3. Catching up or Lagging Behind? Turkey is labeled under “catching up with moderate growth” Source : European Innovation Scoreboard 2008
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7. Market is where value is converted into other forms of value.
8. Value is a perception and highly context dependent. Hence innovation is a dynamic process.
9. Innovation involves acquisition/processing of knowledge.Knowledge (not necessarily technical or scientific) is the main barrier to/frontier of innovation.
10. Innovation Cycle Public Intervention Comfort Zone Knowledge VISION INVESTMENT Opportunity Equity EXECUTION Value MARKET Value
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12. OPPORTUNITY – BUSINESS DEVELOPMENT : Almost always focused on immediate opportunity, more of a follower’s attitude
13. VALUE – DEVELOPMENT/PRODUCTION/SALES : Strongest component of the eco-system. Often top skills and top innovators around.
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15. Innovation Dynamics Intrapreneurial Company is the Future Organizational skills to adopt new ideas and diversity. Intrapreneurship is underrated, enterpreneurship is overrated. High Value Add ≠ New Company
16. Value Pyramid Cost of Innovation Barriers for Competition Risk of Innovation
18. Systemic Linkages Firms collaborating on innovation with higher education institutions by size, 2004-06 Firms collaborating on innovation activities by size, 2004-06 Firms collaborating on innovation with government institutions by size, 2004-06 Source : OECD STI Scoreboard, 2008
19. Structural Performance Elements of design for R&D Structure : Profile of researchers, performers and Cross financing based on the Characteristics of priority areas. Source : OECD STI Scoreboard, 2008
20. Converting High-Tech to Low-Tech Source : OECD STI Scoreboard, 2008 Source : TUSİAD, (2008) “Türkiye Sanayiine Sektörel Bakış”
21. Capturing Value Source : Linden, Kraemer, Dedrick (2007) “Who captures value in a global innovation system? The case of Apple’s iPod”