgin Voyages as an investor, with the singer to also serve as the cruise line's Chief Entertainment & Lifestyle Officer. With Jennifer Lopez on deck, the glamor, the energy, and the creativity just amped up, and they have unbelievable plans on the horizon.Virgin said it is “redefining” the nautical tradition of appointing a godmother from a ceremonial role to a modern, “change-making partnership”.Princess Cruises Celebrates the Madrina of Discovery PrincessPrincess Cruises recently celebrated and honoured the Discovery Princess Madrina – Hotel General Manager Terri Cybuliak – currently serving onboard Sky Princess, leading a team of 1,200 crew members within the hotel department. Her main role is to ensure exceptional guest experience from entertainment to food and beverage, housekeeping, and guest services. Terri first joined Princess in 1998 as a Junior Assistant Purser on the original Crown Princess. As Hotel General Manager, Terri helped launch Majestic Princess in China and was heavily engaged in the planning of that ship. With Sky Princess, Terri became the first female Hotel General Manager at Princess to launch a newbuild from a shipyard. Discovery Princess was delivered on January 28, 2022, at the Fincantieri Shipyard in Monfalcone, Italy. The 3,660-guest Discovery Princess is the sixth and final Royal-Class newbuild and shares all the spectacular style and luxury of her sister ships – Enchanted Princess℠, Sky Princess®, Majestic Princess℠, Regal Princess℠ and Royal Princess℠. With an array of innovative new experiences, guests will enjoy 270-degree sweeping views from the largest balconies at sea in the Sky Suites, unwind in ultimate comfort at The Sanctuary and indulge the senses with world-class dining options. Plus, Princess live entertainment presents mesmerizing Broadway-style production shows that can only be seen in the state-of-the-art Princess Theatre, including the newest show, Spotlight Bar. Discovery Princess uses the latest technologies to reduce fuel consumption, treat wastewater, and support our environmental compliance efforts.Discovery Princess is making make her way to the Port of Los Angeles to sail on a series of Mexican Riviera and California Coast voyages from March 27 – April 24, 2022. She will then head up the Pacific coast to begin a season of seven-day Alaska cruises from Seattle, making her the newest ship sailing in the Alaska region.Oh Canada! Echoing the travel industry's excitement at the news that the Canadian authorities are once again welcoming cruise ships, Cunard is eager to call on Vancouver and the spectacular region of Alaska this summer and beyond.Cunard returned to Alaska in 2019 to much fanfare and excitement, and now looks ahead with great enthusiasm to their 2022 summer Alaska season on Queen Elizabeth. The ship will again sail through the storied waters and landscapes of the Last Frontier, featuring the blue hues of the immense Hubbard Glacier, and Glacier Bay National Park – where visitors are awed by some of the world's most spectacular tidewater glaciers.The ship will sail a coastal transit from Los Angeles to Vancouver on May 30, and begin sailing in Alaska on June 5, offering seven and 10-day voyages through July. At the conclusion of the season in late July, Queen Elizabeth will sail down the west coast, providing guests the option to join the ship in San Francisco and in Los Angeles, as the ship journeys onward through the Panama Canal to cap off her Alaska voyages this year. Queen Elizabeth sails in Alaska again in 2023 with an expanded series of itineraries.Following the recent announcement of the safe resumption of cruising in Canadian ports by the Federal Minister of Transport in Canada, Princess Cruises has finalised programs and guest experiences for a full summer season of 2022 cruises and cruisetours to Alaska, as well as its popular summer and fall Canada & New England program. Meanwhile for Holland America Line. The line's first ship to arrive in Canada is Koningsdam, which calls at Victoria April 9 en route to Vancouver for an April 10 arrival. On the eastern seaboard, Zaandam calls at Halifax, Nova Scotia, May 17 while on a nine-day Atlantic Coast cruise sailing Fort Lauderdale, Florida, to Montreal.Carnival Launches Health Verification App (US)Carnival Cruise Line is making health screening simpler and quicker for guests. After a successful pilot of VeriFLY™ by Daon, a secure and free digital health app allowing vaccinated guests to easily submit pre-embarkation information, Carnival has launched the app fleetwide for all ships in all of its U.S. homeports, making Carnival the largest cruise line to utilize VeriFLY. Guests who use the VeriFLY app can expect the time it takes to complete the health assessment process during embarkation to be cut in half.“VeriFLY helps our guests easily and securely complete pre-embarkation tasks right from their smartphone. Guests can save time at the port and get on board faster by completing the process via VeriFLY,” said Carnival Cruise Line President Christine Duffy.Using the app has been an easy choice for guests from the start. In the pilot program's first test in January, ahead of a cruise on Mardi Gras from Port Canaveral, more than 85 percent of the 2,000 guests who opened an email invitation followed through by downloading the VeriFLY app.Available in the App Store or Google Play, once guests download VeriFLY, they can then search for Carnival Cruise Line and complete the required steps. Guests will be asked to submit required documentation, including vaccination status and COVID-19 test results. When the process is successfully completed, a VeriFLY pass will be issued in the app to present at embarkation. For more information on VeriFLY and the process, click here.Guests who choose not to complete the VeriFLY process are still able to complete their pre-cruise tasks on Carnival.com and present required COVID-19 documents during their embarkation.MSC to sail year round from New YorkMSC Cruises has announced that for the first time it will base one of its ships in New York and operate year-round sailings. The glamorous MSC Meraviglia will homeport in the Big Apple from April 2023 for year-round cruises to the Caribbean, Bermuda, New England and Canada. Many of the cruises from New York will visit Ocean Cay MSC Marine Reserve – the line's stunning private island destination in The Bahamas.The deployment is set to enhance MSC Cruises' presence in the North American market by complementing the rich choice of ships and itineraries sailing from both Miami and Port Canaveral/Orlando in Florida and will give guests the opportunity to extend their holiday with a stay in New York either before or after their cruise.New York Itinerary Highlights:Caribbean itineraries of either 7 or 8 nights, featuring calls in Nassau, The Bahamas and Ocean Cay MSC Marine Reserve—MSC Cruises' beautiful private island also in The Bahamas.Bermuda itineraries lasting 6 nights and offering three days docked at King's Wharf combined with several relaxing days at sea.Northern itineraries of either 10 or 11 nights, featuring calls at Boston, Massachusetts; Portland, Maine; Charlottetown, Prince Edward Island; Halifax and Sydney, Nova Scotia; and Saint John, New Brunswick. 11-night itineraries include an additional call in Newport, Rhode Island.About MSC MeravigliaAt 315 metres long and 65 metres tall, with an impressive 19 decks and capacity of up to 5,700 guests, MSC Meraviglia is a holiday destination in its own right—packed with innovative features to provide an unforgettable experience:10 different types of cabins to choose from, including solo cabins, popular balcony cabins, and stylish accommodations in the MSC Yacht Club – the premium ‘ship within a ship' featuring butler service, along with exclusive restaurant, lounge and pool areas.Galleria Meraviglia, a promenade lined with shops, restaurants and bars that stretches more than 90 metres and lined with an impressive LED sky screen.20 bars and 12 restaurants, including the popular Butcher's Cut steakhouse and Kaito Sushi and Teppanyaki.Indoor and outdoor pools and hot tubs, together with a water park and ropes course.Different theatrical extravaganzas in our 985-seat theatre.The extensive MSC Aurea Spa, providing massage therapy, body treatments, facial treatments, and a dedicated thermal area.557 square-metre gym featuring state-of-the-art equipment from Technogym™.MSC Kids' Club for children from 0-17 years old, with dedicated areas for babies, toddlers, children and teenagers, plus the Lego® Experience.Azamara Names Godmother of Azamara OnwardAzamara, announces Beth Santos, Founder and CEO of global community and lifestyle brand Wanderful, as Godmother of its newest ship, Azamara Onward. Recognized by Business Insider as a changemaker transforming the hospitality industry, Santos is a seasoned traveler who helps an inclusive community of over 45,000 women travel the world – aligning with Azamara's mission to bring guests to hidden gem destinations, inviting them to dive deeper with country intensive itineraries, immersive land programs, and overnight stays.While living abroad in São Tomé and Príncipe, Santos began Wanderful in 2009 as a travel blog, aiming to capture the diverse and shared experiences of women traveling the world. More than a decade later, Wanderful now connects over 45,000 women travellers through local events in more than 50 cities worldwide, group trips, and its online social network. Both the brand and Santos herself continually advocate for equity and inclusion in the travel industry, a mission that Azamara aims to support and uplift through this relationship with Santos. In addition to founding Wanderful, Santos created the Women in Travel Summit in 2014, the premier event for women and gender diverse travel creators, entrepreneurs, and industry which is now hosted annually on two continents. Santos also started the Bessie Awards, which honor women of impact in the travel industry, and Wanderfest, the first major outdoor travel festival by and for women.Having first cruised at the age of two with her family, Santos appreciates that cruising has a unique ability to bring people together. As a Portuguese American, Santos is especially excited about Azamara's 16-Night Portuguese Pursuit Voyage, which begins in Lisbon and ends in one of Santos' favorite cities in the world, Rio De Janeiro, allowing travelers to explore many destinations that have been influenced by the Portuguese people and culture.Santos will christen Azamara Onward in Monte Carlo on the evening of May 2, the first day of the ship's maiden voyage. Ship christening is a longstanding naval tradition dating back thousands of years, and in keeping with maritime tradition, Santos will christen the ship with champagne as a part of the official naming ceremony. Guests will be a part of this historic sailing followed by an 11-night itinerary stopping in iconic Italian cities such as Florence, Rome, Amalfi, and concluding with an overnight stay in the romantic floating city of Venice.INGER KLEIN THORHAUGE NAMED FIRST CAPTAIN OF NEW CUNARD SHIP QUEEN ANNEFollowing the eagerly anticipated name reveal of Cunard's newest ship, Queen Anne on February 8th, the luxury brand now introduces her first Captain, Inger Klein Thorhauge. Thorhauge will lead the team responsible for on board operations and take charge for the new Queen's maiden season.Thorhauge, Cunard's first female Captain, celebrates 25 years of service this year with the company and will sail Queen Anne from Italy, where she is currently being built, to Southampton ahead of her inaugural sailing in early 2024.Thorhauge, who became Captain of Queen Victoria in 2010, started her career in 1997 as Second Officer on board Cunard's Vistafjord. Originally from the Faroe Islands, her career with the company has seen her travel the world many times over as captain of Queen Victoria and more recently Queen Elizabeth.Sharing captain duties will be David Hudson who started his career with Cunard in 2006.Itineraries for Queen Anne will be revealed in May 2022. Further news about Queen Anne's senior leadership team will be revealed over the coming months.PONANT's Le Commandant Charcot sets new world record in the AntarcticOn the 27th of February 2022 in the Ross Sea, Le Commandant Charcot set a new world record in reaching the navigable latitude closest to the South Pole. PONANT's latest addition to the fleet, the high polar exploration hybrid-electric vessel powered by Liquefied Natural Gas (LNG), Le Commandant Charcot, is the first ship in the world to reach the extreme latitude of 78°44.3 South in the Bay of Whales in the Ross Sea. Le Commandant Charcot is the world's first hybrid electric LNG powered luxury polar exploration ship. It is a major innovation that signals PONANT's deep commitment to sustainable tourism and to minimising the environmental impact. A ship of scientific opportunity, she is also the only exploration ship in the world to host researchers on board and provide them with dedicated work areas. With Le Commandant Charcot, PONANT is helping the scientific world collect data and gain new insights into the world because “we protect better what we know”. Oceanwide Expeditions announces Antarctica 2023-24 programDutch polar tour operator Oceanwide Expeditions has opened its Antarctica 2023-24 program for bookings, including in the program some of its most ambitious itineraries to date.Both classic expeditions and all-new voyages make up the 2023-24 season, which offers numerous trips for returning explorers as well as travellers discovering Antarctica for the first time.Among the program's many highlights are wildlife cruises that seek out prime hotspots for viewing exotic species, exploratory voyages that emphasize rarely visited areas, and outdoor activities that immerse guests in some of Earth's most remote and wild locations.The remote Weddell Sea, Wilkins Ice Shelf, Falkland Islands, South Georgia, and iconic Antarctic Peninsula are all possibilities – along with our classic Basecamp cruises.A-ROSA to offer PremiumPLUS cruises from 2023A-ROSA Flussschiff GmbH unveiled its strategy for further developing its Premium all inclusive tariff from the 2023 season onwards. Based on detailed guest surveys and market research, the company has developed a new concept for its cruises to meet the changing needs of its guests.More than 200 improvements – large and small – will ensure that A-ROSA, currently a premium operator, becomes a ‘PremiumPLUS' operator from the 2023 season onwards. Taking into account the entire