Download - Aard Groen VentureLab - dif14 - 12-11-14
Innoveren en Ondernemen: Kennis en Kennissen
• Prof. Dr. Aard J. Groen
• Dean of entrepreneurship, University of Groningen Center of Entrepreneurship
• Professor of Entrepreneurship & Valorisation @ University of Groningen and
• Professor of Innovative Entrepreneurship @ University of Twente
• UGCE: University of Groningen Centre of EntrepreneurshipVenturelab Northern Netherlands www.rug.nl/ugce
• NIKOS, Nederlands Instituut voor Kennisintensief Ondernemerschap, Universiteit Twente www.utwente.nl/nikos
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Research SRO Innovation Entrepreneurship in IGS
•Entrepreneurship in Networks/ent.heuristics•Entrepreneurial University-Industry Interaction•Technology business development•Organizing for Innovation SRO Logistics & information in CTIT- SRO Engineering and product design --
Business Development •TOP (25 years, n=450 entrepreneurs)•KEB (7 years, >300 firms supported)•Venture Lab Twente (may 2009- •Competencies for Innovation•Mephi (Moscow University)•Global starts•International business development
Teaching •Minor Entrepreneurship, international management•Technology Venturing and Innovation at Venture Lab
Twente •Msc Business administration:
- Innovation & Entrepreneurship- International Management
•Master Innovation & Entrepreneurship ECIU with Aalborg University; TU Berlin
Training & consultancy •Market orientation HTSF•KVGO/VNO-NCW•Manufacturing Industry Networks•Rabo•International consultancy
ExcellentResearch
Problem solvingTraining
andConsultancy
BusinessDevelopment
Support
Teaching Innovation &Entrepreneurial Competencies
Innovation & Entrepreneurship
in networks
NIKOS in UT Technology Business School: Engaged scholarship combining excellent research, teaching and business development
|centre for entrepreneurship 3Date 05.09.2014
Goals UGCE: Making UoG more entrepreneurial
Vision on Entrepreneurial University:›Engaged scholarship›Combining research, teaching & societal orientation›Building on entrepreneurial values:- Innovative- Creative- Risk taking propensity- Network orientation›Creating Value on basis of excellent research and using or attracting entrepreneurial talent in a supportive eco-system
|Date 20-03.2014centre for entrepreneurship 4
PARTNERSPARTNERSUGUGCECE
ECONOMISCHE KANSEN, NIEUWE VERBINDINGEN
Programmadirectie BioBased Economy 5
+ + +Agro Chemie & materialen Logistiek Energie
Goede kennisinfrastructuur
Voorbeeld van ontwikkelmogelijkheden: Biobased economy in Noord-Oost Nederland (rapport Berger)
|A.J. Groen, 12-03-2014centre for entrepreneurshipStrategische noodzaak:
Van cost cutting naar waarde creatie
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Value creation Entrepreneurialism
2010’s
Adapted from Bolwijn & Kumpe
|Date 30.01.2014centre for entrepreneurship 8
Knowledge development and valorization
|Date 30.01.2014centre for entrepreneurship 9
What’s wrong with innovation linkages?
9Based on the materials of the round table organized by the iR&D club. 25/09/13
|A.J. Groen, 12-03-2014centre for entrepreneurship
Entrepreneurship support for entrepreneurs working in their company in stead of on their company
|A.J. Groen, 12-03-2014centre for entrepreneurship
› Competencies for Innovation: (Pieken in de Delta) to develop instruments for improvement of innovation competencies of manufacturing industry
› VentureLab Twente: (Region, Province, EFRO, UT, Saxion) developing instruments to stimulate High tech High growth companies
› VentureLab North: Starts in November with first group to enter in Groningen, training and networking aims at integrating an accelerator program for Northern Netherlands
› Kansrijk Eigen Baas: stimulating entrepreneurship MBO/HBO level (incl. unemployed)
› PC3-product co-creation center: supporting technology systems/product design-> business development methods in university-sme context in economically deprived regions.
Innovation & Entrepreneurship Examples of current projects
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VentureLab International:How to grow your business ?
