Innovation
It is nearing the end when the rate of change on the outside is greater than the rate of change on the inside

From Innovation Ecosystems to Startup Ecosystems Global Megatrends In Ecosystem Developments

Transition Factors

From past

  • Simple linear world
  • Closed, expensive and less creative pressure or freedom
  • Dependency on “hosts & gatekeepers”
  • About ideas, invention and research by big companies creating most actual innovations (mainly due cost factors)
  • Old models are already working “at their best level” and are difficult to significantly improve, so markets seek for “next level” solutions
  • Minimal innovation impact achieved by outsider strategies and methods (customer development)
  • Innovation requires for someone to take initiative with commitment to make it happen

 

Today and Future

  • Non-linear, globally networked world
  • Free & cheap technology, platforms, infra & go to market channels
  • Innovation via startups fast, flexible, highly motivated, cost effective, supported by private and public parties
  • Innovation process is more open and more exposed to true market validation
  • Smart big companies are moving towards open innovation
  • Working together and acquiring most potential startup and talent
  • Startups are “outsourced innovation” for big companies, just like app developers are for software platforms (iOS, Android, etc.)
  • Startups and innovative SME’s our biggest job creators

Entrepreneurial ecosystems that are alive and well produce the vast majority of the new jobs and foreign direct investment that the United States receives each year. The most significant driver of growth is the interconnectedness of ecosystems.

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