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Contents
Types and
patterns of Innovation National level of
Innovation management innovation
innovations

Innovation management: an introduction

The 4Ps of
importance innovation
of innovation

The study of Types of

innovation innovation
Chapter 1
Defintions of Disruptive
innovation innovation

Innovation,
invention and
creativity

Dr. Nguyen Thi Hanh Dr. Nguyen Thi Hanh

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Learning objectives
• Recognize the importance of innovation.
• Explain the meaning and nature of innovation management.
• Provide an introduction to a management approach to innovation.
"Innovation distinguishes
• Appreciate the complex nature of the management of innovation between a leader and a
within organizations. follower”
• Describe the changing views of innovation over time. Steve Jobs
• Recognize the role of key individuals within the process.
• Recognize the need to view innovation as a management process.

Dr. Nguyen Thi Hanh Dr. Nguyen Thi Hanh

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Market leaders in 2015

The importance of innovation
Industry Market leaders Innovative new products and services
Bill Gates confirmed in 2008: Smart phones Samsung; Apple Design and new features
“The share price is not something we control. We control Internet-related Google; Facebook New services
innovation, sales and profits.” industries
Pharmaceuticals
(Rushe and Waples, 2008) Pfizer; GlaxoSmithKline Impotence; ulcer treatment drug
Motorcars Toyota; BMW; Tesla Car design and associated product
developments

Computers and software Intel; IBM and Microsoft; Computer chip technology, computer
development SAP hardware improvements and software
development

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The importance of innovation World’s most innovative companies

2019 Company Innovation activity
Rank

• Innovation management is not exclusively associated with 1 Alphabet/Google Google’s expertise in artificial intelligence (AI) and machine learning (ML).

products 2 Amazon using AI in its retail business, has pioneered voice recognition technology (Alexa) and
platform-based services (Amazon Web Services).
• New ways of doing business in service sector 3 Apple pioneer voice recognition software (Siri) and provided a premier virtual workplace for app

• Innovation management involves change, particularly developers with its iOS platform.
4 Microsoft provider of AI and platform-based services.
technological change 5 Samsung Has become the dominant smartphone producer in the world.
• Sometimes this involves product, service and process changes 6 Netflix World leader in streaming content and production of content.

• The level of change is an important dimension 7 IBM A world leader in cloud technology and open source technology.

8 Facebook Uses its network effects to generate advertising revenue.

9 Tesla Pioneer in electric vehicle technology.

10 Adidas Has become the sports brand of choice across the world and has been able to challenge Nike.
Source: https://www.bcg.com/en-gb/publications/2019/most-innovative-companies-innovation.aspx

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Nineteenth-century economic development

fuelled by technological innovations What is innovation?

• The word ‘innovation’ comes from the Latin, innovare, and is

all about change.

• Perhaps a more helpful definition of innovation is:

‘the process of creating value from ideas’

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What is innovation? Various definitions

Central organizations

It is the responsibility of the innovation manager to form consensus on the

definition.
OECD, 2005

The implementation of a new or significantly improved product (good or

service) or process, a new marketing method, or a new organizational
method in business practices, workplace organization or external
Merriam-Webster’s dictionary
relations.
ISO, 2017
New or changed entity, realizing or redistributing value.
Melissa Schilling (2019) innovation - The practical implementation of an
idea into a new device or process.

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What is innovation ? Pause for thought

• Apple’s iPhone looks set to be as successful as the iPod, but
Invention & innovation
Apple has experienced similar success before with its Apple
Innovation = conception + invention + exploitation Mac computer and eventually lost out to Microsoft. Will
history repeat itself?
Source: Henry and Walker (1991)

Innovation is not a single action but a total process of interrelated

sub processes. It is not just the conception of a new idea, nor
the invention of a new device, nor the development of a new market.
The process is all these things acting in an integrated fashion . . . .
Myers and Marquis (1969)
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Toyota invests in flying car

