Questioning why research centers so often fail to commercialize discoveries, this book explores the concept of linked innovation, which promises to drive economic sustainability while preserving academic quality at research centers. The author examines the gaps in the innovation process and identifies eight symptoms of broken innovation. Providing empirical research into areas such as performance metrics, design thinking, industry collaboration, and innovation ecosystems, this comprehensive study covers 28 mechanisms and 12 business models for driving growth in those centers. Essential reading for managing directors at research institutions and academics, Linked Innovation draws on examples from leading research centers at universities, in industry and government. Based on a four-year analysis of 3,881 centers in 107 countries, the book looks at institutions such as Harvard, Oxford and organizations such as Roche, Google, Fraunhofer and NASA to name a few.
Josemaria Siota is a project leader at IESE Business School's Entrepreneurship and Innovation Center and the director of Simastec Consulting. He has published on strategic growth and innovation for companies such as PwC and Oliver Wyman, has spoken at conferences in institutions such as Harvard Business School, and has earned mentions in Forbes, among other media. Additionally, he has cofounded five start-ups, and has cocreated several initiatives at IESE in different countries. Previously, he worked at Deloitte.
1. The Dilemma: Academic Quality or Economic Sustainability.- 2. From Broken to Linked Innovation: The Underlying Concept.- 3. Stage 1 - Research: Selecting Performance Metrics based on Academic, Economic, and Social Impact.- 4. Stage 2 - Transformation: Translating Discoveries into Impact for the Market through Design Thinking.- 5. Stage 3 - Commercialization: Designing Collaborative Business Models for University-Industry-Government Relations.- 6. All Stages - Innovation Ecosystem: Qualifying and Leveraging the Internal and External Agents based on Merit.- 7. Conclusions.