Innovation Communities: Trust, Mutual Learning and Action
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Research, Art and Impact Assessment
Research, Art and Impact Assessment Aalto University Aalto University Research, Art and Impact Assessment RAI 2018 Report Ella Bingham, Krisztina Cziner, Marjo Kettunen and Tuija Pulkkinen (ed.) Publisher: Aalto University Layout: Matti Ahlgren and Päivi Kekäläinen Copyediting: Heidi Henrickson Cover photo and photos on pages 4, 22, 178: Unto Rautio/Aalto University Print: Unigrafia 2019 Available online at https://www.aalto.fi/research-art/research-assessments ISBN 978-952-60-3762-2 1 2 Contents President's greetings 5 RAI 2018 – Why? 7 Executive Summary 8 Aalto University's Mission and Strategic Development Actions 11 Organization and Implementation of the Assessment 15 Assessment Fields and Units of Assessment 18 Assessment Panels, Report and Criteria 19 Utilisation of the Assessment Results 21 Main findings and recommendations 23 Field 1: Arts, Design and Architecture 30 Field 2: Business and Economics 48 Field 3a: Chemical engineering and physics 66 Field 3b: Engineering 82 Field 4: ICT and Mathematics 96 Field 5: Energy 114 Field 6: Health and Wellbeing 130 Field 7: Living environments 144 Field 8: Innovation Ecosystem 156 Elements of Assessment 180 Panels 182 Assessment organisation 184 3 4 President's greetings Nearly 10 years since founding – 42 international specialists assessed the development of Aalto University In 2010, Helsinki University of Technology, the University of Art and Design, and the Helsinki School of Economics merged to form Aalto University, which was given a special national task: to strengthen the innovative capacity of Finland through first-class research, artistic activities, and education. The aim was to create a new kind of research university that combines high societal relevance with uncompromising scientific rigor and groundbreaking art. -
Talent Boost Summit 2018 in Tampere 7.11.2018
TALENT BOOST SUMMIT 2018 IN TAMPERE 7.11.2018 SEAN RICKS is working as a journalist at the Finnish Broadcasting Company (Yleisradio). He is the host of talk show “Perjantai”, which he has also developed. Additionally , Sean has worked as a documentary film maker, investigative and foreign reporter and online brand concept developer. "Finland is a small country capable of big ideas. We need the best talent in the world to take another step forward. For me Finland's greatest strengths (innovation, social democracy) can only get stronger with an influx of international talent. Let's do this!" Twitter: @seanaricks TALENT BOOST SUMMIT 2018 IN TAMPERE 7.11.2018 ANTTI NEIMALA the Director General of the Employment and Well-Functioning Markets department at the Ministry of Economic Affairs and Employment of Finland. Twitter: @AnttiNeimala TALENT BOOST SUMMIT 2018 IN TAMPERE 7.11.2018 YACINE SAMB: A passionate digital facilitator, Yacine joined the Google's Nordic Marketing team in 2011 to help agencies and clients realise growth using the full value of digital. Yacine is specialised in building high-impact, scalable, cross-functional strategies and leading change across organisations. She has used her leadership skills leading multiple marketing teams and acting as an enabler between different organizations, cultures, and people. Yacine moved into her current position in 2015 as Product Marketing Manager for Northern Europe. She continues to facilitate digital high growth programs by acting as the strategic and operational lead of one of the biggest and most advanced digital marketing ecosystems in Europe, Middle East and Africa. Twitter: @yacinesamb TALENT BOOST SUMMIT 2018 IN TAMPERE 7.11.2018 MIRIAM HOLSTEIN is the CEO of Bayer Nordic, headquartered in Espoo, Finland. -
Unlocking the Value of the Platform Economy
Unlocking the value of the platform economy Mastering the good, the bad and the ugly November 2018 Foreword Everyone and everything is connected these days. This development has given rise to a new type of organization: digital platform organizations (hereafter simply: platforms) that provide digital infrastructures where individuals and organizations can find each other and coordinate their activities on a very large scale. These platforms add convenience, transparency and trust to all kinds of markets and ecosystems. And in the process, often creates a lot of new consumer welfare. The platform model is rapidly finding its way into a broader range of sectors, up the value chain into B2B markets and is increasingly driven by large incumbent companies. In the emerging platform economy, at first glance most platforms are “just an online store” (Amazon, Bol.com), “just a smart taxi service” (Uber) or “just a way to earn something on the side” (Deliveroo, Temper). In reality, such platforms operate as both orchestrators and regulators of multi-sided markets, where they set and enforce their own rules on how this market should function. There’s good and bad news in this: most rules help to make the market (much) more efficient, but many simultaneously increase the power of the platform over its users. And as platforms move to increasingly important aspects of our lives (from entertainment and shopping to our jobs, housing, healthcare, finances, mobility), their broader impact on the economy and society as a whole, as well as their broader future potential, are now becoming apparent. And while their negative impact on income security, antitrust, privacy and fake news is coming under intense public scrutiny, their positive effects such as their major contribution to consumer welfare seem to be going largely unnoticed. -