Innovation in action
Toyota is making its first big bet on the airborne urban mobility • A $900 shop
market of the future by investing $394 million in Joby Aviation, a • Looking to build a new office or shop? How about adopting
the ultimate in recycling – a building made out of stacked
California-based company that has developed a four-passenger, shipping containers?
battery-electric vertical take-off and landing aircraft. • It is generally too expensive to ship an empty container
back to its point of origin so there are thousands of them
sitting in docks around the world. They are strong,
stackable and cost as little as $900.
Will this move help Toyota leapfrog Tesla? • The Dordoy Bazaar in Bishkek, Kyrgyzstan is one of Asia’s
largest markets. It stretches for more than a kilometre and
is almost entirely constructed from empty shipping
containers stacked two high. Its success has been copied
around the world: in 2011 Boxpark Shoreditch – London’s
first pop-up shopping mall made completely from shipping
containers – opened.
Source: andrey_l/Shutterstock

Source: Tovey A (2020) The flying car in front is a Toyota with £300 million finding. Business, p.3, Daily Telegraph, 17 January.`

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Innovation, invention, creation Innovation, invention, creation

Content definition
Creation New ideas are given to solve some problem, or the result of artistic
activity.
Innovation Innovations that add value to new products or services, new Creation Invention Innovation
methods, or the development of entirely new things. The common
point is that these products and services are commercialized or
made and create value for money
Invention The research and creation of completely new and groundbreaking
products, services or processes, the results of which are often
prototypes and have not yet been commercialized.

ThS. Nguyễn Thị Hạnh ThS. Nguyễn Thị Hạnh

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Innovation, invention, creation Innovation, invention

Are innovative innovations, They are These are inventions that have not
breakthroughs developed from commercialized been put into practice or widely
old products, or creations that are inventions and commercialized to the market, and
not protected by IP. practical are often the result of scientific
applications research.

Creation Innovation

Inventi
on

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Innvention and innovation

Invention Innovation

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Creativities and innovation Creativities and innovation

Creativities innovation
“Imagination” – “Implementation” –
Creating ideas Turning ideas to products
uncountable countable
No risk Risky Bread change languae Google translate
Uncosted costed

3D printing

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Innovation, invention and creation Degrees of innovation

Incremental and radical innovation
Criteria Creation Invention Innovation
Degrees of sustaining innovation.

1 Creativity is new ideas Create new things that Create new Ø Incremental innovation: đổi mới cải tiến
that can be have never existed in products/services/methods ØJust above “improvement”.
communicated, useful the world ØStill needs to be newsworthy,
and attractive
have technical height and
2 New ideas, Hard to Breakthroughs are Is the realization of ideas industrial application.
visualize and clarify clearly shown through into useful products, or the
ØBuild on short cycles.
drawings, prototypes commercialization of
inventions Ø Radical innovation: đổi mới đột phá
3 Based on creative thinking Based on scientific Based on strategic, ØLooks further to the future.
skills research skills marketing, technical, ØSkips several incremental steps.
creative skills. ØHigher risk.
4 Ideas Money ->Thịideas
ThS. Nguyễn Hạnh Ideas -> money

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VD về đổi mới duy trì:
- Google nâng cấp thuật toán để hoàn thiện hoá công cụ tìm kiếm
- Yamaha ra đời công nghệ Blue core giúp tiết kiệm nhiên liệu hơn
- Apple ra mắt thế hệ Iphone đời mới.

phân loại theo mức độ đổi mới

Degrees of innovation Degrees of innovation
Ø Sustaining innovation: đổi mới duy trì Sustaining and disruptive innovation Exercise!

ØBuilds on existing infrastructure.

ØFollows the expected path. Sit two-and-two. Consider as many
ØAppeals to existing market sustaining and disruptive
segments. innovations as you can.
ØAre market driven.
For sustaining innovations, divide
Ø Disruptive innovation: siêu đổi mới them into incremental and radical
ØReplaces old technology with innovations. Timeframe: 15 min.
Presentation will be done from
new.
For each response motivate why you spectator position.
ØRequires new infrastructure.
think it belongs to that category.
ØCreates new markets.