customer journey – before, during and after travel – the company will focus on making its cruises more customizable, as well as providing even better service, improving its culinary offering, becoming more family-friendly and developing its well-being portfolio. A-ROSA also plans to place greater importance on sustainability and on offering authentic experiences at its destinations.Authentic, personalised experiences in the cruise regionsAnother new area of focus for A-ROSA's city breaks by ship is helping guests experience the different destinations in an authentic way. They'll have the opportunity to get to know chefs, artists and local people from the various regions. A-ROSA will also introduce Destination Scouts. This innovative idea involves locals advising guests visiting their hometown on how to get the most out of their trip. “We'll be looking for people from the cities we call at who can give our guests insider tips about the best places to eat or shop and the best current exhibitions, concerts and events,” explained Eichler. “This will give our guests a really in-depth experience of the region and provide insight into local life beyond the tourist areas.”When it comes to excursions, there will also be a focus on personalised experiences. With 500 different excursions available, there will be something for everyone. Guests who book excursions in the new ‘exclusive tours' category will enjoy individual tours with a vehicle and driver plus their own tour guide. One particular highlight is the half-day excursion with dinner, which will be included in the cruise price from 2023 and guarantees guests an unforgettable evening.More entertainment and relaxationA-ROSA's onboard entertainment programme is set to provide even more value from 2023. Cruises with a duration of five nights or more will include an evening concert, while cruises lasting seven nights or more will feature two. Cruises of nine nights or longer will also have a subject-matter expert on board to give lectures about the destinations. The musical artists will either come from or be influenced by the cruise regions. Through their music – whether traditional songs or global hits – they'll convey the artistic flair of their homeland to the guests.A-ROSA is also responding to its guests' desire for more relaxation and well-being by widening the range of activities available. The SPA-ROSA will provide new treatments and massages, while yoga and fitness classes will be added to the onboard programme. As well as going on guided bike tours, guests will also be able to borrow e-bikes and explore destinations on their own. What's more, as the industry's only provider of family cruises, A-ROSA will also be extending its offering for children. “As well as running dedicated family cruises during the school holidays, we'll provide a Kids Club with organised activities on almost all our ships if there are more than ten children on board,” explained Eichler.Focusing on sustainability“When we were working on our realignment plan, it quickly became clear that sustainability would play a central role,” said Eichler. “A-ROSA has always been involved in environmental and social actions, but taking responsibility will be a special area of focus for us in the future.” With this in mind, A-ROSA opened its own sustainability department on 1 February 2022. Department head Sandra Wendland introduced herself at the press conference. “We've brought a high-level partner on board – the Fraunhofer Institute for Systems and Innovation Research – and we'll be working together to develop an integrated, long-term sustainability strategy for A-ROSA,” explained Wendland. The plan for the next twelve months is to determine A-ROSA's current sustainability footprint and, on the basis of field analyses and stakeholder surveys, create a clear roadmap to 2030, which will set out indicators, actions to take and targets. “We'll be presenting the entire development and implementation process in a transparent way, and the roadmap will be unveiled at the start of the 2023 season,” concluded Wendland.Viking Mississippi Floats Viking® celebrated the new 386-guest Viking Mississippi® was “floated out” in Louisiana, marking a major construction milestone and the first time the ship has touched water. Set to debut in June 2022, the Viking Mississippi will sail Viking's highly-anticipated voyages on the Lower and Upper Mississippi River, between New Orleans and St. Paul.The traditional float out took place at Edison Chouest Offshore's LaShip shipyard in Houma, Louisiana and is significant because it denotes a ship moving into its final stage of construction. In keeping with maritime tradition, the ship's ceremonial godmother, Dionne Chouest, General Counsel of Edison Chouest Offshore, assisted with the float out.Viking's arrival to the Mississippi will represent a major commitment to tourism and economic development in many communities along the river, with the new voyages expected to bring more than 7,500 guests to the region in 2022 and 17,600+ during the first full sailing season in 2023. Currently scheduled ports of call on Viking's new Mississippi River itineraries comprise seven U.S. states: Louisiana (Baton Rouge, Darrow, New Orleans and St. Francisville); Mississippi (Natchez and Vicksburg); Tennessee (Memphis); Missouri (Hannibal, St. Louis); Iowa (Burlington, Dubuque and Davenport); Wisconsin (La Crosse); and Minnesota (Red Wing, St. Paul).The Viking Mississippi Hosting 386 guests in 193 all outside staterooms, the new state-of-the-art Viking Mississippi is inspired by Viking's award-winning river and ocean ships and will feature elegant Scandinavian design, as well as public spaces that are familiar to guests but reimagined for Mississippi River voyages. Purpose-built for the Mississippi, the five-deck ship's cutting-edge design, expansive windows and comfortable amenities will make it the largest and most modern ship in the region.Fred. Olsen companies fund lorry to send team donations to UkraineSuffolk-based companies Fred. Olsen Ltd, Fred. Olsen Cruise Lines and Fred. Olsen Travel have jointly funded a lorry to send aid donated by team members to support Ukrainian refugees.Between them, the team filled 61 boxes to help those in need, containing women's, men's and children's clothing, medication for adults and children, toiletries, nappies, blankets, batteries and power packs, thermal flasks and more than 70 soft toys.The donations were collected from Fred. Olsen House, in White House Road, Ipswich, yesterday by Ruslan Postupalenko, who is providing lorries to transport the goods from his Felixstowe-based company RPER Ltd.Ruslan, aged 23 and who was born in Ukraine, is working alongside fellow Suffolk firms A2B-Online Ltd, who have donated trailers to carry the donations, and OLMAR Ltd whose drivers are donating their time to transport the goods safely.The three Fred. Olsen companies will be jointly funding the cost of the fuel for one of Ruslan's lorries to travel to Ukraine.Endurance is FoundThe Falklands Maritime Heritage Trust is pleased to confirm that the Endurance22 Expedition has located the wreck of Endurance, Sir Ernest Shackleton's ship which has not been seen since it was crushed by the ice and sank in the Weddell Sea in 1915.One hundred years after Shackleton's death, Endurance was found at a depth of 3008 metres in the Weddell Sea, within the search area defined by the expedition team before its departure from Cape Town, and approximately four miles south of the position originally recorded by Captain Worsley.The team worked from the South African polar research and logistics vessel, S.A. Agulhas II, owned by the Department of Forestry, Fisheries and Environment and under Master, Capt. Knowledge Bengu, using Saab's Sabertooth hybrid underwater search vehicles. The wreck is protected as a Historic Site and Monument under the Antarctic Treaty, ensuring that whilst the wreck is being surveyed and filmed it will not be touched or disturbed in any way.And MoreJoin the show:If you have a cruise tip, burning question or want to record a cruise review get in touch with us via the website https://thebigcruisepodcast.com/join-the-show/ Guests: Chris Frame: https://bit.ly/3a4aBCg Chris's Youtube: https://www.youtube.com/c/ChrisFrameOfficialPeter Kollar: https://www.cruising.org.au/Home Listen & Subscribe: Amazon Podcasts: https://amzn.to/3w40cDcApple Podcasts: https://apple.co/2XvD7tF Audible: https://adbl.co/3nDvuNgCastbox: https://bit.ly/2xkGBEI Google Podcasts: https://bit.ly/2RuY04u I heart Radio: https://ihr.fm/3mVIEUASpotify: https://spoti.fi/3caCwl8 Stitcher: https://bit.ly/2JWE8Tz Pocket casts: https://bit.ly/2JY4J2M Tune in: https://bit.ly/2V0Jrrs Podcast Addict: https://bit.ly/2BF6LnE Hosted on Acast. 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In 2005, the concept of hemorrhagic MI was a preformed idea. In 2022, after years of collaboration, technical advances and research, the findings on large MI size have the potential to fundamentally improve the care of patients suffering from heart attacks. In this week's Parallax podcast, Dr Ankur Kalra welcomes Dr Rohan Dharmakumar, Executive Director of the Krannert Cardiovascular Research Center at IU School of Medicine, to talk about his research on hemorrhagic myocardial infarction (MI). In this in-depth and engaging episode, Dr Kalra and Dr Dharmakumar invite us to a journey from the inception of the idea through the application of experimental imagining with serial scans to collaborative, mechanistic studies that shed light on an unmet clinical need. What is the concept of hemorrhagic MI? How can these findings be translated to clinical practice? How can we mitigate hemorrhagic MI? Questions and comments can be sent to “podcast@radciffe-group.com” and may be answered by Ankur in the next episode. Guest @rohandkumar1, hosted by @AnkurKalraMD. Produced by @RadcliffeCARDIO. Brought to you by Edwards: www.edwardstavr.com
Shobita Parthasarthy, PhD, is a professor of public policy, professor of women's and gender studies by courtesy, and Director of the Science, Technology, and Public Policy program at the Ford School of Public Policy. She joined Michigan Minds to discuss her vast research and public engagement work, share her experiences testifying before Congress, and offer words of wisdom for others who are embarking on journeys into STEM fields. See acast.com/privacy for privacy and opt-out information.
The Long Munch - Nutrition for Runners, Cyclists & Triathletes
Dr Trent Stellingwerff (Director of Innovation & Research, Canadian Sport Institute Pacific) joins us to discuss the nuances of collecting and interpreting training data, how it could be used to inform your nutrition, and we finish with some practical examples.
Links:Visit Lux Research's WebsiteEmail: laura.krishfield@luxresearchinc.comConnect with Laura on LinkedIn!Listen to our episode with Karim Kurmaly from Veramaris!Check out our new website!: https://www.globalseafood.org/podcastFollow us on social media!Twitter | Facebook | LinkedIn | InstagramShare your sustainability tips with us podcast@globalseafood.org or leave us a voicemail at +1 (603) 384-3560!If you want to be more involved in the work that we do, become a member of the Global Seafood Alliance: https://www.globalseafood.org/membership/
Justin Chapman is the Global Head of Market Advocacy & Innovation Research for Northern Trust. In this conversation, we discuss:- Synergies between banks and crypto - Current market sentiment - How Traditional Finance (Trad-Fi) views crypto - Inflation - NFTs - Banks treading the fine line - Cash links vs securities links - Zodia CustodyNorthern TrustWebsite: northerntrust.comTwitter: @NorthernTrust Youtube: Northern TrustJustin Chapman LinkedIn: Justin Chapman --------------------------------------------------------------------------------- This episode is brought to you by PrimeXBT. PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers. PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions. Code: CRYPTONEWS50 This promotion is available for a month after activation. Click the link below: PrimeXBT x CRYPTONEWS50
Mike Sutton is the Manager of Innovation & Research at the Forestry Corporation of NSW in Australia. Mike, who started his career at a time where there was only one satellite in space and where rugged data bricks that could be driven over by cars was considered high-tech, joins us to share his journey with innovation. Have a listen about his work with and thoughts about drones, airborne and UAV lidar, mobile mapping, app development, GNSS, autonomous vehicles, and virtual reality. Mike believes we are not too far away from working at the individual tree given all the technology that is available today.
Today's guest is Dr Anton Howes, a historian of innovation, with a focus on the inventors of the British Industrial Revolution. He is also author of Arts & Minds, How the Royal Society of Arts Changed a Nation and author of the popular newsletter, Age of Invention.For those who don't know, The Royal Society of Arts or its full name - Royal Society for Arts, Manufactures and Commerce is a London-based organisation committed to finding practical solutions to social challenges which was founded in 1754.Anton is writing a second book on why innovation accelerated in the eighteenth century in Britain, which in turn led to the Industrial Revolution and is also Head of Innovation Research at The Entrepreneurs Network, a UK-based think tank focused on encouraging innovation and entrepreneurship.In this interview, we look at:What ingredients are required to foster innovationWhat has surprised Anton most about his researchThe virality of invention as the improving mindset spreadsHow education could be reformed to encourage more polymathsThe impact of how poorly the invention process is portrayed in traditional media.Anton has done a vast amount of research in this area and is clearly excited about the subject which makes for a very enjoyable interview.I hope you enjoy it too.-----Let us know what you think of this episode and please rate, review and share - it means the world to me and helps others to find it too.Anton on Twitter @antonhowesDanielle on Twitter @daniellenewnham and Instagram @daniellenewnham-----Links:Anton's book, Arts and Minds: How The Royal Society of Arts Changed a NationAnton's newsletter, The Age of InventionRSA-----This episode was hosted by me - Danielle Newnham, a recovering founder, author and writer who has been interviewing tech founders and innovators for ten years - and produced by Jolin Cheng.
