Insight Foresight Institute

Transforming Innovation Ecosystems

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Scaling up in the ecosystem

The creation of startups in the Spanish market grows significantly. However, there are very few cases of scallops and high growth firms (HGF). Many things must work correctly for a company to succeed. The systematic management of existing business is not enough, entrepreneurs and entrepreneurs need to drive innovations within the company ecosystem.

Insight Foresight Institute is facing this challenge by offering executive and in-house training programs. These programs are usually developed in ‘partnership’ with our collaborators and clients, such as:

  • Foundations
  • Business schools and universities
  • Business
  • Public administrations.

Our approach is to support entrepreneurs to develop their business and make the most of the ecosystem in its different dimensions: Culture, Talent, Knowledge, Financing, Governance and Markets.

Recipients

  • Entrepreneurs and those who are considering entrepreneurship.
  • Executives and managers interested in intrapreneurship.
  • All those with an interest in entrepreneurship and innovation.

Concept

  • Presentations and debate.
  • The students develop a group work during the course.
  • Classes are complemented with online work.

As a general rule, we recommend 12 sessions in three blocks. Even so, we are flexible to co-design the program to best match with each specific circumstances.

Content

  1. Innovative entrepreneurship ecosystem.

goals

  • the role of innovation and entrepreneurship in society.
  • the current situation of innovative entrepreneurship in Spain and Europe.
  • the technological-social change and scenarios.

Sessions

  • Introduction to the Spanish ecosystem and its international dimension.
  • Cross-sectional image of the Spanish ecosystem.
  • European policies for entrepreneurship.
  • Technological-social change and scenarios in the Spanish ecosystem, group work.

2. Strategies for innovative entrepreneurship.

goals

  • Knowledge of key concepts of innovation and entrepreneurship.
  • Scalable business models.
  • Tools and methodologies for the innovative strategy.
  • Business plan.

Sessions

  • Key concepts and scalable business models.
  • Strategies and road maps and in the ecosystem, group work.
  • Lean start up, design thinking, business models.
  • Business model canvas, group work.

3. Tools and capabilities for high growth start-ups.

goals

  • Definition and management of equipment and its capabilities.
  • Financial and operational management, networks and value chains.
  • Creation and management of the high growth of companies.
  • Share learning experiences

Sessions

  • Definition and management of equipment and its capabilities.
  • Financial and operational management, networks and value chains.
  • Creation and management of high growth of companies, group work.
  • Review of the course and the presentations of the results of group work.

For more information: info@if-institute.org

Also know about other IFI courses.

 

Transformative governance of personal health ecosystems

Invited speech of Dr. Totti Könnölä, CEO inf Insight Foresight Institute in the scientific conference ‘Bioengineering for Healthy Ageing. Adding Life to Years’ November 9th 2017, CosmoCaixa Barcelona.

Future personal health ecosystems encompass various areas of application such as chronic disease management, life-style management, independent living and emergency services. Such future systems assist in the provision of continuous, quality controlled and personalised health services to empowered individuals regardless of location and provide a horizontal development area across variety of patients, clinical specialties, technology fields and health services. Hence, the development of such ecosystems requires transformative governance that enable coordination and federation of diverse stakeholders.

Is it possible to achieve smart specialization?

Juan Mulet Melia, a member of the Innovation Council of IFI, and Totti Könnölä, CEO of the Insight Foresight Institute (IFI), write in Cinco Días, one of the leading economic journals in Spain, to promote smart specialization in the regions.

The aim of any policy to promote innovation is to make more innovative companies, and those that already are, to address innovations that generate greater added value. An innovative company sees innovation as one of its operations in pure business logic. However, companies that are not innovative consider that it does not compensate them to assume the inherent risk of any innovation. For this reason, innovation policies will only be effective when they are able to reduce the technological, commercial, organizational or financial risk acceptable.
Two are the ways in which policies to promote innovation are usually pursued. One, of general application, is financial aid, which must be sufficient to make the risk acceptable to a company that feels averse to innovation. The safest way to waste public money is to design financial policies for innovation with scarce resources.
The second path is to facilitate access to the technologies needed to develop innovations. If there are already sources of adequate technology, this path will be less expensive, but only reduce the technological risk, leaving intact commercial, organizational and financial…

Link to full article

Image: Gitty Images / Cinco Dias

Policy Experimentation for Pan-European Entrepreneurial Innovation Ecosystems

José Manuel Leceta, General Manager of Red.es, and Totti Könnölä, CEO of Insight Foresight Institute write on their experiences on the EIT. The article was presented in the seminar  “Growth ecosystems as a tool in the new industrial and innovation policy” organised by by SITRA and Ministry of Economy and Employment of Finland.

Established economies face major challenges in renewing their industrial basis, apparent in Europe that is struggling over decades in turning research into innovation. Policy experimentation in the periphery of government and power structures may offer opportunities for radically new policy and governance models and practices. Herein, the ‘European Institute of Innovation and Technology’ (EIT) is a relatively new policy experiment for entrepreneurial innovation. Created in 2008, the EIT operates through socalled ‘Knowledge and Innovation Communities’ (KICs) which integrate partners from the Knowledge Triangle of higher education, research and business, encompassing bottomup ‘co-creation’ of novel innovation models for Pan-European entrepreneurial innovation ecosystems. While the high political profile of the EIT has constrained partly its freedom to experiment, European-wide networked excellence approach and business logic in managing KICs has created new insights on experimental governance models to be explored further. Building on action research case study the paper codifies some of these developments and opens up an avenue for further work on the experimental governance of Pan-European entrepreneurial innovation ecosystems.

Link to the complete document

IFI in the Finnish policy research seminar: Growth ecosystems as an innovation policy tool

The Ministry of Economic Affairs and Employment, the Finnish Funding Agency for Innovation TEKES and the Finnish Innovation Fund SITRA organised in autumn 2016 an international workshop to compile international research data on developing ecosystems. Totti Könnölä, CEO of Insight Foresight Institute, presented the paper “Co-creating Pan-European Innovation Ecosystems: reflections from the EIT”.

Competition in the global economy has increasingly become a battle between various networks or ecosystems. Companies can often no longer be competitive just using their own know-how. Instead, and in addition to their own competitive advantages, they need the benefits offered by strong partners. Such partners may include other companies and public sector or civil society organisations. Various business incubators, business accelerators and organisations specialising in promoting the use of various technologies may have an important role as platforms for testing, developing and distributing new ideas.

See all the papers presented in the seminar.