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Dimensions of innovation – what can

we change?
Incremental ß-à Radical
Dimension Type of change

‘Product’ đổi mới sp/dv Changes in the things

(products/services) which an
Dimensions of organization offers

innovation Component and system ‘Process’ đổi mới

quy trình
Changes in the ways in which these
offerings are created and delivered

‘Position’ đổi mới Changes in the context into which the

thị trường/ products/services are introduced

Architectures, platforms and khách hàng

‘Paradigm’ đổi mới

Changes in the underlying mental

systems quy mô
models which frame what the
organization does

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Scope for innovation Examples of the 4Ps

model: Product
‘Product’ Windows 7 and 8 replacing Vista and New to the world software – for
XP – essentially improving on existing example the first speech recognition
– what we offer the software idea program
world
New versions of established car Toyota Prius – bringing a new concept
models – e.g. the VW Golf essentially – hybrid engines. Tesla – high
improving on established car design performance electric car. LED-based
lighting, using completely different and
more energy efficient principles
Improved performance - Spotify and other music streaming
incandescent light bulbs services – changing the pattern from
CDs replacing vinyl records – owning your own collection to renting
essentially improving on the storage a vast library of music
technology

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Examples of the 4Ps Examples of the 4Ps

model: Process model: Paradigm
‘Paradigm’ Bausch and Lomb – moved from ‘eye wear’ to ‘eye Grameen Bank and other microfinance
‘Process’ Improved fixed line telephone Skype and other VOIP systems care’ as their business model, effectively letting go models – rethinking the assumptions
services On-line share trading – how we of the old business of spectacles, sunglasses about credit and the poor
- how we create Extended range of stock broking eBay frame what (Raybans) and contact lenses all of which were iTunes platform – a complete system of
we do becoming commodity businesses. Instead they personalized entertainment
and deliver that services Toyota Production System and
moved into newer high tech fields like laser Cirque de Soleil – redefining the circus
offering Improved auction house other ‘lean’ approaches surgery equipment, specialist optical devices and experience
operations Online banking and now mobile research in artificial eyesight Amazon, Google, Skype – redefining
Improved factory operations banking in Kenya, Philippines – Dyson redefining the home appliance market in industries like retailing, advertising and
efficiency through upgraded using phones as an alternative to terms of high performance engineered products telecoms through online models
Rolls Royce – from high quality aero engines to Linux, Mozilla, Apache – moving from
equipment banking systems becoming a service company offering ‘power by passive users to active communities of
Improved range of banking On line shopping the hour’ users co-creating new products and
services delivered at branch IBM from being a machine maker to a service and services
banks solution company – selling off its computer making
Improved retailing logistics and building up its consultancy and service side.

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Examples of the 4Ps

model: Position Types of Innovation
‘Position’ HaagenDazs changing the target Addressing underserved markets – for example
market for ice cream from children the Tata Nano aimed at emerging but relatively
– where we to consenting adults poor Indian market with car priced around $2000.
• Product vs Process Innovation
target that Airlines segmenting service offering Low cost airlines opening up air travel to those – Product innovations are embodied in the outputs of an organization – its goods or
offering and the for different passenger groups – previously unable to afford it – create new market services.
story we tell Virgin Upper Class, BA Premium and also disrupt existing one
about it Economy, etc. Variations on the ‘One laptop per child’ project – • Ericsson’s development of 3G wireless networks and network services
Dell and others segmenting and e.g. Indian government $20 computer for schools – Process innovations are innovations in the way an organization conducts its
customizing computer configuration University of Phoenix and others, building large business, such as in techniques of producing or marketing goods or services.
for individual users education businesses via online approaches to
On line support for traditional higher reach different markets
• Improving the effectiveness or efficiency of production – reducing defect rates,
education courses ‘Bottom of the pyramid’ approaches using a increasing quantity produced in a given time
Banking services targeted at key similar principle but tapping into huge and very – Product innovations can enable process innovations and vice versa.
segments – students, retired people, different high volume/low margin markets –
etc. Aravind eye care, Cemex construction products

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Product vs. Process Innovation Types of Innovation

