Innovation for Entrepreneurship · Innovation for Entrepreneurship Doris Magsaysay Ho Inclusive Innovation Conference 1 June 2017 ... • Representatives from cross section of the

Innovation for EntrepreneurshipDoris Magsaysay Ho

Inclusive Innovation Conference

1 June 2017

The Peninsula Manila

The First Industrial Revolution: Age of Mechanizaton

The First Industrial Revolution: Age of Mechanization

Second Industrial Revolution: Age of Mass Production

COULD ANY OF US HAVE INVENTEDTHE LIGHT BULB?

The Third Industrial Revolution: Digital Age

GREAT MINDS FULFILLING IN NEW DEMANDS DISRUPTING OLD SOLUTIONS

The Third Industrial Revolution: Digital Age

Pulse on market demand and Consumer behavior

Freedom to think and create without attachment

Boldly create With quality, speed and price

Lower barriers to entry giving greater opportunity

Global Trends Bring Opportunity

UrbanizationDemographics/Aging

PopulationClimate Change

Security Rising Population and Poverty

Big Business and Reverse Mentoring

Germany

Germany: Big Business and MSMEs

Business chambers are agents of public interest in Germany.

The law requires that their opinions are solicited and considered by the

government with regard to any decision that could impact upon MSMEs.

Germany: Government and MSMEs

Key Innovation Strategies

• Substantial investment by the government in frontier technology fields

• Creation of National Innovation System, with central focus on ICT

• Strong state funding for R&D and Higher Education• Coordinated and holistic approach in partnership with

private entities and research bodies and small businesses• PPP in strategic centers for science, technology, and

innovation

APEC and Innovation

INNOVATION AS A KEY DRIVER TO COMPETITIVENESS

Innovation Governance

32 Laws by different agencies

Strategic Priorities

Policies

Plans

Long term vision

All of Government

BusinessStartups and

Venture Capital

AcademeHigher Education

and STEM

Research and Development

and Incubators

INNOVATION ECO-SYSTEM: INNOVATION AND COMMERCIALIZATION FOR

MARKET DEMANDS

The Philippine Innovation Bill

The Philippine Innovation Bill

Innovation Governance: National Innovation Council

• Chaired by the President • Members from various government agencies• Representatives from cross section of the innovation

and science and technology community, business, academe, and research institutions

• Scope will cover entire value chain -- from R&D to engineering, manufacturing, distribution, sales, marketing, and even facility utilization and investment strategy

The Philippine Innovation Bill

Priorities, Strategic Direction and Plans • Build on our strengths and advantages to drive

growth in the economy where we are most competitive

The Philippine Innovation Bill

Comprehensive support program

Remove regulatory

barriers

Innovation Fund

Strategic R&D Support

• Design coaching and mentoring

• Technology extension

• Standard business practices (contracting, accounting, project management

• Standard setting• Commercializ-

ation

The Philippine Innovation Bill

Human Capital Development and R&D• Building strategic intelligence on human capital

development • Investing in high level human capital to improve

innovation capabilities • Development of well-trained scientists and

engineers, as basic inputs into more sophisticated R&D activities

• Creating avenues for technology diffusion• Massive R&D funding

The Philippine Innovation Bill

Cluster Policy• Cluster strategy to focus on regional hubs or provinces

or sectors such as MSMEs, large firms, spinoffs and start-ups, academic or educational institutions and research centers, or combinations of these

• Cluster policy combines the advantages of competition and cooperation in groups of firms located in a relatively limited physical space or those working in a particular sector.

Industrial Revolution and Disruptions

First Industrial

Revolution

Second Industrial

Revolution

Third Industrial

Revolution

Fourth Industrial

Revolution

Impacts, threats, and disruptions

Opportunities for and the need for innovation are created

Create Our Future…Innovate

Thank you

Photo Acknowledgements

• FARM COLLECTOR.COM• 123RF.COM• Pinterest.com• Tritecinc.org• Weebly.com• Sites.google.com• Studenthandouts.com• Infogr.am• Teacherlink.org• Geopolicraticus.org• Hoerrschaudt.com• Biographyonline.net• Industryweek.com• Hemmings.com

• Thinglink.com• Openphotographyforums.org• Cookit2bn.org• Coshea.weebly.com• History.com• Lifecellskin.info• Antiquemapsandprints.com• Leodis.net• Richmondvale.org• Avaus.fi• Film.byu.edu• Bwmonline.com• Blogreadytomanage.com