R&DandcompanyperformanceDr.MScBertSadowskiTechnischeUniversiteitTUeEindhovenUniversity of TechnologyWhere innovation starts
R&D and company performance Dr. MSc Bert Sadowski
Innovative companies arejust related tomakesthesempanies innovative?innovativeentrepreneurs?5-Year5-Year AvgAvg.SaleNet IncomEnterprisRankGrowth(%)Value (sbil)CompanyGrowth (oo)mium1Salesforce.com78.720.739.575.1237.658.9Amazon.com32.092.73Intuitive Surgical36.457.613-443-44Tencent Holdings69.046.575-452.3Apple535.160.748.2303.46Hindustan Unilever10.04.015-547-7Google735.0138.137.144-98NaturaCosmeticos17.013-510.244-543.69BharatHeavyElectricals27.225.019.510Monsanto42.613.444.741-3Source:Forbes,2013Technische UniversiteitTUEindhoveneUniversity of Technology9/12/2013PAGE1EconomicsofInnovation2013
Innovative companies are just related to innovative entrepreneurs? Economics of Innovation 2013 9/12/2013 PAGE 1 Source: Forbes, 2013
AgendaWhatdoweknow!TheDiscussion:TechnologyPush/DemandPullTheCDM Model and the CommunityInnovationSurveyResultsoftheCDMmodelIntroductionintothedataandassignmentTechnischeUniversiteitTUEindhoveneUniversityofTechnology2Eda0iasofInnovation2013
Agenda • What do we know! • The Discussion: Technology Push/Demand Pull • The CDM Model and the Community Innovation Survey • Results of the CDM model • Introduction into the data and assignment 9/12/2013 Economics of Innovation 2013 2
What doweknow&whatdowedo notknowTechnische UniversiteitTUEindhoveneUniversityofTechnology9/12/2013PAGE3EconomicsofInnovation2013
What do we know & what do we do not know Economics of Innovation 2013 9/12/2013 PAGE 3
Key elements ofinnovative firmsNot allfirms areinnovatiye!Companiescanbeinnovativeindifferentwaysbasedon newcombinations!·Companies have differentforms of innovation(e.g.process,productand/ormarketing innovations)Companieshave different sources of innovation(e.g.buyers,suppliers,complementors).Probablytherearesomesectorswheretherearemoreinnovators.....(Generalpurposetechnologies>informationtechnologysectors)Technische UniversiteitTUEindhovenUniversity of TechnologyPAGE4EconomicsofInnovation20139/12/2013
Key elements of innovative firms • Not all firms are innovative! • Companies can be innovative in different ways based on new combinations! • Companies have different forms of innovation (e.g. process, product and/or marketing innovations) • Companies have different sources of innovation (e.g. buyers, suppliers, complementors) • Probably there are some sectors where there are more innovators. (General purpose technologies > information technology sectors) Economics of Innovation 2013 9/12/2013 PAGE 4