• New processes may enable the production of new products • Radical vs Incremental Innovation
– A new metallurgical technique enabled the development of the bicycle
chain which in turn enabled the development of multiple-gear bicycles – Incremental innovations may involve only a minor change from (or
adjustment to) existing practices.
• New products may enable the development of new processes
– The development of advanced workstations enabled the implementation of – The radicalness of an innovation is relative; it may change over time or with
computer-aided-manufacturing processes that increase the speed and respect to different observers.
efficiency of production • digital photography a more radical innovation for Kodak (chemical photography
• What is a product innovation for one organization might be a expertise) than for Sony (electronics expertise).
process innovation for another
– UPS created a new distribution service (product innovation) that enables its
customers to distribute their goods more widely or more easily (process
innovation)
Types & Patterns of Innovation 37 Types & Patterns of Innovation 39

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Types of Innovation Types of Innovation

• Radical vs Incremental Innovation
– The radicalness of an innovation is the degree to which it is new and
different from previously existing products and processes.
• Radicalness is also defined in terms of risk
– 3G wireless technology required
» Investment in new networking equipment and infrastructure
» Development of new phones greater display and memeory capabilities as
well as a stronger battery and/or better power utilization
» Degree of user acceptance of the technology was unknown
• Competence-Enhancing vs Competence-Destroying Innovation
– Competence-enhancing innovations build on the firm’s existing knowledge base
• Intel’s Pentium 4 built on the technology for Pentium III.
– Competence-destroying innovations renders a firm’s existing competencies
obsolete.
• Electronic calculators rendered Keuffel & Esser’s slide rule expertise obsolete.
• HP and TI thrived as they had existing competencies in the electronic
components needed in electronic calculators.
– Whether an innovation is competence enhancing or competence destroying
depends on the perspective of a particular firm.

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Types of Innovation Ten types of innovation

• Architectural vs Component Innovation 1. Profit model. How we make our money.
– A component innovation (or modular innovation) entails changes to one or more 2. Network. How we collaborate to create value.
components of a product system without significantly affecting the overall design. 3. Structure. How we organize ourselves and our assets.
• adding gel-filled material to a bicycle seat 4. Process. How we use leading methods to conduct our work.
– An architectural innovation entails changing the overall design of the system or 5. Product performance. How we develop extraordinary functionality.
the way components interact. 6. Product system. How we create complimentary products and services.
• transition from high-wheel bicycle to safety bicycle. 7. Service. How we support and enhance our offering.
– In the 1800s, the front wheel of a bicycle has a very large circumference in order to provide speed; gears did 8. Channel. How we deliver the offering to our customers.
not exist yet
– When gears and chains were invented, the bicycle took on a whole new design
9. Brand. How we represent our offering and our organization.
– Most architectural innovations require changes in the underlying components
10.Customer engagement. How we stimulate continuous interactions.
also. • The most innovative solutions try to combine more or all of the different types.

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Ten types of innovation

Ten types of innovation Exercise!

1. Sit in small groups of 2-3 people. Think

There are many ways to divide innovations by type, but one of the most well through the Ten Types of Innovation and
known ways is the Ten Types of Innovation. In that specific model innovation is
describe an example of one innovation of
divided into three perspectives:
each type.
1. Configuration – The internal process.
2. Offering – The solution the customer is receiving. 2. Think about and discuss a new
3. Experience – The customer’s experience from using the solution. innovation of each type. This is
something YOU come up with. (It does not
have to be realistic.) Timeframe: 20 min.
Only spontaneous presentations.
3. Consider an innovation that utilizes three or
more types to create a truly unique offering.

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Why innovation? Why is innovation important?

Why do we really need innovation? The historical development
Ø The term ”innovation” first appeared in the 14th century and then referred to
Why are we not just satisfied with existing solutions? ”new things”.
Ø It comes from the latin ”in” (eng: into) and ”novare” (eng: novelty) that put
Because to drive a successful business one must consider changing needs and together means approximately ”introducing novelty”.
requirements, varying future trends and maximize opportunities.
Ø The first appearance in a dictionary was 1755 as ”Innovation: change by the
introduction of novelty”.
Ø Before the 18th century innovation was mainly considered a negative. It
represented change, but the church and the government wanted stability.
Ø The major change came with the French revolution aler which change began to be
a positive.
Ø Soon innovations such as the steam engine, the railroad, and the telephone was
introduced.

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Why is innovation important? Why is innovation important?

Today’s situation
The development from the early 20th century until today.

