Innovation = Growth
Of everything I have read from the following links what caught my eye was a report about how China is beating Europe, USA and Japan regarding Innovation.
- http://www.openinnovation.net/
- http://www.openinnovation.eu/
- http://www.15inno.com/
- http://web.mit.edu/evhippel/www/
- http://www.leaduser.com/
Some sentences are striking like:
– “What you see today is “Just follow the money” strategy, but in 10 years Asians well beat us on innovation and in 20 years they will teach us innovation methodologies. The main reason is that Asians today are managed to be multi-disciplined, while we just try to dive deeper in just one direction. Thus in the long term view our ability to innovate is really limited BY TIME.”
-“I do not have much faith in Europe due to a general lack of the entrepreneurial drive you find in emerging markets as well as in the United States.”
A proof of this is detailed in that graph:
Between 2006 and 2009, the number of patent applications in America, Europe and South Korea largely held steady. But filings in Japan sank while those in China soared. If the pattern holds, more patents may be filed in China this year than in Japan for the first time, putting China in striking distance of America. It is an astonishing reversal. As recently as 2000, Japanese patent filings were four times greater than China’s.
Patents are a crude but useful measure of innovation. The trend reflects how global companies are ploughing into China as a market and a manufacturing base. The economic crisis caused many firms to cut R&D spending (10-20%). However, Chinese firms increased their R&D spending by 30-50%. China’s domestic research-spending is now poised to surpass Japan’s in purchasing-power terms.
Asia has strengths that promise to make it a leading center of technological innovation in the 21st century. The most robust indicator of change in the distribution of innovation potential is a change in the distribution of corporate research laboratories. Companies are opening new labs in China at an astounding rate. In software and electronics, NEC, Hitachi, Sony, IBM, and Microsoft all have established R&D centers in China; in pharmaceuticals, Roche, Pfizer, AstraZeneca, Novartis, and Eli Lilly have done so.
The point for me is human capital who are applied through organization, by both entrepreneurs and corporations, as well as national leaders and governments. For example India has been outstanding in its incapacity for reform and for interfering with entrepreneurship, though this is changing. China, however, has been outstanding in its capacity for learning from experience, radically transforming government policy, and unleashing an entrepreneurial business culture.
As science and technology grow in importance, it becomes increasingly important for leaders to have a good understanding of these disciplines. Among US legislators, though, a background in science and engineering is exceedingly rare. In France, it is common. In Taiwan, many legislators have doctoral degrees in science or engineering. In China, of the nine members of the standing committee of the Politburo (the ruling body, which includes the president, the vice president, and the premier), one recently appointed member has an education in law. Previously, all nine had been trained as engineers.
Meanwhile, the situation in Europe and specially in Spain is quite different. Here some videos, (sorry are in Spanish).
The innovation makes us strong.
Comentarios desactivados en Innovation = Growth /
12 Feb 2012
por
Jonathan Cabrero Sanchez
MERME /
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