January 2008

Innovation Across Borders

Innovation and Trade in Emerging and Developing Countries

February 24, 2011

Innovation in India

Why India? Largest Democracy Country for Global Growth Low WEF rankings

Innovation in India Death of Outsourcing Decade of Innovation: 2010 - 2020 National Innovation Council

International Patent Filings

US44,855

Canada 2,707

China 12,337 India

1,109 Russia 560 Brazil 442Source: World Intellectual Property

Organization

January 2008

Some Examples of Innovation in India

Traditional – Green Revolution, Dabbawalas, Amul

Contemporary – Nano, shaadi.com, “Low Cost” solutions, medical tourism

Process – Missed Call, Recycling, SKS Microfinance, EMRI

Product – Cell phone with flashlight, Home based water filtration, inverters, battery powered refrigerator

January 2008

Issues affecting Innovation

Business was dirty word, until recently Low R&D Spending in firms and universities Lack of:

Seed Capital Incubators Mentors Success Stories

Issues in dispute resolution

January 2008

Opportunities for Canadian SMEs

Large market but no easy success Develop “Low Cost” solutions to products Leverage technical manpower Engage diaspora Learn from Canadian success stories

Resources for Innovators

TiE Mentoring – fostering entrepreneurship through 1,300 charter members

TiE India Initiatives – seminars on Doing Business in India in collaboration with the Consulate General of India in Toronto

TiE Entrepreneurial Forums – showcase entrepreneurs who have achieved an exit to learn from their pains and pleasures.

AMERICASTiE ArizonaTiE AtlantaTiE AustinTiE BostonTiE CarolinasTiE DallasTiE DCTiE DetroitTiE FloridaTiE HoustonTiE MidwestTiE MinnesotaTiE New JerseyTiE OhioTiE Orange CountyTiE OregonTiE OttawaTiE PittsburghTiE RockiesTiE San DiegoTiE SeattleTiE Silicon ValleyTiE SoCalTiE TorontoTiE TristateTiE Vancouver

SOUTH EAST ASIA & AUSTRALIATiE MelbourneTiE SydneyTiE DubaiTiE MalaysiaTiE MauritiusTiE SingaporeTiE Tokyo EUROPETiE BrusselsTiE ManchesterTiE NordicTiE UK

SOUTH ASIATiE AhmedabadTiE BangaloreTiE ChandigarhTiE ChennaiTiE CoimbatoreTiE DelhiTiE HubliTiE HyderabadTiE IslamabadTiE KarachiTiE KeralaTiE KolkataTiE LahoreTiE MumbaiTiE NagpurTiE PatnaTiE PuneTiE RajasthanTiE UP

TiE is in 56 cities across the globe.

TiE Network

TiE: Talent, Ideas and Enterprise

TiE, The Indus Entrepreneurs, is the largest global not-for-profit network of entrepreneurs and professionals

TiE’s mission is fostering entrepreneurship

Founded in 1992 in the Silicon Valley, TiE today has over 16,000 members across 56 chapters across the globe

Over 400 regular members and 67 charter members in GTA

Reasons for Success

2500+ experienced entrepreneurs and business leaders

Singular focus on entrepreneurship, irrespective of politics and religion

Inspires and educates budding entrepreneurs

Provides role models and 1-on-1 mentorship

30%

15%

14%

6%

7%

30% IT ServicesHealth CareClean TechTelecomLifestyleOthers

Type of Innovative Projects

KR Golf Solutions

TiE Success Stories