Hello and welcome to another interviews series episode on the Dongfang Hour! This is the second part of our interview with Molly Silk, released on October 6. Molly is a doctoral researcher in Science, Technology and Innovation Policy at Manchester Institute of Innovation Research. Molly's research focuses on topics such as China's space policy, and cultural, communicative, and cooperative efforts linked to the Chinese space program.In Part 2 of this episode, we focus on an iconic product of Chinese space culture, the sci-fi blockbuster The Wandering Earth (流浪地球), released in 2019. Special thanks to Aurélie Gillet, a collaborator at the Dongfang Hour, who kindly accepted to be the interviewer (Blaine and I admittedly weren't very familiar with the movie...).If you enjoy what you see, don't forget to follow the channel and give us a thumbs-up. Thanks and see you next time!
Madeleine Mortimore is a researcher who serves as the Global Education Innovation and Research Lead at Logitech. She studied at the Harvard Graduate School of Education and has worked in various areas of EdTech as an international educator, an innovator at the MIT Teaching and Learning Lab, a strategist associated with one of the largest online high schools in the U.S., and she also launched an EdTech startup at the Harvard Innovation Lab. Madeleine joins host Mike Palmer to discuss the research she has recently conducted on remote learning and how to optimize EdTech to create a healthy learning environment for students. We hear her advice on pursuing a career as a learning professional as she shares what it's been like doing research into one-to-one computing where each student has a device enabled for use in the classroom. Whether it's the importance of audio and acoustics, or the role of live webcams to build connection, accountability, and trust, we explore what's new and emerging in the design of flexible learning environments in a fun and cutting edge conversation you won't want to miss. You can find links to more of Maddie's research below: Logitech Education Center Hybrid Learning Solutions Classroom of the Now Subscribe to Trending in Education wherever you get your podcasts. Visit us at TrendinginEd.com for more great shows like this.
Clodagh Forde, Senior Manager of Human Insights at Coca-Cola was a delight to have on the podcast. Meagan chats to Clodagh about: How she ended up in research, and then innovation, and then research again Why she's a better researcher because of her time spent working in creativity and innovation How she brought design thinking to her research practices The impact of a few key mentors on her career trajectory The rationale behind Coca-Cola's consolidation of 450 global brands to 180 How she and her cross-functional team are assessing research tools for the business's innovation practice The distinction between human and consumer insights within Coca-Cola
Hello and welcome to another interviews series episode of the Dongfang Hour ! In this episode, we were thrilled to sit down with Molly Silk, a doctoral researcher in Science, Technology and Innovation Policy at Manchester Institute of Innovation Research. Molly's research focuses on topics such as China's space policy, and cultural, communicative and cooperative efforts linked to the Chinese space program.In this episode, we discuss the presence of space references in the life of Chinese people, the interest of commercial companies to manufacture consumer space-themed products, the role of the Chinese government in the popularization of space, and more.If you enjoy what you see, don't forget to follow the channel and give us a thumbs-up. Thanks and see you next time!
ElPodcast - Sérgio Luiz Monteiro Salles Filho - En este episodio nos acompaña el Dr. Sérgio Luiz Monteiro Salles Filho, él es Doctor en Economía por la Universidad Estatal de Campinas y Profesor Titular del Departamento de Política Científica y Tecnológica del Instituto de Geociencias del Unicamp, una de las universidades públicas más prestigiadas de São Paulo, y cuenta también con estudios posdoctorales en el Manchester Institute of Innovation Research. La innovación es un juego colectivo, dice el Dr.Sallez Filho, nadie juega solo y se requiere articular a todos los actores para formar ecosistemas de innovación y llevar el conocimiento a la sociedad vía productos, procesos y servicios. La innovación por sí misma no va a resolver todo. Exige gobernanza, coordinación, enlace y enfoque a los objetivos en el marco de la realidad social del pequeño agricultor. En este capítulo vas a conocer de: #innovacion #evaluaciondeimpacto #pequeñosproductores #politicaspublicas, #cadenaintegrada #valoragregado #ecosistemas También te dejamos aquí los vínculos para que accedas al curso gratuito de YO y MIS finanzas https://www.fira.gob.mx/CursosSeminariosXML/LstCursos.jsp?clave=0 Acá el enlace para nuestros Panoramas Alimentarios https://www.fira.gob.mx/InvYEvalEcon/EvaluacionIF Y acá más sobre el Instituto de Geociencias de la Unicamp. https://portal.ige.unicamp.br/ Puedes hacernos llegar un correo a enlace@fira.gob.mx y carista@fira.gob.mx con tus comentarios y sugerencias. ¡Nos encantará conocerte y agregarte a nuestra comunidad! No olvides por favor compartir este podcast ampliamente para que pueda llegar a quien está buscando una oportunidad de desarrollo y crecimiento.
Why do stories matter to the innovation process? What values can be instilled in innovators who share stories? How do innovation leaders inspire creators to tell and share their success and failure stories? We unpack the phrase “brilliant failures” with Joel Schall, director of technology and innovation at Henkel, and Stewart Mehlman, managing member of SKM Direction, LLC and Innovation Research Interchange alum. They explain if you're really being innovative, you should be taking risks and failing all the time. So, how do you ignite a culture within your organization that embraces failure? Joel and Stewart believe storytelling is the answer. For more information, visit our website: https://untoldcontent.com/ You can also find us on Instagram: @untoldcontent
Visit www.agileinnovationleaders.com for the full episode shownotes (including interview transcript and bonus resources - free chapter of Where to Play and Navigator worksheets). Guest Bio: Dr. Marc Gruber is full professor at the College of Management of Technology at EPFL where he holds the Chair of Entrepreneurship and Technology Commercialization (ENTC) and was Vice President for Innovation at EPFL in the 2017-2021 presidency period. Marc also acted as Associate (2013-2016) and as Deputy Editor (2017-2020) at the Academy of Management Journal (AMJ), the highest ranked empirical research journal in the management domain. Furthermore, Marc is co-author of the book “Where to Play: 3 Steps for Discovering Your Most Valuable Market Opportunities”, which introduces the Market Opportunity Navigator – a practical business tool that was recently added to the ‘Lean Startup' toolset by Steve Blank and is used by tens of thousands of startups and established firms to improve their capabilities in opportunity identification and new wealth creation. Marc Gruber joined EPFL in the fall of 2005 coming from the Munich School of Management, University of Munich (LMU), where he held the position as vice-director of the Institute of Innovation Research, Technology Management and Entrepreneurship (INNOtec) and established the LMU's Center for Entrepreneurship. He has held several visiting scholar posts at the Wharton School, University of Pennsylvania, where he conducts research on technology commercialization and entrepreneurship. He is also a visiting professor at the Business School of Imperial College, London. Marc has published his research on innovation, strategy and entrepreneurship in several leading journals such as the Academy of Management Journal, Management Science, Strategic Management Journal, and the Journal of Business Venturing. In an independent research study on the most impactful entrepreneurship scholars (Gupta et al., 2016), Marc was ranked as the worldwide #1 researcher in entrepreneurship for the 2005-2015 period (shared #1 spot), and among the worldwide top 5 for the 2000-2015 period. Beyond his research work, he is currently authoring a textbook on technology commercialization and was the co-editor of a textbook on entrepreneurship as well as a regular contributor to a weekly column on entrepreneurship in the “Frankfurter Allgemeine Zeitung”. Marc Gruber received a doctorate from the University of St. Gallen (UNISG) in 2000. In spring 2005, he received a venia legendi from the Munich School of Management (LMU) for his habilitation thesis on marketing in new ventures. Websites/ Resource URLs Where to Play website: https://wheretoplay.co/ Download WhereToPlay_Part1_Sample Chapter pdf here Download Navigator and Worksheets here Steve Blank's Blog on Flyability https://steveblank.com/2019/05/07/how-to-stop-playing-target-market-roulette-a-new-addition-to-the-lean-toolset/ Steve Blank's Blog on the Market Opportunity Navigator https://steveblank.com/2020/06/23/winners-rising-out-of-the-crisis-where-to-find-new-markets-and-customers/ Scott Shane's article on Prior Knowledge and the Discovery of Entrepreneurial Opportunities https://pubsonline.informs.org/doi/abs/10.1287/orsc.11.4.448.14602 MIT articles on commercializing 3D printing: http://meche.mit.edu/news-media/new-era-3d-printing https://sloanreview.mit.edu/article/innovation-lessons-from-3-d-printing/ Marc Gruber contact/ social media: Email: mark.gruber@epfl.ch LinkedIn: https://www.linkedin.com/in/marcbgruber/ Twitter: @MarcBGruber Books/ Resources: Where to Play: 3 Steps to Discovering Your Most Valuable Market Opportunities by Marc Gruber and Sharon Tal Four Steps to the Epiphany: Successful Strategies for Products That Win by Steve Blank The Startup Owner's Manual: The Step by Step Guide for Building a Great Company by Steve Blank and Bob Dorf The Lean Startup: How Constant Innovation Creates Radically Successful Businesses by Eric Ries Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers by Alexander Osterwalder & Yves Pigneur Value Proposition Design: How to Create Products and Services Customers Want by Alexander Osterwalder & Yves Pigneur The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business by Rita Gunther McGrath The Theory of the Growth of the Firm by Edith Penrose The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty by Rita McGrath and Ian MacMillan Related podcast episodes Steve Blank (Episode 1): http://podcast.agileinnovationleaders.com/website/1-steve-blank-on-the-need-for-innovation-showing-up-and-learning-from-failure Alex Osterwalder (Episode 3): http://podcast.agileinnovationleaders.com/website/s1e003-alex-osterwalder-on-the-3-characteristics-of-invincible-companies-and-how-he-stays-grounded-as-a-leader Sharon Tal (Episode 6): http://podcast.agileinnovationleaders.com/website/s1e005-sharon-tal-on-how-to-identify-the-best-market-opportunities-for-your-ideas-or-innovations-in-a-structured-way Interview Transcript Ula: 00:26 Hi everyone. My guest today is Dr Marc Gruber. He is a full professor at the College of Management of Technology at EPFL (a Science & Technology Higher Education Institution located in Switzerland). Marc is also the Chair of Entrepreneurship and Technology Commercialisation at EPFL and amongst his numerous other achievements, he co-authored the book Where to Play: 3 Steps for Discovering Your Most Valuable Market Opportunities with Dr Sharon Tal. This episode complements the conversation I'd had with Sharon in Episode 6. This time around, Marc shares his side of the story behind the book. He also explains how the Market Opportunity Navigator fits in with other Lean Start Up tools like the Business Model Canvas, Customer Discovery & Development, etc. With no further ado, ladies and gentlemen, my conversation with Marc Gruber. Enjoy! Ula: 01:35 Dr Marc Gruber, thank you so much for joining me on the Agile Innovation Leaders podcast. Marc Gruber: 01:41 Thank you very much for inviting me Ula. It is a pleasure to be here. Ula: 01:45 So, let's get started. Marc, I understand that you love art, can you tell me more about that? Marc Gruber: 01:52 I'm a very visual person. That's why I think early on, I developed this love for art. You know, I like to go to museums, galleries, etc. and I think it inspired my research work, how I write, but also the tools that I develop for managers, for entrepreneurs… Because it should be visual. It should be appealing. This is an interesting combination, because it combined somehow your love for the artistic, but also your research, you are typically very scientific, you are very rigorous and structured. And I think combining both worlds, it's actually quite an exciting journey. Ula: 02:26 Hmmm… Now, that's interesting. So, can you give me an example where your love for art has inspired your research work? Marc Gruber: 02:35 Well, I … it's less that it would inspire my research work in the sense that I have a concrete research question based on it. But it's more like, whenever I write, you know, write a paper or article, I think I have this… it can be a nice paragraph. But I know that I could always improve on that. It's more like a feeling that I have, that I think that there's an artistic quality towards writing research papers, that's where I see a lot of parallels. Because it's, in some sense, I when I write and there's a mistake, or there's something not so nice in the paragraph, I somehow view it, I see it, that's the link where art comes in… it can be improved. And same with music, you can hear if there's something that can be improved. Ula: 03:16 Now, that's an interesting analogy. I've also heard Steve Blank, say entrepreneurs are artists, and a good artist knows that the first instance of their work can never be the last one, there's always iterations. Marc Gruber: 03:31 Exactly. And I think that's when you write a nice research paper, or write any book or develop a tool, it should be the same type of instinct. You want to improve on it. You want to … not only do your best, but it has some intrinsic quality that you're trying to achieve that satisfies you. Ula: 03:49 Interesting, so do you paint also? Marc Gruber: 03:52 Yeah, I should make more time for it. There's no time now. I'm more of a passive art lover nowadays. When I go to conferences to give speeches, I like to go to the museums and galleries and check out the new artists, the established ones. You know, so it's, this is kind of nice because once in a while you see a nice piece, and then you acquire it and then, it travels with you for life, because you have it. Being one of these people, I like to collect these things, I would never sell them. Ula: 04:22 Who's your favorite artist? Marc