What is innovation? How would you describe innovation?

Innovation 1918 - 2018 Entrepreneural University For Science

Alar Kolk Vice Rector, Innovation & Internationalisation

We welcome students and

speakers from 24 countries!

Welcome to Tallinn University of Technology, Tallinn Tech!

1. Chemistry and Materials Technology

2. Civil Engineering

3. Social Sciences

4. Information Technology

5. Mechanical Engineering

6. Power Engineering

7. School of Economics and

Business Administration

8. Faculty of Science

Colleges and research centres: – 4 colleges in different cities

– 9 faculty research centres

8 Faculties and 4 colleges ca 14 000 students: BA, MA, PHD

How to recruit talented professors?

How to recruit smart students?

How to be accelerated by innovation?

Tallinn Tech key topics:

If you can’t explain it simply, you don’t understand it well enough. – Albert Einstein

Innovation

Ideas & Creativity

Entrepreneurship

Business Models

Shifting to the

21st century Learning

Researching

building bridges

International Tallinn Tech!!! 30% from Finland, 20% from Asia

Ca 800 international students from more then 65 countries study in Tallinn Tech today...

...students and researchers from leading Asian’ countries.

Tallinn Tech is Leading R&D Performer in Asia

Japan:

The University of Electro-Communications

Tokyo Denki University

Korea:

• Sun Moon University of Korea

• Korea Polytechnic University

• Kyungpook National University

• Hallym University

Singapore:

National University of Singapore

Taiwan:

Southern Taiwan University

Tallinn Tech China Profile joint study programmes and research

Cooperation with Leading Universities:

• University of Shanghai for Science and Technology

• Qingdao University of Science and Technology

• University of Science and Technology Beijing

• Macau University of Science and Technology

• China University of Petroleum

Perspective new partnsership:

• Jiao Tong Shanghai and Fudan Universrsity

Cooperation Areas: ICT, Innovaton Management & Business Administration, Energy, Health Care Technology

*Estonia ranked 1st in the ESN Survey 2010 regarding the average satisfaction level for stay in the hosting country institution.

** ESN Survey is one of the biggest international student surveys in Europe.

INTERNATIONAL STUDENTS SAY ESTONIA IS THE BEST

COUNTRY FOR STAY!!!

16 Master's level study programmes in English

• International Relations and European-Asian Studies

• International Business Administration (MBA)

• Work and Organizational Psychology

• Law and Technology Law

• Finance and Economic Analysis

• Technology Governance – Innovation Policy and Economics

• Cyber Security

• Software Engineering

• Computer Systems & Engineering

• Communicative Electronics

• Industrial Engineering & Management

• Environmental Management & Cleaner Production

• Materials & Processes of Sustainable Energetics

• Health Care Technology

• Design and Engineering

Tallinn Tech: Health Care Technology

Tallinn Tech: • Computer Systems & Engineering

• Cyber Security

Tallinn Tech: Design & Engineering

Tallinn Tech: Technology Law

Vision 2015:

Tallinn Tech’s top quality

research is tied with globally

recognized enterprises.

Genetic variants in novel pathways influence blood pressure and cardiovascular disease risk. M.Viigimaa et al. Nature. Volume 478. 2011

Affinity gradients drive copper to cellular destinations. K.Zovo, P.Palumaa et al. Nature. Volume 465.2010

Tallinn Tech in Space

European Space Agency & Tallinn Tech: Study of the role of individual plant myosins in gravitropism. 2012

Environmental monitoring of harbor dredging. 2011 Totally around 10 different space related projects running.

Tallinn Tech key partners:

• Leading research universities: – Nordic countires,

– Asia (leading research universities)

– USA (Stanford, Berkeley)

• High tech start-ups (spinn-offs)

• International Corporations

Tallinn Tech in Action internationalisation in the market

Silicon Valley Corps Stanford, Berkeley

Shanghai 211 RD Universities

Mektory: Tallinn Tech eService Innovation Centre

Tallinn Tech Innovation & Technology Trainings in Shanghai, Beijing, Macau – March 2012

Tallinn Tech in China

Tallinn Tech China

Workshops and Training in China:

• Data Mining and Information Systems

• Material Technologies

• Innovation Management

• Management

• Software Development

Tallinn Tech in Asia Asian eService Centre in Shanghai

• Asia MekTory: Educational Labs, Startup Incubation and eServices Demo

• Core R&D from Tallinn Tech: Cyber Security, Health Care Technology, ICT, Innovation & Management, Technology Law

Tallinn Tech (TUT) in Silicon Valley

Plug and Play TechCenter

440 N.Wolfe Rd. Sunnyvale California 94085, USA

Researchers exchange from 2012

Students, researchers, staff exchange from

2010

Tallinn Tech students intensive training in Silicon Valley (2012): • Stanford • Berkeley • Venture Capitalists • Accelerators • Tech corporations

• Recent Visits and Teaching in Tallinn Tech:

– Dr. Burton Lee, Stanford

– Prof. Oussama Khatib, Stanford

– Prof. Glenn Ballard, UC Berkeley

– Dr. Keith Devlin, Stanford

– Dr. Lisa Harper, UC Berkeley

Silicon Valley Professors in Tallinn Tech

Super Agile Innovation!

Science

Teaching

Innovation

Integration & Balance!

Modern Estonian Knowledge Transfer Organisation for You!

MeKTory!

Interdisciplinary platform Attracting international students Integration of study and practice

Business Model Engineering * Mobile & Media Services * Design & Engineering

Inter-diciplinarity and industry cooperation

MeKTory!Entrepreneurs

Professors

• Applied research • Business models

• Prototype • Growth

Quality Master or

PHD Thesis

Start up Corp Business

Scientific Career!

