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A World Without Borders – Innovation, Entrepreneurship and

Jan 01, 2017

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  • A World Without Borders A World Without Borders Innovation, Entrepreneurship Innovation, Entrepreneurship and Creative Financing in practice and Creative Financing in practice to sustain to sustain

    Economic GrowthEconomic Growth

    Professor AlanProfessor Alan Barrell Barrell Entrepreneur in Residence Entrepreneur in Residence Centre for Centre for Entrepreneurial Learning Judge Business School Cambridge, XiamenEntrepreneurial Learning Judge Business School Cambridge, Xiamen

    University Fujian, ChinaUniversity Fujian, China and and LaureaLaurea University of Applied Sciences University of Applied Sciences Helsinki. Chairman NHS Innovation Council Helsinki. Chairman NHS Innovation Council East EnglandEast England

    UECJB Cambridge Academic Programme

    May 2012

    And the importance of Regions and And the importance of Regions and Regional impacts on National and Regional impacts on National and

    World Economic Development with World Economic Development with reflections on Current Global Financial reflections on Current Global Financial

    IssuesIssues

  • ChinaChina--UK UK WELCOME !!WELCOME !!

    Connecting across Continents Connecting across Continents creating a World Without creating a World Without Borders Borders with ENTREPRENEURSHIPwith ENTREPRENEURSHIP

  • Happy New Year of the DRAGON !Happy New Year of the DRAGON !

  • My favourite University CampusMy favourite University Campus..

    After Cambridge After Cambridge Xiamen is a Xiamen is a second home|second home|

  • Hero and great Hero and great BenefactorBenefactor

    The World The World needs more needs more like him to like him to

    face the face the challenges of challenges of

    the future the future Mr Tan Mr Tan KahKah KeeKee

  • Kings College Kings College Trinity and Trinity and all thatall that A A medieval city. A great University. Cambridge my medieval city. A great University. Cambridge my

    No. 1 !No. 1 !

  • A PreviewA PreviewOur World Today Our World Today Economic, Social and Economic, Social and

    Business ContextBusiness Context

    What it means for UK and the West in GeneralWhat it means for UK and the West in General

    Looking ahead Looking ahead Exploiting the Future Exploiting the Future UK and UK and China China -- Globalisation Globalisation Innovation, Enterprise, Innovation, Enterprise,

    Entrepreneurship Entrepreneurship

    Partnerships Partnerships vsvs Competition Competition and perhapsand perhaps

    CoCo--opetitionopetition

    International Finance, Currency International Finance, Currency Yuan, $ and Yuan, $ and EurozoneEurozone Financing GrowthFinancing Growth

    Promoting beliefs in Promoting beliefs in Open InnovationOpen Innovation A World Without A World Without Borders and Education Without BordersBorders and Education Without Borders

    Emphasising the Emphasising the Entrepreneurial ImperativeEntrepreneurial Imperative

  • Meet RufusMeet Rufus His first day of His first day of life beyond life beyond

    mothermother

  • My Family My Family before before RufusRufus..

    Rufus in this picture is hidden inside the Rufus in this picture is hidden inside the lady with the green toplady with the green top

  • A World of OPPORTUNITYA World of OPPORTUNITY

    Can be A WORLD WITHOUT Can be A WORLD WITHOUT BORDERSBORDERS

    Education Education Without Without BordersBorders

    Business Business Without BordersWithout Borders

  • Does our Does our Eye on the WorldEye on the World see much see much change?....change?....Is our perception of this Is our perception of this changechange

    driving enough innovation and change in preparing the next driving enough innovation and change in preparing the next generationgeneration..?? What is changing between East and West ?..?? What is changing between East and West ?

  • Intermediaries 4th DimensionThe way we view the World Southern China seen from Cambridge

  • Cambridge seen from Southern China

  • Global Dynamics Global Dynamics Our World Today and Tomorrow Our World Today and Tomorrow Context Context for Our Future for Our Future The bigger pictureThe bigger picture

    Two fifths of the Worlds people live in Two fifths of the Worlds people live in the two fastest growing large the two fastest growing large economies economies China and India China and India

    Education, Wealth Creation and New Education, Wealth Creation and New Knowledge are at the heart of Knowledge are at the heart of Economic Planning in AsiaEconomic Planning in Asia

    Growth in Asia is far ahead of Growth in Asia is far ahead of Europe.Europe.