Gruber: 04:24 My favorite one is Gerhard Richter from Germany. He's now 86 or so, he's a very accomplished person. He's one of the few who have truly shaped three, four different styles in art - coming up with them, you know. So you had Picasso with his different periods, but Richter has his very abstract art, and some photorealistic art, and so on. So, you really shape three, four different types of art movements in that sense. And that's quite impressive, because most artists are happy and satisfied if they can do one thing, you know, one type of trademark art, and he has done multiple. That's quite unique. Then you try to, as someone who likes art, try to understand what's the intrinsic quality that cuts across all of them. Ula: 05:05 So, the feeling of knowing when something is finished, is it like a satisfaction or a sense of pride… is something you can describe with words? Marc Gruber: 05:14 It's difficult to describe with words, but definitely, it's satisfaction - you like it. It matches your own aspirations. And you know it deep down and then you become immune to what reviewers would say. So you think, ‘Ok, I've done the work that I enjoy'. It doesn't mean that I'm neglecting what the reviewers would say, that's an intellectual stimulus that you get then from the outside. Ula: 05:37 Now moving on to your book, Where to Play: Three Steps for Discovering Your Most Valuable Market Opportunities. So, you co-authored this book with Sharon Tal. Can you tell us a bit about the inspiration behind this book? Marc Gruber: 05:53 This book goes back… my research work… to about 2001 or 2002, when I started teaching that was back then at the University of Munich, about this early stage in entrepreneurship. And I had entrepreneurs in front of me who always struggled to figure out, not doing the prototypes, etc. They struggled to figure out for whom to do the prototypes, what is a good market to play in. And drive it in multiple ways number one to understand which market domains are out there for them, and which they could address in seconds and which one is might or may not be such a good one. And this is a very interesting process that relies a lot on creativity etc. And we'll probably talk about this later on. But there was a paper by a very famous entrepreneurship researcher called Scott Shane. He studied 3D printing from MIT, how it was commercialized - as shown very nicely in his paper - that this technology, this innovation was commercialized by a couple of different people. But all of them basically applied it to the industrial domain, they knew best. Which basically meant, well, there were some people who applied it, maybe to print architectural models, others applied it to dentistry, etc. What was quite interesting for me was, the question while all of these people identified at least one opportunity, but there were some that were extremely valuable opportunities, some that were not valuable at all. So, in that sense, what I asked (in) my research was, you know, could an entrepreneur who sees more opportunities actually benefit from this choice that that he or she would generate? And this is a question that when you look at it, it's a very fundamental nature to entrepreneurship, because the market you choose shapes, not only the profit potential, the value creation potential, but it chooses, it also shapes the identity, in a way, of the company. So in that sense, I got intrigued by this question. I collected some data, then had the pleasure of having a research day at the Wharton School at the University of Pennsylvania, when I met Ian MacMillan, one of the very famous entrepreneurship scholars. It turned out that he grappled with the similar ideas that I had grappled with and I had data to investigate to analyze about these early stages in the entrepreneurial process. And we sat together, discussed it, and we have been working on this topic, as scholars ever since the first few papers came out, then end of 2008. This was a very rewarding journey that took a couple of years, then Sharon, my co-author joined the team, where she did her PhD on the topic, collecting data mainly in Israel. And after she was finished, you know, there were now more than a handful of papers. There were other authors who had started studying this topic, knowing this from the research side, but on the other hand, also seeing that there's a lot of interest by startups, but also then from large companies and understanding this early stage process better. And then Sharon and I said, ‘Okay, let's write a book.' ‘Let's solidify this; let's make sure that others can understand it and get it get access to the information because we cannot answer so many phone calls or write so many emails, always explaining the same thing.' So, in that sense, a book is a convenient tool to multiply yourself. And that's how it (the book) came about. But it happened over 15 years of research that then culminated in an effort to write a book. We initially thought it was three months' effort to write a book, it took us two years. Ula: 09:09 Oh, wow! So, 15 years of effort, of research and it took you about two years to now put together the outcome from the research. Marc Gruber: 09:19 Yeah, we thought you know, we've done the research so we should be able to write it down easily… develop a tool, a business framework around it. But that was the hard part, to write something where know the depth, where know it from the research side, you have seen thousands of cases, and then being true to yourself as a researcher and say, hey, it should be simple but not simplistic. And this is a fine line to walk for any author. Because the tool will be applied when it's simple (and) easy to use, but it also will only be applied if it delivers real value. Everyone can dumb down any question as much as one wants but then it's not useful anymore. Finding that fine line between having a simple tool but that is still useful, valuable. So, it took some time to iterate, develop different visuals, develop different explanations. After all, it I think it turned out nicely. It was just a journey that is common to anyone developing a prototype. So, in that sense, what we did there with the tool is nothing less, nothing more than developing another prototype. If you want to do it, well, it's not like a simple task. Ula: 10:22 I have read the book, it's so easy to read, very simple to understand, but not simplistic, as you've said. Why… it's quite easy to miss the amount of work it takes to make things easy and accessible. Marc Gruber: 10:36 After the fact it always looks (like) it's simple. That's exactly the reaction we want to have; that's what a framework needs to do. It needs to boil down… guide you to the main issues, help you ask the right questions and give you good answers. Great admiration for everything Alex Osterwalder and Yves Pigneur did with the Business Model Canvas book, because that's a fantastic book to really enjoy. Ula: 10:58 I have read that, yes. Could you tell us a bit more about the Market Opportunity Navigator? Because that seems to be the centerpiece of the book Where to Play. Marc Gruber: 11:09 So, the book is called Where to Play as you say. It addresses this very fundamental question, ‘Which market domain should I enter?' This is a question, if you break it down analytically, you can say, ‘Hey I first want to understand (the) playground, you know, my opportunity landscape. It's not straightforward to figure this out. Some people might think oh, I can only play in one domain but I am yet to meet an entrepreneur who actually is trapped in one domain only. Normally entrepreneurs can play in multiple domains using their competencies. Let me give you a simple example. It's a drone company out of Lausanne (Switzerland), Flyability - that Steve Blank also featured in his blog post about the book. This drone company that has created a drone in a cage, of course for such a company, they were inspired by market needs in the nuclear energy domain, but then realized there might be better market domains out there. And they did it early enough to avoid any costly pivots. Oftentimes, companies realize that only after a couple of months, maybe even years that the market domain that they had originally identified is not as performant as it could or should be. Then they need to pivot. We wondered - with our practical work with startups, with innovators and established firms - how to make this process a bit more philosophical. This doesn't mean you have a crystal ball and exactly know what the future will bring; this is not at all the idea. Quite to the contrary, in innovation, we all know that you cannot predict the future. But what is particular is that you can also already in advance, try to understand some basic features of your markets. You know, some are highly congested, some are not, some are growth markets, some are shrinking markets, etc., etc. So, there are parameters where you can say, ‘I can make an informed choice.' Second, what you can do by having this from a bird's eye view is to bake agility into the DNA of your staff. Just think about the brand name you're gonna choose. If you have a company that is doing drones, you know, this company in Lausanne that I was talking about called itself Flyability. With this name, you basically can enter any type of domain. They could also have called themselves Drones for the Inspection of Nuclear Energy Plants. This would lock them in even more into this domain and would make a pivot even harder if it should become necessary. So, in short, what we want to do with the method is to provide you with a tool to figure out what are your potential domains out there, your opportunities. And second, provide a tool that allows you to become a more agile star. And both together I think, are a winning combination that allows you to navigate this difficult and uncertain process of startup creation, of early stage innovation. Ula: 13:47 Thanks a lot Marc for that. In your book, you summarized the Market Opportunity Navigator framework as consisting of three steps. Could you let the audience know what these three steps are please? Marc Gruber: 14:02 With pleasure! The Market Opportunity Navigator has a main dashboard which depicts the three steps. The first step is the opportunity bag, you know, it's a little bag where you collect all the opportunities that you identified. The second step consists of a matrix that allows you to evaluate the attractiveness matrix. And the third step is to enter a focus, could we say, hey, that's where I focus and these could be good plan B's, in case my plan A doesn't work out or a good growth option in case my plan A works out. These three steps are depicted on the main navigator board, but behind each step is a worksheet that helps you to walk through these questions and address the main question. So, the first worksheet is dedicated towards helping you understand the different playgrounds you have, you know, the different opportunities that exist for you. It creates, therefore, the opportunity landscape. The underlying idea is that you delink your existing competencies from a concrete application. You know, also in the case of this drone company, they should think about the drones, the capabilities, the competencies they have in their own right without really linking it to any domain. And then have a creative brainstorming session internally and externally with external people to understand what is really the scope of my activities. And this is the first worksheet that helps you to figure out the opportunity landscape. The second worksheet is a worksheet that helps you to evaluate these options that you identified. This is a worksheet that builds on 50 years of venture capital research. Most of your listeners will probably be familiar with the venture capital domain and know that one of the core tasks of a venture capitalist is to understand the prospect of an early stage venture. Venture capitalists have developed a rich set of tools basically to analyze the attractiveness of potential ventures that are presented to them. And we drew on 50 years of research in this domain, and this was really hard work to bring them together into factors that shape the attractiveness, and factors that shape the challenge level in ranking an opportunity, which will combine to provide you with an assessment of how good or not so good these opportunities are. Again, under uncertainty which means while you'll need to maybe adjust your information over time etc. (because these are six factors in total), it had to give entrepreneurs and innovators a more complete view of the factors that matter. Because you might have realized that yourself when you talk to the entrepreneurs, they always excited about the opportunities they're pursuing. Usually they focus on one dimension, you know, think about market size, ‘Wow, that's a big market - that's great!' … or competitive advantage, ‘Hey, we are ahead of the competition. That's great!' But normally what they don't have (is) a pluralistic view of all the key challenges that could hinder the development - time to first revenue, which is a key metric, as entrepreneurship has shown and how long it takes to make these sales, how difficult it is to make the sales, how big (the sales are), and so on. So, you have a couple of metrics that in combination are giving you a more rounded picture of how good or not so good the opportunity is. And if you do this, not only for one opportunity, but for multiple ones, you will quickly realize that not all opportunities are alike. You know, some are high growth, some are low growth, some are highly congested, some are not so congested. With some you have a high margin, with some you have a low margin. And in combination, you have the matrix, which is then the second step in the (Market Opportunity) Navigator that allows you to assess each opportunity, but also the portfolio that you have. The third step is then building on this one, where you can say, ‘Now that I've seen multiple opportunities, (I) have a portfolio in my hands, what should I actually do?' And there, the tool is non-prescriptive, you choose what you want to do, you know, we have in the matrix, the gold mines - low challenge level, high potential; we have moonshots which have a high potential, high challenge, we have the questionables - which have high challenge but low potential; and the quick wins - which have low potential, but also have low challenge level. So, you might want to say, ‘I'll start with the gold mine' or you might want to say, ‘I feel I am the next Elon Musk, I want to change stuff with a moonshot.' Others might say, ‘You know, I'll start with a quick win and use this to develop another opportunity; I'll earn money quickly but then I'll use the proceeds to do something bigger.' And