*Titled by Wired Magazine, August 2011

Europe's hottest start-up capitals: Tallinn*

SKYPE IT Academy

Tallinn Tech ecosystem... …creates value for professors,

students & companies!

NorTic

Technology MeKTory

Ideas

ProtoFund Test

Tehnopolis

Growth T-Tech.Serv

Develop

Promote: Tallinn Tech International Mobile Media

Demo: Tech Demo Centre, Edu-labs, Asia-Tech

Tallinn * Helsinki * San Francisco * Shanghai

Finance: Tallinn Tech iProject Centre

Innovators Speed Dating Make 30 second pitches during 10 min

A la Carte Menu 16 July – 3 August

Innovators’ A la carte Menu:

16 - 20 July Innovation &

Entrepreneurship

July 16, A. Kolk: • Innovation why and what? July 17 – 18, prof. Harris: • The core of the innovation! July 18, Jon Green: • RD in Samsung July 19, prof. Rohrbeck: • Future & Technologies July 20, prof. Kattel: • Innovation is Open!

InnovationLab4U every day from 14.00 – 15.00!

Innovators’ A la carte Menu:

23 - 27 July Business Model

Innovation

July 23, Sir Kroto, Dr. Stähler: • Business Model why & how July 24, I. Vaks, Dr. Stähler: • Metrics and execution! July 25, prof. Howard: • Creativity July 26, M. Maripuu • Learning, Creative Discovery July 27, Dr. Stähler, A.Kolk: • Team Pitching

InnovationLab4U every day from 14.00 – 15.00!

Innovators’ A la Carte Menu: 30 July - 3 August

Software Applications

July 30, prof Taveter: • Why & how July 31, prof Leon Sterling: • Quality! August 1, H. Abolrous: • RD in Microsoft August 2, M. Omander: • RD in Google August 2, T. Paananen: • RD in Skype August 3, Pitch to VC’s: • Innovators’ Death Match

InnovationLab4U every day

from 14.00 – 15.00!

Innovation

Ideas

Entrepreneurship

Business Models

Software Apps

INNOVATION How to create value from mind to market?

What is innovation? How would you describe

innovation?

什么是创新？

如何描述创新？

different levels of innovation

business model innovation

product & service innovation

process innovation

technology innovation

Innovation is an invention, paired with a

process and a market

invention market process

Entrepreneurship

Humans have a unique ability to imagine different futures and to turn

ideas into reality.

Innovation involves the generation and exploitation of ideas.

Turning a good idea into an innovation -

a good idea implemented - often requires hard work, careful thought

and a creative approach to implementation itself.

Orville and Wilbur Wright were outstanding innovators. Their achievement went far

beyond the complex challenge of powered flight. They knew that their idea not only had

enormous commercial potential. They also realised how aviation would change our lives.

Innovation is the process whereby ideas

for new (or improved) products,

processes, or services are developed

and commercialized in the

marketplace.

The process of innovation affects the

whole business – not just specific

products, services, or technologies.

Today innovation is about much more than new

products. It is about reinventing business

processes and building entirely new markets

that meet untapped customer needs. As the

Internet and globalization widen the pool of

new ideas, it’s about selecting and executing

the right ideas and bringing them to market in a

record time.

In the 1990s, innovation was about technology

and control of quality and cost. Today, it's about

taking corporate organizations built for

efficiency and rewiring them for creativity and

growth.

Grow Fast or Die

Scaling Fast or Die

Companies are “Getting Big Fast”

HP Decades

Google 10 years

Twitter 4 years

Facebook 2 years

Groupon 1 year

Scale or die?

For many companies, almost no barrier to entry for competitors (how many Groupon clones are there?)

Scale / adoption key factor in funding

Gary

Hamel Reinventing Management for the 21st Century

INNOVATION Creates value from mind to market?

Why is innovation important? Why is innovation important to

China?

创新为什么重要？

创新为什么对中国重要？

Why is innovation important?

Innovation is important on a number of levels. It is important for nations and regions, for economic growth and it is

Important for firms for survival and growth.

INNOVATION ... is a survival imperative

not a luxury

IDEAS Where good ideas come from?

Who are you? Left or right brain?

Left brain: I am the left brain.

I am a scientist. A

mathematician. I love the

familiar. I categorize. I am

accurate. Linear. Analytical.

Strategic. I am practical. Always

in control. A master of words and

language. Realistic. I calculate

equations and play with

numbers. I am order.

I am logic.

I know exactly who I am.

Right brain: I am the right brain. I am creativity. A free

spirit. I am passion. Yearning. Sensuality. I am the sound of roaring laughter. I am taste. The feeling of sand beneath bare feat. I am movement.

Vivid colors. I am the urge to paint on an empty canvas. I

am boundless imagination. Art. Poetry. I sense. I feel. I

am everything I wanted to be.

Who are you? Left or right brain?

Are you afraid of risks?

Test fast! Fail fast! Adjust fast!

Tom Peters

Innovators’ Failure Pitching

Rest in Peace MyStartup Company

2010 - 2012

Present your failure in 30 seconds

Innovation is your

adventure

An adventure is defined as an exciting or unusual experience; it may also be a bold, usually risky undertaking, with an

uncertain outcome.

Amundsen and crew reach the “last place on Earth” in December, 1911

Lonely

Fridtjof Nansen won international fame after reaching a record northern latitude of 86°14′ during his North Pole expedition of 1893–96.

Competition

The term is often used to refer to activities with some potential for physical danger, such

as skydiving, mountain climbing and or participating in extreme sports.

The term also broadly refers to any enterprise that is potentially fraught with

physical, financial or psychological risk, such as a

business venture, a love affair, or other major life

undertakings.

Adventure!