Innovation 1918 - 2018Entrepreneural University For Science

Alar KolkPresident, European Innovation Academy

Vice Rector, Innovation & Internationalisation

Welcome to Tallinn University of Technology, Tallinn Tech!

We welcome students and

speakers from 30 countries!

• Innovation• Ideas, Trends

• Entrepreneurship

• Business Models

Teach in every decipline:

Change has changed... Gary Hamel

Technology change…

Who?Which new customer segments will emerge in the next 5 years?

YUPPIES

YUFFIES

MOBY/DOBY

WOOFS

SKIPPIES

SANDWICHERS Adults caught between caring their children and their older parents

School Kids with Income + Purchaing Power

Well Off Older Folks

Mom/Dad Older – Baby Younger

Young Urban Failures

Youg Urban Professionals

Customer & Idea Discovery

ARE YOU SOLVING THE RIGHTPROBLEM?

“If I were given one hour to save the planet, I would spend 59 minutes defining the problem and one minute resolving it,” Albert Einstein said.

Most firms are not and that undermines their innovation efforts…

Indeed, when developing new products, processes, or even businesses, most companies aren’t sufficiently rigorous in defining the problems they’re attempting to solve and articulating why those issues are important. Without that rigor, organizations miss opportunities, waste resources, and end up pursuing innovation initiatives that aren’t aligned with their strategies.

New Normal

New Standards

Japan Railways East Japan Water Business, installed in its railway stations vending machines for drinks. Not only does it serve drinks, it intelligently suggests and displays what your sex and age group buy via statistical data from its database. The "recognition" is about 75 percent accurate. The machine is armed with face and body recognition camera/software and WiMAX, the new 3.9G wireless communication allowing its operators to change the display to meet purchasers' profiles. It is evidence of how "suggestive selling" will become more intelligent and natural in all areas of our daily life.

Pistorius, a double-amputee who runs on carbon-fiber blades and whose fight to get to this point has often felt more like a marathon than a sprint.

New Normal

Usenix Security had a team of researchers use off-the-shelf technology to show how vulnerable the human brain really is. With an EEG (electroencephalograph) headset attached to the scalp and software to figure out what the neurons firing are trying to do, it watches for spikes in brain activity when the user recognizes something like one's ATM PIN number or a child's face.

New Normal

3D Print of your unborn baby: ultrasound image based

Towards Technological Singularity

Today this small

robot will make 56 000

pictures indside

me.

DEVELOP INTERDICIPLINARITY

Team marriage:• Find your team• Name your team• Signe it to the

hockey stick

Alar KolkPresident, European Innovation Academy

Innovation and Failure

http://www.innovationacademy4u.com

„Failure is an event not a

person”.

…and You need to practice Innovators’ Failure

Pitching!!!

Challenge Yourself @ European Innovation Academy!

Why 90% of new

products and

services fail…

Fail fast. Fail cheap. Fail early. Go out to fail.

Follow The Innovation F-word!

James Bond Innovation Challenge

Challenge Yourself @ European Innovation Academy Sessions!

• Rapid prototyping• Bullet speed problem solving• Master of high tech • Rival your competitors• Smooth operator & networker

Failure is simply the opportunity to begin again, this time more intelligently. Henry Ford

Bruce Lee - "Don't fear failure. — Not failure, but low aim, is the crime.

In great attempts it is glorious even to fail."

The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and

we reach it. Michelangelo

http://www.innovationacademy4u.com

Most businesses fail, so if you're going to succeed, it has to be about more than making money. Richard Branson

Team marriage:• Find your team• Name your team• Signe it to the

hockey stick

…and You need to practice Innovators’ Failure

Pitching!!!

Challenge Yourself @ European Innovation Academy!

Why 90% of new

products and

services fail…