still others might say, ‘Hey, I love this other domain so much. It's a questionable (domain) but, there's another dimension of pleasure that I get out of this.' So we're not prescriptive, but what we say is, ‘Look, you pick your favorite opportunity', but what we advise you to do is to say, ‘Hey, there might be a second opportunity, a third one that is closely related, so that you have growth options that you can efficiently exploit over time.' Or you have - if the first opportunity doesn't work out - you have a good plan B. That's actually quite an interesting concept. It's not something where you invest a lot of time, but in case things go sour, don't materialize, with your first choice… you know, you want to have a pivot that is not as painful as it could be. If you have to pivot, you want to have one that doesn't consume all your energy, your resources, your time or financial resources. Pivoting could be easier, if you have good foresight. Ula: 19:08 I like the illustration in your book, that's around having a backup plan that would help with a seamless pivot where required when you showed two mountains, and there was a bridge. It's kind of you know, depicted that when you have all these details, and you know what your backup plan is, you also would be working consciously to make sure the infrastructure is there, and you are not starting from ground zero again, if you need to pivot. Marc Gruber: 19:35 You can make it more flexible. Look at this drone example I gave you two minutes ago. This is something where you can say, ‘I know that the drone can be applied to inspecting bridges as much as it can be applied to inspecting silos, farm equipment, etc.' What you do is to build a drone that is going to be more flexibly adjusted. And this is like picking a great brand name that you can choose to use for these different domains. As much as that takes initially with a little bit of foresight, some agility into your venture that can make a big difference. When we talk to venture capitalists, they said, ‘Okay, this is a great tool, we wish every startup would come up with a Market Opportunity Navigator to (show) us, because it can clearly tell us that they have figured out what an attractive market is.' ‘They know what they do, they know what they don't want to do. They know what their plan B could be and they know that they are not a one trick pony that can only grow in this domain, but can grow in other domains.' This is creating an exciting value creation journey for the startup but also for the venture capitalists. Also, when you think about it, the little force that you can give to the entrepreneurial venture that is affordable under conditions of uncertainty, this little foresight that can get you a long way. Ula: 20:43 It could be the difference between success or massive failure really. Marc Gruber: 20:48 Absolutely, you know, I'm still yet to meet the first startup that really said, ‘I enjoyed pivoting.' This is often a task that creates not only financial inefficiencies, but a lot of worry in the team. You know, one of the founders firmly believed in a domain and that turns out to be not so great and the need for (a) pivot arises. It's also loss of status maybe within the team; there are quarrels, there are fights, there are redirections. This is not a pleasant period and if you can make this at least smoother by baking this agility as I called it into the DNA of your venture, a lot is gained. And if you maybe can avoid, like on average, not every startup, but on average, a significant number of startup can avoid pivoting then I think the process is also one where that is more rewarding. Ula: 21:38 You have explained the first two steps: searching broadly assessing deeply. And this all leads to the Agile Focus Dartboard. Can you tell us a bit more about that? Marc Gruber: 21:52 Yeah. So, you can picture in your head a dartboard actually with three layers… You have the focal element - that's the opportunity to focus on. And we are big supporters of the idea that you should focus on an opportunity, especially in your startup. When you have three, four people, it's nonsense that you chase too many balloons; you focus on one, but you keep others open as a secondary. Say, ‘Hey, I passively observe, I read newspaper reports maybe once in a while. So, I have a passive knowledge about these markets and keep myself current, because I realise that these might be interesting, additional options for me.' And then we have the third (outer) ring, which we call the storage where you say, ‘Look, there are some opportunities we studied, and they don't work out for us. So, we put these ideas away.' And this is actually more helpful than one might initially think. Because when I talk to entrepreneurs about this third step, they say, ‘Hey, look, this putting away is as valuable for us as the focus, because it helps you to keep what you might want to call mental hygiene. You have so many things constantly to address, to worry about in your venture, (so) if you can put something away, that's actually a relief. And that's why this third ring is actually much helpful to entrepreneurs. With the tools, you come from something unstructured, creative where you have a lot of opportunities, lots of options to something where you have evaluated them to a third step where you say, ‘Hey, that's where I should focus.' And that's then the focal point where, and I'm sure we talk about other tools later on, like a business model canvas, customer development, customer discovery, minimum viable product. We would say, ‘Hey let's learn with additional tools, whether this market domain that I selected is actually a good one.' So big picture of the tool is providing you with some kind of meta learning. You say, ‘Okay, that's what my company could potentially do.' I create (enable) agility. Now, let's learn about the ‘how to play' - the business model that works in your domain; the ideal prototype that you could develop for your target customers. So, the ‘where to play' and the ‘how to play' then form, the yin and the yang, if you want to call it that way. Ula: 23:57 You've nicely segued into the next question I have, which is about other business tools that the Market Opportunity Navigator can be used with? Can you go into more details on this, please? Marc Gruber: 24:10 So, when we designed the tool, we actually were careful in saying, ‘Hey, we know that there is a unique aspect to it that none of the other tools addresses. Let's design it in a way that's plug and play with the existing tools - so, it's non redundant. And actually, when we discussed with Steve Blank, he loved the idea so much that he'd said, ‘Okay, I'm gonna write a blog post about it, and integrate your (Market Opportunity Navigator) tool into my Lean toolset because it's missing some additional valuable learning that is critical for entrepreneurs and innovators.' So, it's non redundant with the other tools, but it forms a more complete tool, and therefore delivers value for the question but delivers that additional value to the other tools and vice versa. There's a nice blog post by Steve Blank called Stop Playing Target Market Roulette; a New Addition to the Lean Toolset. Ula: 24:56 Yes, I've read that. Marc Gruber: 24:57 Wonderful blog post, and it teaches this Flyability drone example, if you want to look at it. Ula: 25:02 We'll put it in the show notes. Yeah. Marc Gruber: 25:04 And there he explained actually how the tools work together. If you think big picture, you can say, well, the market opportunity navigator helps you to understand where to play, what is a good starting position for your venture. And then you would say, ‘Hey, for this starting position, for this domain, I now try to develop a business model that is appealing. And in order to develop a good business model, I need to figure out product-market fit.' So, I do customer discovery, I do a minimum viable product - we all know Osterwalder/ Pigneur's Business Model Canvas, you know. Steve Blank's tools about minimum viable product, customer discovery... Ula: 25:37 The Lean Startup… Marc Gruber: 25:39 …Exactly! The Lean method that is then extended and say okay, there's another layer to the lean that method. That's how he features it in the blog. So, what you have is basically, a nice suite of business tools that work nicely in conjunction. Each one adds value to the other one. And that's why I like to use them in my own classroom and my work with startups or with large enterprises. I like to apply them as a suite of tools because then people understand the logic behind each of them, but also get much more utility out of them if they combine them. Ula: 26:12 Hmm. So, it sounds like you know, the Market Opportunity Navigator gives you a view at a higher level, a macro level. And then once you've gotten those details and you've narrowed down on where to play, you can now drill down into you know, developing the business model canvas and testing your hypothesis using the Lean Startup method. Marc Gruber: 26:34 If you look at the Lean Startup tools, Business Model Canvas, as well… they don't really tell you where to play, you know, they assume that you have a market. Also, if you look at design thinking, you know, it's an important method nowadays and (needed) in the toolbox of any innovation manager, but it assumes you have a target market that is useful to investigate, to spend time before doing design thinking. But the question is, might there be a better target market out there where it's even more valuable to apply design thinking that is not addressed. Also, the Market Opportunity Navigator helps to address the question therefore, makes the design thinking method for that business model canvas all the other tools we have talked about, more valuable because it's more promising to do (use) them. Ula: 27:18 Do you so far, the focus of the conversation has been on how this market opportunity navigator framework is useful for startups? Can large organizations get some use out of it as well, if so, how? Marc Gruber: 27:33 That's a very good question. The book is written mainly from the perspective of startups. If you apply it to established companies, you know, I've done that multiple times now in workshops, this can be applied extremely smoothly. Established companies typically use the other tools. For the established companies, the where to play question is extremely important nowadays, because you know, you have all the new technologies that provide new competencies. And with the tool… I'll give you a very concrete example. You know, an established watchmaker can understand that when by putting sensors into the competence set, they could actually become a medical device company. Because they say, oh, we now have a watch that can measure your blood pressure, that can measure maybe your sugar level for diabetes, whatever it is, you know, and that's a where to play question. And technology enables so many new uses; AI, put AI into your established products, and you can become a different animal as a company. When you look closely what the very successful Silicon Valley companies are doing, they are not bound by their initial turf. A prime example is Uber. Uber moves wherever it can grow. Uber moves, wherever it can grow based on competencies, you know, and acquires new ones on the way to make the opportunity space even larger. I think we are living in an exciting time because technology enables so much that you can become as a company, a very different animal, that doesn't mean that you have to lose your first initial market domain. But it means you play in additional markets. And Rita McGrath, my colleague from Columbia Business School, she's very nicely depicted this in her book, The End of Competitive Advantage, where she says, look, we used to live in a world dominated by industry, we're actually nowadays living in competing arenas. That means, you know, wherever firms move, wherever they can grow, their measure of success is the share of the potential opportunity space. But that's a fluffy concept. What is an opportunity space? What's the share, you can get out of this one? That's a very pertinent question. And the virtual playbook gives you basically, the tool that helps you to understand what's your opportunity space, this doesn't fall out of heaven for the companies. If Apple moves into car manufacturing, this is an entrepreneurial step where they say, ‘okay, that's an opportunity that we identified'. Among many opportunities that they identified that this is one that they've deemed worthwhile to get into. And then there's managerial questions about how to exploit this opportunity to hire away people from Daimler, partner up with Fiat… whatever, you know, those steps are to explore this opportunity. But initially, there's the where to play question for Apple, for Uber, for Google, for any type of company, out there, and you can close your eyes to that and say, hey, we are only in our home turf, but then others might have set their sights on your home turf. Now think about what happened to the cellphone manufacturers, you know, they were attacked, they didn't die, because the second one, Ericsson took over Motorola and became bigger than Nokia. Now, it was the computer manufacturers who said, hey, we can play in the cellphone domain. And see, and that's where this arena concept is extremely pertinent. And therefore, tools that help you to understand what your competitive arena is - where to play - become important. That's where the book becomes important. What usually larger or more resource rich firms can do is to not only exploit one opportunity, but they can do multiple ones. So, the third step is one where they can focus on a handful, maybe a dozen opportunities in parallel, create an interesting pipeline. But even then, when I talk to the large companies, they don't want to waste money. They want to understand where they could play and what could be a good plan B if my first option doesn't work out. Ula: 31:10 They also want to be lean and agile. Marc Gruber: 31:13 If you can achieve a higher innovation outcome … strong innovation outcome, with less effort, with less resource consumption, of course, that's a winning formula. Ula: 31:25 Hmm. That's true. Do you then have any other books in the pipeline, will there be a sequel to Where to Play? Marc Gruber: 31:34 At the moment is no sequel plan because the book has been out for two years. When you look at how long it takes until books are known to people, understand and apply them… It takes some time until a tool actually is diffusing into the market. And a good example is Steve Blank's books. They were extremely successful, but it also didn't come from Sunday to Monday. But it took some time until people heard about them, saw them, saw the usefulness, they create a following. And