I Minds2009 Bruno Lanvin Closing The Innovation Gap In Europe
1. Closing the
Innovation Gap
in Europe
How much can a crisis help ?
Bruno Lanvin
Executive Director, INSEAD-eLab
Ghent, 12 May 2009 iMinds Conference 2009 1/33
2. Four points
• Innovation is under renovation
• Can Europe seize the opportunity ?
– Will it have the muscle ?
– Will it have the brains ?
– Will it have the guts ?
• The growing significance of the local level
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3. Three points
• Innovation is under renovation
• Can Europe seize the opportunity ?
– Will it have the muscle ?
– Will it have the brains ?
– Will it have the guts ?
• The growing significance of the local level
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8. Three points
• Innovation is under renovation
• Can Europe seize the opportunity ?
– Will it have the muscle ?
– Will it have the brains ?
– Will it have the guts ?
• The growing significance of the local level
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9. Can Europe seize the opportunity ?
Intensity of downpour
(in liters/second)
Anticipated velocity of pedestrian
crossing the sreet
(in meters/second)
Estimated ground speed
of vehicles heading towards observer
(in km/hour)
Distance to reach other side of the street (in meters)
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10. Will Europe have the muscle ?
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11. R&D Spending (private + public) as % of GDP
EU 27 1,82
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12. Europe’s innovation on steroids ?
• Small Business Act
• Venture Capital
• Partnership
(I) = f ( SBA, VC, PPP)
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13. Will Europe have the brains ?
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22. The way forward
• prevent talent drain during the crisis
• more maths & science
• seize the cleantech opportunity
• enhance openess and mobility
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23. Will Europe have the guts ?
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25. SIZE(*) matters
• Build on success • Benchmark
• Focus resources • Encourage risk taking,
• Be open multi-disciplinary work
and bold innovation
(*) Special Innovation Zones in Europe
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26. Innovation is a mindset
• A culture of innovation requires the
recognition of the right to fail
• Incremental innovation can grow from
specialization; disruptive innovation
demands inter-disciplinarity, openness
and collaboration
• A critical factor of innovation success is
timing : time-to-market, agility are key
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27. What are we waiting for ?
Indecision in times of crisis is more
deadly than in normal times. Innovation
will make the difference between the
players who will be on the right/wrong
side of the street when the weather
improves and traffic grows again.
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28. Three points
• Innovation is under renovation
• Can Europe seize the opportunity ?
– Will it have the muscle ?
– Will it have the brains ?
– Will it have the guts ?
• The growing significance of the local level
Ghent, 12 May 2009 iMinds Conference 2009 28/33
29. The Power of Being Small
– Global connected hubs
– Small big players : Estonia, Singapore, Qatar
– Regions and municipalities as champions
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32. The ABCDE of
innovation-based competition
Agility - React swiftly to opportunities
- Infrastructure, networks
Be on the map and hub positioning
- Open-mindedness
Cooperate & multi-disciplinarity
Desire - Local will to create, risk,
adapt and change
Excellence - Attract and retain talent
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33. Thank you for your attention
bruno@lanvin.org
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