    Dynamic Growth in Manufacturing Dynamic Growth in Manufacturing BaseBase

    CASH is in place in the Asian CASH is in place in the Asian economies economies as well as brainpoweras well as brainpower--China has US$ 3.2 Trillions of China has US$ 3.2 Trillions of reservesreserves

    Labour and Material cost advantages Labour and Material cost advantages ++++++++++

    Asia and The Americas Asia and The Americas power and power and influenceinfluence..

    Europe and the Europe and the EurozoneEurozone What What next ?........next ?........

  • The Changing Horizon

    EnvironmentIssues

    The death ofdeference

    New employmentpatterns

    Organisations

    Globalisation

    Technology

  • Sources of CompetitivenessSources of Competitiveness

    Creativity Risk

    Speed Reputation

    Cost Values

    Learning Information

  • 4 billions new 4 billions new world citizens on world citizens on the way the way -- living living longer longer not all not all

    healthierhealthier.7 billion .7 billion of us alreadyof us already

    3 millions of 3 millions of the babies the babies

    born in UK in born in UK in 2010 will live 2010 will live 100 years or 100 years or

    moremore

    The Dilemma The Dilemma Living Longer Living Longer Health Care BudgetsHealth Care Budgets

  • 28 Nations in 28 Nations in AfricaAfrica

    Africa will be Africa will be the first the first

    Continent to Continent to have 2 billions have 2 billions

    populationpopulationThere are losers There are losers as well as as well as winnerswinners

  • Seismic Shifts in power from West to East Seismic Shifts in power from West to East North to South North to South implications for world Cultureimplications for world Culture

  • Poor old Europe Poor old Europe more than a bit deflated !more than a bit deflated !Uncertain times Uncertain times ..??..??

  • Looking at Looking at todaystodays BIG WORLD BIG WORLD -- And the balance And the balance of trade and power in the world has changedof trade and power in the world has changed

  • Some Economic Indicators How are key Countries doing?

    Can the trend continue? What if China pulls out of US $ - moving its reserves? Do the Trade Balance differences matter? India and China?

    - 679 + 3.5+ 3.9USA

    + 86+ 1.0+ 2.1Euro Area

    - 49+ 0.1+ 2.9Britain

    130- 25+ 8.0+ 8.6India

    3.5 Trillion And growing!

    +158+ 8.9+ 9.5China

    Foreign ReservesUS $ Bn

    Trade BalanceUS $ Bn

    Ind. Prod. %GDP % Change

  • Serious thoughts Serious thoughts needed about needed about

    ChinaChina

    From Ancient From Ancient History and Past History and Past Greatness Greatness to to

    TomorrowTomorrowssWorldWorld

    440 million people 440 million people lifted from poverty in lifted from poverty in

    last two decadeslast two decades

  • To get rich is To get rich is GLORIOUSGLORIOUS

    Deng Xiaoping 1978

    Who said Capitalism was bad ? Not this manWho said Capitalism was bad ? Not this man

    Not all he did is Not all he did is considered good by all considered good by all

    but his impact on the but his impact on the Chinese Economy and Chinese Economy and

    Society and the World has Society and the World has been profoundbeen profound

  • ChinaChinas Provinces s Provinces Prediction for 2020 Prediction for 2020 Provinces GDPs Provinces GDPs will equal many Nations will equal many Nations

  • The Phenomenon of Ancient China The Phenomenon of Ancient China Creativity and Inventiveness Creativity and Inventiveness somesome of of the Inventions. Is China entering a new the Inventions. Is China entering a new Age of Invention and InnovationAge of Invention and Innovation??

    The first lamps Magnetic Compass The Camera Gunpowder Paper for writing Printing Iron and Steel Smelting Copper and Bronze ware Oil Drilling and Production Coal Mining Pottery and Porcelain Wine making and tea and tea culture Early Astronomy Sericulture gave us Silk Seismography Traditional Medicine and Anaesthetics Acupunture Vaccination against Smallpox The Hot Air Balloon The Soushi Calendar Decimal and Binary Mathematics

  • 1919thth Century Entrepreneur Century Entrepreneur Zhang Zhang ZhidongZhidong

    China never China never sleptslept Adhere to our Chinese Adhere to our Chinese principals of philosophy principals of philosophy and life and life but learn from but learn from the Westthe West

  • The great Chinese Navigator and ExplorerThe great Chinese Navigator and Explorer

  • Lets put MODERN CHINA into our picture and context.Some of Chinas Achievements

    Compound growth of GDP at 9% since 1995, 2nd largest economy in the world

    One of top 10 trading nations The most popular FDI destination The largest mobile phone market The second largest PC market The third largest advertising market An opportunity market for Western Goods in 2010 20%

    of al