then the same happened with Osterwalder and Pigneur's initial book, which was the Business Model Generation book, which took several years until it hit mainstream. That's why the Where to Play is a book, which was launched, people adopted it, it got translated into multiple languages, Steve Blank featured it as a part of the Lean Startup toolset in May last year. So, I think the journey is still on the early side. And so, I prefer setting my sights on helping others to apply it, understand its value, because I firmly believe in the value and how it can help people become more successful entrepreneurs and innovators. Maybe, at some point I'd say it's time for a second one. But you know, not yet, not quite yet. Ula: 32:42 No problem at all! Right!! So, are you a reader? Would you say you like reading? Marc Gruber: 32:47 I love reading. I like reading and I actually can read quite quickly - that's the benefit. But some of the stuff you don't want to read quickly and that's the annoying part, because then you don't have the time to read it slowly. Ula: 32:57 What would you say, are your two favorite books and why? Marc Gruber: 33:02 There is a book from 1959 from Edith Penrose. She's one of the eminent academic scholars. She has written a book called The Theory of the Growth of the Firm. This is an extremely insightful book in the sense that many of the things we're discussing nowadays are actually foreshadowed by her, half a century earlier. And it's a very nicely written book, it basically says, ‘Look, if you want to understand the growth of firms, you just have to look at the imaginative power of its C-suite and that is a function of their education and experience in print.' And it's just one element of the book, which makes it exciting because it foreshadows a lot of the diversification literature we see; the growth literature that we see nowadays. And it has very powerful patterns of explanation that help you to understand why some firms are growing very strongly, while other firms might be very constrained in how they think about what they could do. Ultimately brings it down to a very intriguing level of understanding because it connects the cognitive element to the resource base of a company. So, I recommend that definitely to everyone. Another one that I like a lot is The Entrepreneurial Mindset by Rita McGrath and Ian MacMillan. This came out in 2000. And it's one of those books that combines a lot of entrepreneur insights. It's based on a couple of HBR (Harvard Business Review) papers that MacMillan and McGrath had authored in the late 80s and throughout the 90s. They put them all together in this book with a lot of added new content, and a lot of new theorization, examples, etc. So it's one of those books, you read it and say that was a milestone, too, when you read the book by Steve Blank and by Alex Osterwalder, from Eric Ries, the more recent one, but you begin to understand the intellectual roots that each and every book has the heritage of the thoughts, how the fields developed, how we nowadays think about stuff, but also where it has its roots maybe 20, 30 years ago, or in Penrose's case, more than half a century ago. Ula: 35:04 It is interesting, because you find out that there are connections and no field kind of suddenly springs up on its own, there are connections. Marc Gruber: 35:13 Yeah, that's it. If someone has a bit of reading time over the next few weeks, months, over the summer on the beach - this is definitely a set of books that you can take with you and you understand management and entrepreneurship, innovation management, in their very fundamental and intriguing manner. Ula: 35:31 I already have some of the books in my library, I now have some recommendations for new ones. So that's much appreciated. So, given how much you've accomplished over the years, what would be your advice for someone who is starting up and who might aspire to walk the path that you're on currently? Marc Gruber: 35:53 For me, it was important for my own career as a professor to understand where to play. In the sense that I always had more paper opportunities - articles or research opportunities than I could possibly do. So, I basically had my own portfolio of opportunities, and I had to discriminate where I thought this might be a better research question. This might be a more intriguing question than another one. So, I think I applied basically what I early on, you know, in my research what I later on said in the playbook. That's number one. Number two, you can always push harder. If you think your paper is nice, you can make it even nicer. That's like 110% level; you push yourself and try to understand what your limits are. I think that's an interesting aspect to discover within yourself and not to be too satisfied too early. Which makes you grow, basically a recipe for growth, because you say, ‘I push harder, I tried to learn more, I tried to write it even better' and then you push yourself over your own limits. And that's the satisfying part that leads to what I've just said earlier, when you know, I was talking about art and the implications for art. A good artist doesn't give up early, a good artist pushes himself to understand the new frontier. And I think as scientists, we are pushing the frontiers and, you know, in that sense, giving up too early is not a good recipe. You always can do better, because that's the way you learn. And that brings me to my third advice as to being a professor, being an academic. You get paid for pushing the frontier, and then you get even paid for talking about how you push the frontier. So, it's never boring, you know, because you try to push the frontier. It's a wonderful experience to learn more and to say, ‘Okay, I understood something that maybe other people have not yet understood', and or at least from this perspective, have understood, and then you talk about it, and you get feedback. It's a process that keeps you young as well. Ula: 37:46 It's important to enjoy the process as well, don't you think? Marc Gruber: 37:50 Yeah, but don't tell it to my employer because he is paying me for doing this job you know. Ula: 37:56 I wouldn't. Okay, right. So how can the audience reach you Marc? Marc Gruber: 36:27 The audience can email me at marc.gruber@epfl.ch. We have an interesting website that you might want to check out, it's called wheretoplay.co, www.wheretoplay.co. There, you can register for our newsletter. So, we every other month, we update the latest news, latest slides that you can download all this stuff for free. You can get webinars about the method. You can, if you're a trainer, a coach or consultant, you can get the material there for free to apply it in your activities. So, worksheets are in the open domain download. We have basic slides that you can use for teaching the method, for doing your consulting. All of that up on the website, check it out, wheretoplay.co. You just have to register and then all this material is available to you. Ula: 38:50 Oh wow. All for free? Marc Gruber: 38:52 All for free Ula: 38:53 Wow, that's impressive Marc Gruber: 38:56 You know, we're currently also working on an app - so that what I described as a process becomes more of a very playful exercise. Ula: 39:01 That's great. Are you on social media? Marc Gruber: 39:04 All on the usual suspects except for Instagram. Marc B Gruber on Twitter, it's on LinkedIn, on Facebook - you find me with my name. That's about it, you know? Ula: 39:14 Is there anything else you want, the audience to check out, or do? Marc Gruber: 39:19 You know, if people (would) send us emails about how useful it was? If you have the chance to apply (these concepts) please do and let us know your experiences. It's so rewarding for Sharon and myself to just listen to your stories, how it helped you, etc. You know, we get many stories of entrepreneurs saying ‘Oh, we wish would have applied it when we were young…' ‘…We could have avoided some mistakes', you know. Then they still applied and they are a bit progressed in their careers and that's exciting to hear as well. Please share your stories, email us, leave them on the website. We want to hear from you. Ula: 39:55 Great! Well, thank you so much for your time, Marc. It's been an absolute pleasure speaking with you. Marc Gruber: 40:02 It's my pleasure entirely. Thank you very much, Ula.
Dr. Patrick Plötz, Coordinator of Business Unit Energy Economy with the Fraunhofer Institute for Systems and Innovation Research
On today's show, the battle to keep Enbridge's Line 5 oil pipeline open continues, we get an update from Dan McTeague, president of Canadians for Affordable Energy and a former federal Liberal MP. Dr. Patrick Plötz, the coordinator of the Business Unit Energy Economy with the Fraunhofer Institute for Systems and Innovation Research talks real-world data of hybrid vehicles. Plus, one food website, Epicurious, will no longer post beef recipes -- citing environmental harm. We get reaction from president of the Canadian Cattleman's Association, Bob Lowe.
In our second episode, our Co-Founder Waheed Rahman (@iwaheedo) is joined by British historian and author Dr. Anton Howes (@antonhowes) where we uncover the roots of innovation in the modern world, including how to create innovation ecosystems with a focus on 16th-19th century Britain as a case-study. Dr. Anton is the Head of Innovation Research at The Entrepreneurs Network and released his latest book 'Arts and Minds: How the Royal Society of Arts Changed a Nation'. He's also a former Lecturer in Economic History at King's College London. OUTLINE: Here are the timestamps for the episode. On some podcast players, you should be able to click the timestamp to jump to that time. (00:00) - Introduction to Episode (01:55) - First-principles: Defining Innovation vs Invention (07:08) - Industrial Revolution: Why this epoch of time is so crucial in innovation history? (12:43) - Specific technologies - Idea of different Industrial Revolutions (15:22) - Innovation in other regions (16:47) - Key factors that led to an accelerated period of innovation and invention in 16th-century Britain (22:41) - Scientific Revolution and effects of the Baconian Program on Early Britain during the 1500s and 1600s (32:44) - Reasons and origins of why the idea of 'improvement mentality' came about (41:33) - Is Necessity the mother of all inventions? (48:20) - Effect of British Colonialism in accelerating innovation (59:03) - Is there a decline in Innovation in Britain vs the American acceleration in the 20th century? (1:06:09) - Lessons for Emerging Markets when it comes to creating Innovation Ecosystems (1:14:28) - Ending
On our first ever 3-way interview, we have Abby Stern and Savira Dargar from HITLAB. Abby was the Manager of the Women's Health Tech Initiative & Innovation Research & Evaluation and previously has a maternal and child health background with a Master's Public Health from Columbia University. Savira was the Deputy Director, Innovation Research, Strategy, & Compliance and the Director, Women’s Health Initiatives and has a clinical research background with a Master's degree in Health Policy & Economics from Cornell University. HITLAB is a research, advisory and educational organization focused in the digital health space and believe in the greater in academic research aiming to help people and startups in the community of digital health to gather the scientific knowledge needed to advance their technology. In this episode we discussed The Women's Health Tech Challenge, how public health relates to femtech and destigmatizing abortion. Check out HITLAB at hitlab.org Rate, Review & Subscribe!
Ranking on Amazon is no ordinary feat, but with the right strategies and a great work ethic it can definitely be done. Here to tell you more tips and tricks on Amazon ranking, we have Leo Sgovio, an innovative researcher, who solves problems through innovation and automation. Leo has been on a lot of Howard's $13,000 in-person masterminds and was once unanimously awarded as top speaker as he wowed the crowd with the most amazing information. He is well-versed when it comes to understanding e-commerce and how the search engines have been optimized for rankings conversions. Also, he enjoys problem solving through automations so that it can be scalable. In this podcast, he'll unveil the inner workings of systems and strategies. Special Guest: Leo Sgovio.
Shahani Kariyawasam talks about the value that research collaboration brings to the energy industry.
Dr. Dana Sumpter is an associate professor of organization theory and management at Pepperdine University’s Graziadio School of Business. Her research employs a cross-cultural lens in understanding social behavior at work, studying topics including energy, mindfulness, power, work/family enrichment, managerial systems, and work relationships. She has published in professional journals and has been quoted in various popular outlets. Dr. Sumpter's research has received grants from the Center for Innovation Research in Cultural Intelligence and Leadership, and UC Irvine’s Center for Organizational Research. She is a member of two micro-communities of scholars: Mindfulness at Work, which she co-founded, Positive Relationships at Work. Her recent award-winning international management case focused on a woman’s expatriate human resource experience in Oman. Across 10 Asia-Pacific nations, Professor Sumpter led live executive training and coached executives on people management skills. She is an avid traveler, who has spent time in more than 30 countries (and counting!).In this episode, Stew and Dana discuss her new research, with her colleague Mona Zanhour, on mothers during the pandemic. Dana discusses best practices for working mothers, their partners in parenting, and their employers, including how to engage in meaningful dialogue toward viable new approaches for what, where, and how things get done, and by whom in the domestic sphere. She shares ideas about how to make self-care a priority because of how crucial it is in enabling working mothers to cope well with the intense pressures of our time. And they discuss the importance of hope and the potential silver linings in these dark and difficult times. Here then is an invitation, a challenge, for you, once you’ve listened to the conversation. Ask yourself this question, if you’re a working mother or want to develop an idea to help one you might know: What small step can you take now to better care of yourself and how by doing so will you increase your capacity to help those who depend on you? Write to Stew (friedman@wharton.upenn.edu) or connect with him on LinkedIn. While you’re at it, share your thoughts with him on this episode and your ideas for people you’d like to hear on future shows. See acast.com/privacy for privacy and opt-out information.