The macro economic development post the entry of industrialism. Portofolio 2 Portofolio 3 Portofolio 4
1900 – 1940 1940 – 1970 1970 – 2000 2000 –
70%top three 97%a top priority #1and #2top #1highest priority
Mass production Mass consumption Quality Innovation
priority priorities

2013: According to 2015: According to 2017: According to

2008: According to
PWC 97% of global Gartner growth and KPMG growth by
McKinsey 70% of
CEO:s say that technology-driven innovation is the most
senior executives
innovation is key highly prioritized area in
consider innovation a innovation is a top
business focus.*** the upcoming three
top three priority for priority for their
years. But also the
market growth.* business.**
* McKinsey Quarterly January 2008. ** PwC CEO Survey 2013.
biggest obstacle. ****
*** Gartner 2015 CEO Survey. **** KPMG CEO Outlook 2017.

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Why is innovation important? Innovation Kondratieff wave

Today’s situation

• At the same time these results are presented::
ØMore than 50% of firms are dissatisfied with the financial results of their
innovation investments.
ØOnly 23% of the firms have an formalized commercialization process for
innovations.
ØThe biggest obstacles for successful innovation is the lack of internal
coordination.
• The first wave: 50 years from 1780 to 1830: The emergence of the steam
engine and industrialization -
• Second Wave: 50 years from 1830 to 1880: The advent of railroads, and
heavy industry
• The third wave: 50 years from 1880 to 1930: The emergence of electricity,
chemistry and the chemical industry
• Fourth wave: 40 years from 1930 to 1970: emergence of automobile
technology, mass production, petrochemical industry
• Fifth Wave: 40 years from 1970 to 2010: the emergence of computers,
information and communication technology
• 6th wave: from 2010 to ?: trends in Nanotechnology, biotechnology and
Health
Dr. Nguyen Thi Hanh

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Innovation Kondratieff wave

• The Kondratieff wave or long wave cycle is a theoretical long-
term cycle from an economic boom to a recession over a
period of approximately 60 years, and short-term cycles are
superimposed on it.
• Marked by important inventions of the period, and these
inventions created a strong impetus for the economy for
decades.
• Each wave usually lasts 50-60 years (+/- 1 year or more).

Dr. Nguyen Thi Hanh Dr. Nguyen Thi Hanh

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Kondratieff waves of growth and their main features

Dr. Nguyen Thi Hanh

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Regulation required for e-scooters

Regulation required for e-scooters

At present electric scooters in the UK are not legal in the UK cycle
lanes. Whereas in France, Germany and Spain they are legal. E-
scooters cost between £300 and £1,500 and they typically have a
top speed between 15 and 24mph. Manufacturers are waiting for
regulators in the UK to decide on the regulations necessary to
make these scooters able to use UK cycle lanes. Across Europe
there are concerns about the increasing number of accidents
involving e-scooters travelling at high speed and colliding with
pedestrians. This is the main reason why UK regulators have been
cautious.

Source: Robert Watts (2020) E-scooters are the future – they just need to be legal, The Sunday Times,
5 January. OPOLJA/Shutterstock

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Source: Reproduced and adapted from Dicken, P. (1998) Global Shift: Transforming the World Economy, Paul Chapman, London (a Sage Publications company); Freeman, C. and
Soete, L. (1997) The Economics of Industrial Innovation, 3rd edn, Pinter, London (Cengage Learning Services Ltd).
Source: Reproduced and adapted from Dicken, P. (1998) Global Shift: Transforming the World Economy, Paul Chapman, London (a Sage Publications company); Freeman, C. and
Soete, L. (1997) The Economics of Industrial Innovation, 3rd edn, Pinter, London (Cengage Learning Services Ltd).

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Could Covid-19 affect the 6th innovation wave?

• Reward: Winner team + 2 points, other team +1 point
• Method: debate between two groups
• Pick two teams: 5 student each group
• Step 1: 15 min preparation for each group.
• Step 2: Random pick to start, debate in 15 min
– Each group have 2 min to show their opinion; then debate start (in 10
min).
• Step 3: Debrief from teacher
• Step 4: Vote for winner
Source: Reproduced and adapted from Dicken, P. (1998) Global Shift: Transforming the World Economy, Paul Chapman, London (a Sage Publications company); Freeman, C. and
Soete, L. (1997) The Economics of Industrial Innovation, 3rd edn, Pinter, London (Cengage Learning Services Ltd).