Making Innovation Work, First Edition
Praise for Making Innovation Work, First Edition “This is the book I wish I had read thirty years ago. Making Innovation Work is an important resource for leaders who are trying to improve innovation in their organizations. It’s crammed with examples and practical ideas that can trigger improvements in innovation, starting tomorrow!” —Lew Platt, Chairman of Boeing, former Chairman and CEO of HP, and former CEO of Kendall-Jackson Wine Estates “Davila, Epstein, and Shelton remind us that even if the end product is rocket science, the process need not be. To the contrary, tried-and-true practices of management, process, metrics, and incentives are all that it takes to let innovation happen consistently.” —Andrew Beebe, President, EnergyInnovations “Making Innovation Work is a fresh approach to systematically manag- ing innovation. It integrates the innovation management literature in a way that is insightful, creative, as well as pragmatic. Davila, Epstein, and Shelton have particularly fresh insights on learning, culture, leadership, and executing change. This book will be of great help to those managers leading innovation and change.” —Michael Tushman, Paul R. Lawrence MBA Class of 1942 Professor of Business Administration, Graduate School of Business, Harvard Uni- versity, and author of Managing Strategic Innovation and Change and Winning through Innovation “This impressive book offers specific techniques for driving systematic, repeatable, and managed innovation at all levels in your company. It will help you build a balanced portfolio that integrates both incremental and radical innovations—so you can sustain growth indefinitely, instead of flaming out.” —Guerrino de Luca, President and CEO, Logitech “Making Innovation Work provides an excellent roadmap to innova- tion: its various facets, why each facet matters, and how they can be enhanced—separately and collectively—in any organization. -
! Aalto University Design Factory in the Eyes of Its Community
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Aaltodoc ! Aalto University Design Factory in the eyes of its community Design Factory Research Team: Tua Björklund Maria Clavert Senni Kirjavainen Miko Laakso Satu Luukkonen Aalto University Design Factory in the eyes of its community A report of a study conducted by Design Factory Research Team: Tua Björklund Maria Clavert Senni Kirjavainen Miko Laakso Satu Luukkonen Published 15.12.2011 Aalto University Design Factory We wish to thank all the interviewed community members who gave us some of their precious time to share their stories, views, and insights on their experiences at the Design Factory. We are also grateful for the people who commented on and provided input for the work in progress. You know who you are. Thank You. Design Factory Research Team DFRT Summary This report concerns Aalto University Design Factory (ADF), one of the spearhead projects and first physical manifestations of Aalto University. ADF aims to be a platform for integrative interdisciplinary education, research and industrial collaboration, as well as a catalyst for a culture of experimental and problem-based education to promote better learning outcomes. Since opening its doors in November 2008, ADF has strived to achieve these by providing a non-hierarchical, constantly developing collaboration environment for students, teachers, researchers and business practitioners across hierarchical, professional, and disciplinary boundaries. At the time of the study reported here, the ADF platform has existed for three years, making the time ripe for reflection on how the key principles and ideas behind ADF have manifested themselves. -
Creating Growth Platforms Working to Deliver Sustainable Long-Term Revenue Growth Realizing Value Series
Creating growth platforms Working to deliver sustainable long-term revenue growth Realizing value series It is widely known organic growth is challenging, but well-rewarded. This is driven by one simple idea: organic growth is the best indicator of whether management has the necessary insight and judgment to make the best use of company resources. Growth platforms are a means to identify, prioritize and organize for growth. They are the potential business units or divisions of the future. Robert Browne Dr. Christoph Zinke KPMG in the UK KPMG in China Global Strategy Group Ronan Gilhawley Daniel Shaughnessy KPMG International KPMG in Australia KPMG in the US © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à- vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. Creating growth platforms 2 The importance of organic growth... …But the difficulties faced by organizations in delivering it. For some companies, their culture is to aim high for but perhaps also to further their own reputation and growth (and risk missing) rather than low, but perhaps career. more realistically. We frequently hear executives declare they “want to grow faster than the market”, a recent There is another fundamental problem, however, in example being an executive at a global luxury company that many companies simply don’t have a framework or that set a target to double the size of their business in process for growth. -