Zully Montiel está haciendo una estancia en Osaka, Japón en el Laboratorio de Robótica Mirai Innovation Research Institute
This is the audio version of XReality Meetup Event "AR Glasses, Magic Leap, Nreal Development and Drones- With Cliff Baldridge" We recorded an audio version for XReality Meetup Speaker event so people can learn more about it through audio. Join our Discord XReality Meetup Community: https://discord.gg/N4y4v9V Speaker Bio (Cliff Baldridge) About I am a Machine Learning Specialist Engineer working with Deep Neural Networks in Python and C++ with TensorFlow and other Machine Learning Models. Intel AI on The Edge Scholarship Winner utilizes Intel DevCloud, Google Colab, Google, AWS, IBM and Azure Clouds for Computer Vision and Machine Learning. My current role is Senior Consultant at Genius Brands International Beverly Hills supporting Network & President / SVP Global Content Distribution & Marketing to 80 Million US Households and 90 Million Views per Month. I moved to Sr. Consultant after working the last three years Full-Time at Genius Brands as Google Advertising Director where I architected an OTT Television Network and sold complex Television Licensing and Distribution Sales Deals. I also do research and development in Machine Learning, Google Cloud Architecture, 3D Development in Unreal Engine and Unity. At GBI my work includes Entertainment Executive, Google Cloud Solutions Architect, Global Google Ads campaign Management +$1M Spends, Strategy, Business Development, Mobile Development, Acquiring Social Media Celebrity Influencers, Strategic Partnerships, Spatial Computing, AR Development, Innovation Research & Development, Global Licensing and Distribution Deal Maker and Sales. Certifications: • Google Cloud Architect Specialization Certification • Google Cloud with Machine Learning in TensorFlow Certification • Google Ads Certified • YouTube Certified Achievements • Television Academy Voting Member, Emmys, Judge for Intern & College TV Awards • Linkedin Live Video Streaming Private Invite-Only Beta Creator • Emerging Tech Magic Leap Developer Expert AR Glasses, XR, MR, Spatial Computing, Volumetric Video, Unreal Engine, Unity 3D, C++, C#, Python • Recent Global Licensing and Distribution Deals: Amazon Twitch Marathon, Xumo • Verizon 5G Labs RYOT AR Volumetric Video Stipend Award Capitol Records Hackathon • AT&T Developer Program Contest Winner 2018 AT&T 1st Prize! Emerging Technologies. 1st Magic Leap Creator Film award in History! • Cynopsis Award Winner • Google Awarded Expert • Creation, Acquisition, Distribution, Licensing & Strategic Partnerships • Sold + $20M in Products. Ad Buys/ Mktg Campaigns +1M$ Budgets Intellectual Properties work Include: • Warren Buffett's Secret Millionaires Club • Stan Lee's Superhero Kindergarten Starring Arnold Schwarzenegger • Stan Lee's Cosmic Crusaders & Mighty Seven • Llama Llama Netflix Original Starring Jennifer Garner • Rainbow Rangers Mattel, Nickelodeon, and more.
The more I work with health innovators, the more evidence I have that many healthcare entities are hesitant to innovate. Between all the red tape and risks, many find it hard to see the value. And when they do, the industry generally has much longer acquisition cycles for buying and adopting new solutions. But refreshingly, not everyone is resistant to change. On today’s episode, we’re joined by Pothik Chatterjee, Executive Director of Innovation & Research at LifeBridge Health. LifeBridge is an example of a health system that’s truly on the forefront of innovation, and it’s incredible to hear about. Pothik tells us about his role at LifeBridge, specifically as it relates to his work with startups and health innovators. We discuss topics like: The challenges that new innovators face when it comes to finding the right decision-makers and advocates to pitch and “sell” their innovations to What he looks for in potential innovation partners, like a compelling narrative, a diverse team, solid experience, and the ability to really prove ROI The general process of evaluating potential partners and finding the right way to work together, from designing the pilot to transitioning after the sale The differences and considerations LifeBridge looks at when evaluating innovations that are radically vs. incrementally disruptive to the system’s current M.O. Guest Bio Pothik Chatterjee is the Executive Director of Innovation & Research at LifeBridge Health, a Baltimore-based community health system. Pothik’s department acts as the “front door” for health tech startups that are looking to enter a clinical setting and find the right partner to do so. Pothik has worked with hospitals for more than five years, with a high involvement in innovation and operations. Even in his earlier work in financial services, healthcare has always been a theme in his career, leading to his conscious switch into the hospital side. He’s dedicated to better understanding the needs and challenges of patients and providers, so he can better connect them with solutions in the market. To learn more about Pothik’s work, visit www.lifebridgehealth.org/innovation. You can also connect with him on LinkedIn.
Sundance is known for its film festival, but over the last decade it has also become fintech famous with an intimate conference hosted by MX. Host Jason Henrichs talks with innovators live from the Sundance Screening room! This week listen to his conversations with Doug Nielson, SVP, Innovation Research and Development at US Bank about where he looks for inspiration, and Sam Taussig, Head of Policy at Kabbage, about how he’d shape the landscape if he was King of Fintech in Washington for the day.
In this episode, Mike has a compelling conversation about how Innovation Research Programs Like The New Small Business Grant Programs Are Transforming Military Funding Approaches & The Result Is Profound Disruption To How We Solve Problems. Geopolitical tensions abound. Asia. The Middle East. Eastern Europe. Africa. For the US military, business as usual is no longer adequate. Dramatic improvements in agility, speed, costs, etc are vital based on today’s global realities. Programs like the US Airforce AFWERX program drive open collaboration across a global ecosystem to enable #innovation at speeds once unimaginable This episode focuses on the story of 4 young United States Air Force captains, including US Airforce Academy graduate Captain Steven Lauver, active duty U28A pilot & AFWERX accelerator manager, working closely with Warren Katz, Techstars #USAF program Managing Director, to profoundly disrupt how this branch innovates. Steve & Warren share the impressive results of the 1st two cohorts & preview what to expect from their impressive 3rd cohort, now in session. Results from this ground-breaking “experiment” include: -Incorporating a truly global world view of innovation potential and capacity, with participating #startups from Canada , the UK, Poland, Singapore & the US. This is historically unprecedented for military technology sourcing programs -100% of the 20 startups that have graduated from the program to date remain active. This is unprecedented as deep tech startups fail at alarmingly high rates -A newly designed, non-dilutive Small Business Innovation Research (SBIR) grant program was significantly improved to minimize bureaucracy and enable funding - approval turnaround times at startup speed. It has seen a 200% increase in applications just two years. Previously, only 10% of TechStars startups applied for the prior version of SBIR grants -As proof of the efficacy of the improved program $20M in SBIR funding has been secured by the first two 20 startups that have “graduated” from the 2018 & 2019 programs. -New #VentureCapital investors have joined the ecosystem to support these graduates - The #USAF culture itself is being transformed, with more service members taking on the growth mindset of "Airmen - #Entrepreneurs" , infused with a sense of ownership of solving problems by leveraging open innovation from Techstars & many other sources. An early breakout success, #VitaInclinata, solved a problem that went unfixed for 75 years. Under the traditional approach, this innovation would never have been identified. Today, they're growing exponentially just one year after graduating from the program. Founder, #CalebCarr, is a Forbes #30under30 designee https://lnkd.in/euCvfYV - A significant increase in high potential global applicants to this highly selective program -The early success of this program is now being piloted by other branches of the US military Stay tuned, next week, when Nakiso is back in the studio to continue the take aways from this episode and build on an exciting discussion with a VC firm that's focused on advancing innovation in a compelling way.
In this episode, we speak with Michael Friedwald from Fraunhofer Institute for Systems and Innovation Research. He is working in SPARTA to ensure that responsible innovation is always at the forefront of SPARTA activities.
Periodically we have discussions with key industry innovation leaders. Our goals are to learn about their challenges, capabilities, and understanding of major innovation trends in their business. We take all the information that we learn and roll it up into a summary – this podcast shares those key insights.
Lindsey Carey and Grace Poulter are Senior Lecturers in Glasgow Caledonian University and are going to explain us how using a novel approach including co-creation and peer support, the workshop Out of the Box will help researchers to have a real impact in society using transmedia narratives, digital storytelling and gamification in an interdisciplinary, transnational and co-creation environment More info: Esteban Galán
In this episode we talked to Andreas Karsten, a youth work researcher at European level. He has been working as a researcher in this field for quite some time so he has a very deep view about the field and what is the state of play concerning innovation in this sector. Research is very important to assess the real impact of youth work programs and allows decision-makers to decide based on evidence and innovators to act based on real needs. We talked about what does it mean to research youth work. As in all fields there are research challenges: How to interpret data? What do the markers mean? What can we do with what we know by researching?...and that is where Andreas and other researchers can help, by collecting information and giving to the rest of us an easier content to base our decisions and efforts to push the innovations that are truly needed in the field.
In this episode we talk with special guest, Erin Mays of the Ebco to discuss the importance of thoughtful, careful innovation and trend research and what food tastes like her childhood. We'll be publishing our podcasts bi-weekly to explore the why behind our process, technology choices and some other abstracts to get to know the functional, creative and technical teams at Rocksauce Studios. If you want to learn more about Rocksauce Studios contact us today!
Professor Simon Collinson from the University of Birmingham, Nic Young from the NEC Group and the Chamber's director of policy Henrietta Brealey discuss innovation, research and development in Greater Birmingham as part of the Invest to Grow campaign.
An innovative culture is very important to renovation success. This provides some important insights about how to accomplish that.
In today’s episode, Sima Vasa talks with Roddy Knowles. Roddy is the Director of Product and Innovation Research at Research Now SSI. His leadership runs the machinery that leverages technology to effectively support products. Technology underpins processes by which innovation comes to fruition. This is what Roddy and his team are working to achieve. Technology Behind the […] The post Roddy Knowles – The Evolution of Data Collection | Ep. 018 appeared first on Infinity Squared, LLC.
In today's episode, Sima Vasa talks with Roddy Knowles. Roddy is the Director of Product and Innovation Research at Research Now SSI. His leadership runs the machinery that leverages technology to effectively support products. Technology underpins processes by which innovation comes to fruition. This is what Roddy and his team are working to achieve. Technology Behind the Process Today, tech advancements are coupled with ways to make more efficient various research processes. This is seen from data collection to generation of reports. There’s a constant goal to make work at the back end of everything easier and quicker. As Roddy says, there are lots of technologies working as the machines underneath all these other technologies that run research methodologies. Roddy Knowles Diving Deep into Automation Process automation is key to a streamlined user experience. It opens a lot more opportunities for the collection of data. In addition, it equips researchers with the means to deliver fast and efficiently. But there’s been a clamor to shift the conversation away from automation in a broad perspective. People have become more critical of what it actually brings to the table. “Let’s stop talking about automation itself, but what is it actually doing. Why are we using it? How is it improving data analysis?” - Roddy Knowles Not for Everyone and Everything It’s important to remember that respondents come from different marketing segments. This means that they have different needs. Naturally, they will desire different experiences from products. Engagement differs from one person to another. Research is just as specific. “It’s not necessarily a one size fits all… Which is the way that research is often designed.” - Roddy Knowles To hear more about Roddy Knowles' insights on research, technology, and brand experience, download and listen to the episode! Quick links to connect with Roddy Knowles: LinkedIn Twitter Sima loves to hear from her listeners with input, questions, suggestions and just to connect! You can find her at the links below! LinkedIn Twitter simav.sg-host.com Sima is passionate about data and loves to share, learn and help others that share that passion. If you love data as much as her, subscribe on iTunes and don't forget to leave a rating and review!
In SciComm episode 43, I am joined by Marion Leary. Marion is the Director of Innovation Research for the Centre for Resuscitation Science at the University of Pennsylvania and the Innovation Specialist at the University of Pennsylvania School of Nursing. Marion has focused her research and education over the past twelve years on cardiac arrest and CPR quality with the current goal of developing innovative strategies to improve CPR and resuscitation training. Marion has participated as an author on over 55 scholarly publications pertaining to CPR and resuscitation science, including the American Heart Association (AHA)’s digital health consensus statement and an AHA scientific statement on CPR quality.
Rick is joined by a great guest this week, Mike Yagley, Director of Innovation, Research and Testing at Cobra PUMA Golf. Cobra PUMA Golf makes some of the finest golf clubs in the world, but a new partnership with Arccos Golf has everyone paying attention to the unique technology one will find in the KING … Continue reading Mike Yagley, Director of Innovation, Research and Testing at Cobra PUMA Golf →
Guest Queen Marrero currently serves as Project Coordinator and Research Administrator at GSU's Center for Business Innovation Research to train and assist small business leaders and non-profits on how to obtain and maintain grants and contracts.
