This talk was given as part of the University of Cambridge Institute for Manufacturing (IfM) 'Manufacturing Thursday' seminar series. The aim was to stimulate discussion on the role of location on the successful implementation of open innovation. This topic is now being taken forward as a new research project at the Institute for Manufacturing.

1. What does 'open innovation' mean for the Cambridge high tech cluster? Tim Minshall

3. What is ‘ open innovation ’?

4. Research Development Commercialisation Market Focus Company Boundaries     

5. Research Development Commercialisation Core Market Focus Company Boundaries Products in-sourced (e.g. Co-branding) IP in-licensing IP out-licensing Technology Spin-outs Ideas & Technologies Docherty, M. (2006), Primer on ‘Open Innovation’: Principles and Practice, pdma (Product Development and Management Association) Vision (April 2006), pp.13-17. Chesbrough, H. (2003), Open Innovation: The New Imperative for Creating and Profiting From Technology, Boston: Harvard Business School Press.

6. How close do you want to be? Contract services Licensing (non-equity) Shared resources (non-equity) Partial acquisition controlling <50% Joint ventures Partial acquisition controlling >50% 100% acquisition Outsourcing Partnerships / alliances Mergers & acquisitions Increasing integration Adapted from Marqulis, M.S., P. Pekar Jr., (2003), The next wave of alliance formation. Forging successful partnerships with emerging and middle market companies. Los Angeles, Houlihan Lokey Howard and Zukin.

7. Is open innovation the answer to all our innovation problems? Source: The Economist, 13/10/07; Company websites

9. From: http://www.cambridgeconsultants.com/downloads/interface/44/open%20innovation.pdf http://www.gartner.com

11. Is ‘ open innovation ’ anything new?

12. 1965

13. “ Around the World in Eighty Days”, Jules Verne, p3

14. Are Cambridge firms implementing ‘ open innovation ’?

15. Start-ups and spin-outs Multinational corporations Consultancies

16. CDT / Sumitomo Chemical: P-OLED Technology Ecosystem Source: CDT Ltd IP & Technology Centre Manufacturing Development Centre PLED materials Polymer deposition Device physics Process equipment Manufacturing process Device electronics CDT Dow Chemical (USA) Covion (Germany) Sumitomo Chemical (Japan) Bayer (Germany) Melville Polymer Lab. (UK) Oxford University (UK) Litrex Corp. (USA) Toppan Printing (Japan) CDT Cavendish Lab. (UK) Tokki (Japan) Ulvac (Japan) OTB (NL) CDT Optics enhancement CDT Cavendish Lab. (UK) ST Microelectronics (France)

17. Start-ups and spin-outs Multinational corporations Consultancies

18. So what?

19. Technology Intelligence Role of Technology Intermediaries Alliance-based Business Models Skills Acquisition & protection Culture Metrics Make vs. Buy Collaborative NPI Open Innovation Implementation Today COIN

20. Cambridge Open Innovation Network (COIN)

22. How large firms implement open innovation

24. ?

25. With open innovation, ideas and partners can be anywhere ..

26. So why come to Cambridge to implement open innovation?

27. The Hauser Forum A Regional Centre for Enterprise and Open Innovation “The infrastructure for open innovation”

30. http://www.competitivite.gouv.fr/ http://tinyurl.com/y943d3d http://www.berr.gov.uk/whatwedo/regional/clusters/page39357.html

32. Philips & HiTech Campus Eindhoven

33. Unilever and Colworth Park

35. Keihanna Science City, Japan

36. Importance of ‘joining the dots’: across whole cluster www.erbi.co.uk www.cambridgenetwork.co.uk

37. Importance of ‘joining the dots’: within university www.enterprisenetwork.group.cam.ac.uk

38. Importance of intermingling

39. Provision of space to support serendipity, collaboration, networking The Hauser Forum

43. Summary Is it anything new? Cambridge connection? What is ‘open innovation’? An idea Interesting? What?

44. Location & open innovation Is this an interesting area? What should we focus upon?