David Clough
June 2020 DAVID R. CLOUGH [email protected] · +1 604 822 5413 · www.davidrclough.com · @David_Clough1 2053 Main Mall, Vancouver, BC Canada V6T 1Z2 ACADEMIC POSITIONS Sauder School of Business, University of British Columbia 2017 – Assistant Professor Organizational Behaviour and Human Resources Division Entrepreneurship & Innovation Group RESEARCH INTERESTS Technology strategy, organization theory, organizational learning, social networks, entrepreneurship EDUCATION INSEAD 2012 – 2017 PhD in Management (Entrepreneurship & Family Enterprise Area) Dissertation: “Coordination and Interorganizational Networks in Innovation Ecosystems” Committee: Philip Anderson (Chair), Jason Davis, Henrich Greve, Henning Piezunka The Wharton School, University of Pennsylvania Fall 2013 Visiting PhD Student King’s College, University of Cambridge 2005 – 2009 BA, MEng in Manufacturing Engineering RESEARCH Publications Clough, D. R., & Piezunka, H. (2020). Tie Dissolution in Market Networks: A Theory of Vicarious Performance Feedback. Administrative Science Quarterly, Forthcoming. Clough, D. R., Pan Fang, T., Vissa, B., & Wu, A. (2019). Turning Lead Into Gold: How do Entrepreneurs Mobilize Resources to Exploit Opportunities? Academy of Management Annals, 13(1): 240-271. Conditionally accepted papers “Platform Diffusion at Temporary Gatherings: Social Coordination and Ecosystem Emergence” Tommy Pan Fang, Andy Wu, and David R. Clough. Conditionally accepted at Strategic Management Journal. Refereed ‘best paper’ conference proceedings “Untangling the Behavioral and Relational Antecedents of Learning Traps in Inter-Organizational Ties” David R. Clough and Philipp Reineke. (2017). In Guclu Atinc (Ed.), Proceedings of the Seventy-seventh Annual Meeting of the Academy of Management. “From Chicken-or-Egg to Platform Ecosystem: Mobilizing Complementors by Creating Social Foci” Tommy Pan Fang, Andy Wu, and David R. Clough. (2019). In Guclu Atinc (Ed.), Proceedings of the Seventy- ninth Annual Meeting of the Academy of Management. -
Recapturing the Perrigo Advantage
Recapturing The Perrigo Advantage Investor Day May 9, 2019 This information is confidential and was prepared by ACME Corp.; it is not to be relied on by any 3rd party without ACME's prior written consent Forward Looking Statements Certain statements in this presentation are “forward-looking statements.” These statements relate to future events or the Company’s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “would,” “should,” “expect,” “forecast,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential” or the negative of those terms or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company’s control, including: the timing, amount and cost of any share repurchases; future impairment charges; the success of management transition; customer acceptance of new products; competition from other industry participants, some of whom have greater marketing resources or larger market shares in certain product categories than the Company does; pricing pressures from customers and consumers; resolution of uncertain tax positions, including the Company’s appeal of the Notice of Assessment (the “NoA”) issued by the Irish tax authority and the Notice of Proposed Assessment (“NOPA”) issued by the U.S. -
Aligning HR to the CEO Growth Agenda
Aligning HR to the CEO Growth Agenda Compliments of Accelare Accelare is the leading provider of operating model design and management tools on the Microsoft Share- point platform. Accelare’s WhatFirst toolset provides the fastest, lowest cost and most effective environment for developing and managing a modern process or capabil- ity based operating model and using it to manage the performance of the organization. Visit us on the web at www.accelare.com or contact Richard Lynch at 781.961.1760 to learn more about the role capabilities play in core business fitness and growth. Aligning HR to the CEO Growth Agenda Donald L. Laurie & Richard Lynch hroughout much of the 1990s and early of the bottom line, has shifted to the top line. 2000s, CEOs were rewarded for cost Covering the views of 658 CEOs from more than reduction and cost containment. To 40 countries, the 2006 Conference Board’s Sixth compete in the global arena, Boards Annual Survey1 found that: Tdemanded dramatic improvement in efficiencies. In the United States, the top future challenges Companies such as General Electric, Motorola, will be how to sustain and generate steady and Allied Signal fueled the trend by reporting top-line growth. Profitable growth and product 10 times or higher ROIs from their Six Sigma innovation were also high up on the list. programs. With a clear focus on the bottom line CEOs based in Europe are most concerned and tantalizing ROIs, companies invested heavily with speed, flexibility, and adaptability to to get lean, outsource nonstrategic work, improve change, followed by profit growth and quality, and introduce better products. -
Increasing Investment in Priority Growth Platforms