Pedro Oliveira provides a fascinating glimpse into his transition from academia into consultancy, with a guide for those like minded to boot. People-Centered Innovation: Becoming a Practitioner in Innovation Research (Biblio Publishing, 2013) chronicles Oliveira's journey from his work as a clinical psychologist in Portugal, to becoming an anthropologist in the UK, and moving into the world of business and innovation. Written for a general audience, this book is a mix of case studies, theory for practitioners, and autobiographical information that shows how to apply work in the social sciences to the problems facing businesses today. This is a great read for anyone interested in psychology and anthropology, as well as how business and innovation is changing due to the influence of the humanistic sciences. Learn more about your ad choices. Visit megaphone.fm/adchoices
Pedro Oliveira provides a fascinating glimpse into his transition from academia into consultancy, with a guide for those like minded to boot. People-Centered Innovation: Becoming a Practitioner in Innovation Research (Biblio Publishing, 2013) chronicles Oliveira’s journey from his work as a clinical psychologist in Portugal, to becoming an anthropologist in the UK, and moving into the world of business and innovation. Written for a general audience, this book is a mix of case studies, theory for practitioners, and autobiographical information that shows how to apply work in the social sciences to the problems facing businesses today. This is a great read for anyone interested in psychology and anthropology, as well as how business and innovation is changing due to the influence of the humanistic sciences. Learn more about your ad choices. Visit megaphone.fm/adchoices
Pedro Oliveira provides a fascinating glimpse into his transition from academia into consultancy, with a guide for those like minded to boot. People-Centered Innovation: Becoming a Practitioner in Innovation Research (Biblio Publishing, 2013) chronicles Oliveira’s journey from his work as a clinical psychologist in Portugal, to becoming an anthropologist in the UK, and moving into the world of business and innovation. Written for a general audience, this book is a mix of case studies, theory for practitioners, and autobiographical information that shows how to apply work in the social sciences to the problems facing businesses today. This is a great read for anyone interested in psychology and anthropology, as well as how business and innovation is changing due to the influence of the humanistic sciences. Learn more about your ad choices. Visit megaphone.fm/adchoices
Pedro Oliveira provides a fascinating glimpse into his transition from academia into consultancy, with a guide for those like minded to boot. People-Centered Innovation: Becoming a Practitioner in Innovation Research (Biblio Publishing, 2013) chronicles Oliveira’s journey from his work as a clinical psychologist in Portugal, to becoming an anthropologist in the UK, and moving into the world of business and innovation. Written for a general audience, this book is a mix of case studies, theory for practitioners, and autobiographical information that shows how to apply work in the social sciences to the problems facing businesses today. This is a great read for anyone interested in psychology and anthropology, as well as how business and innovation is changing due to the influence of the humanistic sciences. Learn more about your ad choices. Visit megaphone.fm/adchoices
Associate Professor Stefan Wagner joined ESMT European School of Management and Technology in February 2011 as an assistant professor. Previously he was an assistant professor in the Institute of Innovation Research, Technology Management, and Entrepreneurship (INNO-tec) at the Ludwig-Maximilians-Universität LMU in Munich, Germany. Stefan received his Habilitation in 2010 and his Doctorate in Economics (summa cum laude) in 2005 from LMU.
The existing literature identifies patent thickets indirectly. In this paper we propose a novel measure based on patent citations which allows us to measure the density of patent thickets directly. We discuss the algorithm which generates the measure and present descriptive results validating it. Moreover, we identify technology areas which are particularly impacted by patent thickets.
This paper analyzes firms’ choices regarding the geographic scope of patent protection within the European patent system. We develop an econometric model at the patent level to quantify the impact of office fees and translation costs on firms’ decision to validate a patent in a particular country once it has been granted by the EPO. These costs have been disregarded in previous studies. The results suggest that both translation costs and fees for validation and renewals have a strong influence on the behavior of applicants. The estimates are then employed to simulate the impact of the London Protocol, a recent policy reform which reduces translation requirements in the European patent system. National validations of patents granted by the EPO are estimated to increase by 29%.
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of potential portfolio companies. For a sample of VC-seeking German and British biotechnology companies we have identified all patents filed at the European Patent Office (EPO). Applying hazard rate analysis, we find that in the presence of patent applications, VC financing occurs earlier. Our results also show that VCs pay attention to patent quality, financing those ventures faster which later turn out to have high-quality patents. Patent oppositions increase the likelihood of receiving VC, but ultimate grant decisions do not spur VC financing, presumably because they are anticipated. Our empirical results and interviews with VCs suggest that the process of patenting generates signals which help to overcome the liabilities of newness faced by new ventures.
This paper seeks to understand the intriguing but only sparsely explored phenomenon of “leisure time invention,” where the main underlying idea for the new product or process occurs when the inventor is away from the workplace. We add to previous research by focussing on the inventive creativity of the individual researcher, and reassessing the image of researchers inventing during unpaid time – who have often been dispatched as “hobbyists”. Based on the responses from a survey of over 3,000 German inventors, we tested hypotheses on the conditions under which leisure time invention is likely to arise. Results suggest that the incidence of leisure time invention is positively related to exposure to a variety of knowledge inputs – but, surprisingly, not to the quality of prior inventive output. Leisure time inventions are more frequently observed in conceptual-based technologies than in science-based technologies, in smaller R&D projects, and in externally financed R&D projects.
Successful innovation depends on the management of a firm’s knowledge base. This paper empirically investigates the determinants of knowledge regulation. Using a unique survey dataset, the analysis suggests that R&D managers do not leak knowledge randomly, but rather regulate knowledge consciously. We find that the source and the channel of knowledge inflows impact knowledge regulation. The findings reveal that the more a firm profits from knowledge inflows from competitors, the fewer actions it takes to regulate outgoing knowledge. We do not find that the extent of knowledge inflows from collaborating firms impacts knowledge regulation. However, the type of channel being used to acquire knowledge matters. Compared to public channels, the different types of private channels used to access knowledge inflow and the type of the competitive relationship influence the firms’ decision to regulate knowledge outflow in the following way: concerning relationships with competitors, firms regulate knowledge outflow more when using formal channels, but less when using informal channels (although a significant difference is not found with the latter); concerning collaborative relationships, firms regulate knowledge outflow less regardless of whether they are using formal or informal private channels compared to using public channels. Presumably firms that acquire knowledge from competing firms through formal private channels compared to public channels, try to establish opaque and soundproof fences to surround them, whereas firms that acquire knowledge from collaborating firms through formal or informal private channels do not want to restrict circulation, but rather facilitate inter-firm knowledge exchange. Our results have important implications for academics and R&D managers alike.
Recent studies of outlaw communities provide qualitative evidence of their existence and the organisation of the underlying innovation processes. We provide descriptive results from a large scale survey of two online outlaw communities focussing on Microsoft's XBox. In line with previous findings, we identify two types of participants in outlaw communities - user innovators and adopters. Based on 2,256 responses, we find that users modify their XBox mainly to be able to increase the set of available functions of their XBox. Users are also motivated to modify their XBox for the sake of having fun and to conduct pirate behaviour. Finally, the results from our survey suggest that user innovators are largely intrinsically motivated by fun and the intellectual stimulation of writing code for homebrew software.
In a patent thicket licensing provides a mechanism to either avoid or resolve hold up. We study the choice between ex ante licensing to avoid hold up and ex post licensing to resolve it. Firms’ choice of licensing contract is studied in the context of a patent portfolio race. We show that high expected blocking leads to ex ante licensing while ex post licensing arises if expected blocking is low but realized blocking is high. Also, ex ante licensing reduces firms’ R&D incentives. A sample selection model of licensing is derived from the theoretical model. In this framework theoretical predictions on effects of blocking are tested with data from the semiconductor industry. We show that licensing helps firms to resolve blocking. However, licensing is not a cure all: it decreases as fragmentation of property rights increases and arises mainly between large firms with similar market shares. Using a treatment effects model we also confirm the prediction that ex ante licensing reduces the level of R&D investment.
One feature of the European patent system that is heavily criticized nowadays is related to its complex fragmentation and the induced cost burden for applicants. Once a patent is granted by the EPO, the assignee must validate (and often translate) it and pay the renewal fees to keep it in force in each country in which the applicant seeks protection. The objective of this paper is to assess to what extent validation and renewal fees as well as translation costs affect the validation behavior of applicants. We rely on a gravity model that aims at explaining patent flows between inventor and target countries within the European patent system. The results show that the size of countries, their wealth and the distance between their capital cities are significant determinants of patent flows. Validation fees and renewal fees further affect the validation behavior of applicants. Translation costs seem to have an impact as well. The important role played by fees suggests that the implementation of cost-reducing policy interventions like the London Protocol would induce a significant increase in the number of patents validated in each European country.
This paper provides the first large scale study that examines the impact of both individual- and group-specific factors on the benefits users obtain from their user communities. By empirically analysing 924 survey responses from individuals in 161 Computer Associates' user groups, this paper aims to identify the determinants of successful user communities. To measure success, the amount of time individual members save through having access to their user networks is used. As firms can significantly profit from successful user communities, this study proposes four key implications of the empirical results for the management of user communities.
Although labor mobility has been recognized as a key mechanism for transferring tacit knowledge, prior research on inventors has so far hardly discussed the impact of a move on inventive performance. Additionally, existing research has neglected the differences in gains from a move between high and lower performing inventors. This paper adds to the current R&D literature by presenting a jointly estimated quantile regression to compare the coefficients of the explanatory variables at different points of the performance distribution. Additionally, dummy variables are used to compare inventive performance prior and in the aftermath of a move. Results reveal that inventors at the upper end of the performance distribution are better able to benefit from a move to draw level with or to overtake non-movers in the post-move period. Whereas at the bottom of the performance distribution a higher level of education has a positive impact on inventive performance, education does not matter significantly at the upper end of the performance distribution. Data for the analysis was derived from a survey of German inventors (N = 3,049).
This paper analyzes the causality between inventor productivity and inventor mobility. The results show that the level of education has no influence on inventor productivity. Making use of external sources of knowledge, on the contrary, has a significant effect on productivity. Finally, firm size has a positive impact on productivity. Firm size also influences inventor mobility, although negatively. Whereas existing research implicitly assumes causality to point in one direction, this study ex-ante allows for a simultaneous relationship. To deal with the expected endogeneity problem, instrumental variables techniques will be employed. Results show that mobile inventors are more than four times as productive as non-movers. Whereas mobility increases productivity, an increase in productivity decreases the number of moves.
We analyze the duration of the patent examination process at the European Patent Office (EPO). Our data contain information related to the patent’s economic and technical relevance, EPO capacity and workload as well as novel citation measures which are derived from the EPO’s search reports. In our multivariate analysis we estimate competing risk specifications in order to characterize differences in the processes leading to a withdrawal of the application by the applicant, a refusal of the patent grant by the examiner or an actual patent grant. Highly cited applications are approved faster by the EPO than less important ones, but they are also withdrawn less quickly by the applicant. The process duration increases for all outcomes with the application’s complexity, originality, number of references (backward citations) in the search report and with the EPO’s workload at the filing date. Endogenous applicant behavior becomes apparent in other results: more controversial claims lead to slower grants, but faster withdrawals, while relatively well-documented applications (identified by a high share of applicant references appearing in the search report) are approved faster and take longer to be withdrawn.
Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the motivations to invent, and the actual use and economic value of the patents.
Germany is one of few countries in which the monetary compensation for inventors is not only determined by negotiations between employer and employee-inventor, but also by relatively precise legal provisions. In this paper, we describe the characteristics of the German Employees’ Inventions Act (GEIA) and discuss which incentives it creates. We rely on responses from a recent survey of 3,350 German inventors to test hypotheses regarding this institution. We conclude from our data that the law creates substantial monetary rewards for productive inventors. The qualitative responses from our survey confirm this view, but also point to a number of dysfunctional effects.
There has been a wide-spread misconception based on the imprecise wording of Art. 52 of the European Patent Convention (EPC) that the protection of business methods by patents is prohibited in Europe. This paper investigates the legal framework set by patent laws with respect to the patentability of business methods, contrasting the situation in lege in Europe and the situation in the US. It is shown that in praxi business methods have never been excluded from patentability in Europe. In the empirical part of the paper, 1,901 European patent applications relating to business methods are identified and major patent indicators are computed. Further, a case study from the franking device industry which is characterized by strong competition for intellectual property rights is conducted. It contains evidence for the strategic use of business method patents leading to opposition rates against granted patents of 44%.
Among the most prominent theoretical frameworks dealing with the economic underlyings of firms’ make-or-buy decisions are Transaction Cost Economics (TCE) and the Resourced Based View (RBV). Relying on panel data covering 107 European firms over eight years I test predictions from both TCE and RBV with regard to the outsourcing of patent related services simultaneously. Modelling the share of outsourced patent applications in a Negative Binomial Panel Regression Model I find joint explanatory power of both approaches. My findings support previous literature arguing for an integration of TCE and RBV to a comprehensive theoretical framework of firms make-or-buy decisions.