This project is made possible by contributions of the European Union and the Province of Overijssel & province of Gelderland | 12
VentureLab International... initiative and objectives
Companies fail to grow and to create economic value
University Twente: > 800 start-ups in 25 yrs
… but they remain small (< 10 fte)
VentureLab Program designed to support growth
VentureLab Twente (2009-2012)
… > 200 participants - excellent results
VentureLab International (2012+)
Ambition: Worldwide recognized business support program for growth companies
VentureLab Groningen (2014 +)
Need forprogram
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Entrepreneurial needs (4S model NIKOS)
Entrepreneur and
Enterprise
Scope: from idea
to Strategy
SocialNetwork-Contacts
Skills:Patterns of
Organi-sation
Scale: EconomyFinancial
means
• Ideas• Assessing the opportunity • Strategic processes• Business plan
• Culture, values, norms• Facilities• Personelarrangements
& Systems • Knowledge
Contacts with:• Clients• Suppliers• Experts• Colleagues• Support agents
• Own capital • Bridging development
period• Financing investments
- Venture Capital- Loans
VLI CONCEPT
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But companies often underperform
Not market oriented
Scope: from idea
to Strategy
SocialNetwork-Contacts
Skills:Patterns of
Organi-sation
Scale: EconomyFinancial
means
• Mono-disciplinaryTeams (tech)• No managementSkills•
• Strategic drift• Technology/market• Small ambition•
• “Death valley”• Long time to market• High cost - high risk• Unsufficient funding•
• Academicnetworks • Small markets • No networks•
VLI CONCEPT
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VLT instruments for success
Entrepreneur,team andEnterprise
Coaching, Training,
Team building& Courses
Scope: from idea
to Strategy
SocialNetwork-Contacts
Skills:Patterns of
Organisation
Scale: EconomyFinancial
means
• Culture, values, norms• Facilities• Personelarrangements
& Systems • Knowledge
• Ideas• Assessing the opportunity • Strategic processes• Business plan
Contacts with:• Clients• Suppliers• Experts• Colleagues• Support agents
• Own capital • Bridging development
period• Financing investments
- Venture Capital- Loans
Knowledge Office spaceOrganisationalsupport
Strategic Coach
Access to:Soft loansParticipationVenture capital
IntroductionsBrokerage
VLI CONCEPT
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Entrepreneur and
Enterprise
Entrepreneurial
and market orientation
Scope: from idea
to Strategy
SocialNetwork-Contacts
Skills:Patterns of
Organisation
Scale: Economy:Financial means
• Culture, values, norms• Facilities• Personelarrangements
& Systems • Knowledge
• Ideas• Assessing the opportunity • Strategic processes• Business plan
Contacts with:• Clients• Suppliers• Experts• Colleagues• support agents
• Own capital • Bridging development
period• Financing investments
- Venture Capital- Loans
COO / CTOBalanced teamsoperations organized, Q-systems in place &product offering
CEOClear Growth ambitionStrategic focus• developed T-M-O• strategic process/network• path of value creation/exit
CFOManaging cash flow roundsof investmentFFFVenture capital(Formal-informal investors)
CMOStrong connections with market (suppliers-clients)Managing strong & weak ties(in business & academic world)
Characteristics of Modules for VentureLab International Ventures
COO / CTOModule OrganizingProductionHSE/Q-systemsModule TechnologyIP managementTechnology dynamics in NanoICT/biomedical/energy…Technology intelligenceProduct design
CMOModule marketingIntroduction to marketingSegmenting, targeting, positioningThe practice of marketingMarket analysisE-commerce;
CFOModule financeFinancial frameworkValuation & control business modelFinancing the ventureFiscal legislationFinancing growthModule Investor readiness
CEOModule StrategyEntrepreneurial processBusiness modelsStrategic purposeCompetitive advantage
Areas of businessHealth EnergySafetyWater
Manufacturing (IPC)Regional business
networks
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Entrepreneur and
Enterprise
Entrepreneurial and market orientation
Scope: from idea to Strategy
SocialNetwork-Contacts
Skills:Patterns of
Organisation
Scale: Economy:Financial means
• Culture, values, norms• Facilities• Personelarrangements
& Systems • Knowledge
• Ideas• Assessing the opportunity • Strategic processes• Business plan
Contacts with:• Clients• Suppliers• Experts• Colleagues• support agents
• Own capital • Bridging development
period• Financing investments
- Venture Capital- Loans
COO / CTOBalanced teamsoperations organized, Q-systems in place &product offering
CEOClear Growth ambitionStrategic focus• developed T-M-O• strategic process/network• path of value creation/exit
CFOManaging cash flow roundsof investmentFFFVenture capital(Formal-informal investors)
CMOStrong connections with market (suppliers-clients)Managing strong & weak ties(in business & academic world)
Characteristics of VentureLab International Ventures
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Different technologies
• Synthetic seeds• Solar energy• Insulation/Cooling• Simultaneous multi-
language translations• Aviation and Bio fuel • 3-D printing• E-commerce (internet
platforms)• Remote
sensoring/measurement• Energy information
systems• Identity management
• Smart materials• Laser technology• Rontgen diffraction• Water treatment• Battery technology• Meat recovery• Tracking & Tracing• Climate systems• Drug delivery system• Social media• Machine maintenance• High Tech detectors• Video mapping
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Two recent prizes won by Venturelab International• During its annual conference in
Coimbra, Portugal, the Technopolicy Network has ranked incubators from more than 20 countries in three categories: growth, self-sustainability, return on public investment. The overall winner achieves the best overall score. The Technopolicy Network is a network of knowledge regions which exchanges best practices in regional innovation policies with a focus on science-based entrepreneurship.
• Growth: Venturelab International
www.venturelabnorth.nl
Ontwikkeling Venturelab Noord-Nederland ( venturelabnorth.com )
• Student Venturelab- Venturelab weekend - Flex ruimte in Cube 050 & Launchcafe- samenwerking met HBO-N-Nl
• Venturelab Noord-Nederland- Basisvoorziening met specialisaties:- Energy Venturelab (+ Energyvalley & EAE & Entrance)- Medical Venturelab (SBGG/UMCG/R&D hotel UMCG campus)
Ontwikkeling Venturelab Noord-Nederland ( venturelabnorth.com )
• Venturelab Noord-Nederland; UGCE& SBGG & RuG-R&V en vele anderen:- Basisvoorziening met specialisaties:- Energy Venturelab met Energy valley & Energy Academy Europe & Entrance- Medical Venturelab met SBGG/UMCG / R&D hotel UMCG campus)- ICT Venturelab met Launchcafe & Internet Valley- Service Venturelab met Talencentrum e.a.
• Monitoring op basis van VLT+GEC
VRAGEN?