2018 Investor Day Mike Roman Chief Executive Officer November 15, 2018 Today’s meeting highlights • Our 3M Value Model positions us to win • Four strategic priorities delivering value for our customers and shareholders • Portfolio management … more to do • Transformation … enhancing customer experience • Innovation … accelerating priority growth platforms • People and culture … developing and advancing • Balanced and disciplined capital allocation • Announcing new 2019 – 2023 financial objectives; previewing 2019 outlook 15 November© 3M 2018. All Rights Reserved. 2 Agenda 2018 Investor Day | Nov 15, 2018 The 3M Value Model Priorities Financial objectives 15 November© 3M 2018. All Rights Reserved. 3 The 3M Value Model VVision i s i o n Strengths Technology Manufacturing Global Capabilities Brand Priorities Portfolio Transformation Innovation People and Culture VValues a l u e s 15 November© 3M 2018. All Rights Reserved. 4 Our vision Vision Strengths Priorities Values 15 November© 3M 2018. All Rights Reserved. 5 Our strengths: the power of 3M Customer Insights Fundamental Strengths Customer First Customer Inspired Innovation Unique and differentiated value End-user focused Technology Manufacturing Global Capabilities Brand Vision Strengths Priorities Values 15 November© 3M 2018. All Rights Reserved. 6 Our priorities Delivering on our commitments for growth, value, and returns Portfolio Transformation Innovation People & Culture Fully leveraging our 3M Activating our Realizing the full potential Developing our people and value model transformation advantages of our innovation model advancing our culture Vision Strengths Priorities Values 15 November© 3M 2018. All Rights Reserved. 7 Our values Leadership Behaviors Play to win Prioritize and execute Foster collaboration and teamwork Develop others and self Innovate • Inclusion Act with integrity and transparency • Diversity Code of Conduct: Be 3M • Sustainability Be good • Respect, encourage, challenge Be honest Be fair Be loyal Be accurate Be respectful Vision Strengths Priorities Values 15 November© 3M 2018. -
The Finnish Venture Capital Market Performance and Development
Aalto University School of Science Master’s Programme in Industrial Engineering and Management Julia Jutila The Finnish venture capital market performance and development Master’s Thesis Helsinki, April 5, 2021 Supervisor: Markku Maula, Professor Thesis advisor: Matias Kaila, M.Sc., Suomen Teollisuussijoitus Oy (Tesi) AALTO UNIVERSITY SCHOOL OF SCIENCE INDUSTRIAL ENGINEERING AND MANAGEMENT Author: ABSTRACT OF MASTER’S THESIS Julia Jutila Title of the thesis: The Finnish venture capital market performance and development Number of pages: Language: 90 English Major: Major code: Strategy and Venturing SCI3050 Supervisor and instructor: Prof. Markku Maula Thesis advisors: Matias Kaila, Director of Fund Investments at Tesi The Finnish venture capital (VC) market and startup ecosystem are booming. 2019 was a record year in terms of the amount of funding Finnish startups attracted and the amount fundraised by Finnish VC funds. However, research on the financial performance and development of the Finnish venture capital market is scarce. For limited partners (LPs) and general partners (GPs) the lack of data can cause inefficient capital allocation. This study focuses on assessing the development and the financial performance of the Finnish venture capital market. The financial performance of the market is studied in terms of returns and their distribution, value development of companies after the initial investment and the effect of staging an investment on returns. The literature review provides background to the development of the Nordic VC market and benchmarks the Finnish VC market against other venture capital markets. The empirical analysis is done employing the Finnish Industry Investment (Tesi) database, with annual data from 2005 to 2019. -
Poland's Higher Education and Science System
Peer Review Poland’s Higher Education and Science system 1 Peer Review of Poland’s Higher Education and Science System European Commission Directorate-General for Research and Innovation Directorate A — Policy Development and Coordination Unit A4 — Analysis and monitoring of national research and innovation policies Contact (H2020 PSF Peer Review of Poland): Diana SENCZYSZYN, Coordinator of the Peer Review, Unit A4 - [email protected] Román ARJONA, Chief Economist and Head of Unit A4 - [email protected] Contact (H2020 PSF coordination team): Román ARJONA, Chief Economist and Head of Unit A4 - [email protected] Stéphane VANKALCK, PSF Head of Sector, Unit A4 - Sté[email protected] Diana SENCZYSZYN, PSF Team Leader, Unit A4 - [email protected] [email protected] European Commission B-1049 Brussels Manuscript completed in September 2017. This document has been prepared for the European Commission however it reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein. More information on the European Union is available on the internet (http://europa.eu). Luxembourg: Publications Office of the European Union, 2017 PDF ISBN 978-92-79-70766-7 doi: 10.2777/193011 KI-AX-17-011-EN-N © European Union, 2017. Reuse is authorised provided the source is acknowledged. The reuse policy of European Commission documents is regulated by Decision 2011/833/EU (OJ L 330, 14.12.2011, p. 39). For any use or reproduction of photos or other material that is not under the EU copyright, permission must be sought directly from the copyright holders.