Dr. Nguyen Thi Hanh

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Debrief The roles of government in innovation

• Time of wave in the past is nearly 50 year. Would it be shorten Innovator

NHS Covid-19 App
by covid-19?
• Economics was changed to adapt with market need. Could
covid-19 affect to customer behavior and market need? Customer Government Researcher

Military labs

Regulator
Lead user and policy
Public procurement maker
Innovative products and services E-scooters?
SMEs

Dr. Nguyen Thi Hanh

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Refferences Innovation Ecosystem

• Roper, S., & Turner, J. (2020). R&D and innovation after COVID-19: What can we expect? A
review of prior research and data trends after the great financial crisis. International Small
Business Journal, 38(6), 504-514.
• Kurki, S., & Wilenius, M. (2022). The Future of Work in the Sixth Wave. In Digital Innovation
and the Future of Work (pp. 17-39). River Publishers.
• Klepka, M. (2020). The theory of innovation cycles as a guideline for Mazovia in the fight
against recession caused by COVID-19. MAZOWSZE Studia Regionalne, (33), 27-38.
• The future work of 6th wave.
https://www.taylorfrancis.com/chapters/edit/10.1201/9781003337928-2/future-work-
sixth-wave-sofi-kurki-markku-wilenius
• Investigation of Factors Affecting COVID-19 and Sixth Wave Management Using a System
Dynamics Approach, https://www.hindawi.com/journals/jhe/2022/4079685/
• Silva, G., & Di Serio, L. C. (2016). The sixth wave of innovation: Are we ready?. RAI Revista de
Administração e Inovação, 13(2), 128-134.

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What is Vietnamese goverment doing now to foster

Start-up Ecosystem
The Vietnam’s startup ecosystem?
• Mission: the start-up nation (2017)
• National project 844: "Support for a National Start-up Ecosystem to 2025” – Signed by
Vice Prime Minister in 18/05/2016.
• FIRST - "Fostering Innovation through Research, Science and Technology” – 2013-2019
ü Project: “Silicon Valley Ecosystem in Viet Nam‟ on June 4, 2013 - Ministry of Science and
Technology
• The National Technology Innovation Fund ( NATIF) was founded by the Decision No.
1342/QD-TTg, dated August 5, 2011 of Prime Minister on establishing National Technology
Innovation Fund.
• Many collaborative project between goverment and other countries: IPP, SECO.

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VIETNAM STARTUP ECOSYSTEM

Start-up Ecosystem Canvas Accelerators Co-Working Space Government created by Corporate

Start-up Ecosystem Canvas - a framework for local

startup leaders to map out their community. Seed

Events
=> To promote collaboration in startup communities
and help aspiring entrepreneurs see the resources
available to them
Series A and Series B
Venture Capital Funds

Community & Media

Adeo Ressi
CEO and Founder of the Founder Institute Corporate Buyers
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VIETNAM STARTUP ECOSYSTEM – IDEA PHRASE VIETNAM STARTUP ECOSYSTEM – LAUNCH PHRASE
1. IDEA
1. Inspire 2. Educate 3. Validate
Startup Media: Best Practices: Team Formation: 3. GROWTH
Centralized local info, listings, news Beginner knowledge-sharing events Resources & events for teaming up
Action.vn Uni-DHBK HCM Connecting Viet Youth: Innovation Marathon
Techinasia Uni-VNUHCM AIESEC 1. Recognition 2. Funding 3. Growth
Investor Networking: Angels / Micro-VCs Infrastructure:
Dealstreetasia Uni-SPKT
Connect founders & prof. investors Seed-stage investors Office space, HR, insurance & more
Launch (FB) PTI
Tim ban khoi nghiep (FB) ILO (SIYB)
ICTnews khoi nghiep KisStartup Angel4us Vietnam Startup Foundation (VSF) - from VSV
Bao tuoi tre khoi nghiep FTU Hatch!Angel
Tinhte.vn BSA Angel Investor Network
http://khoinghiep.org.vn/ Iangel

Inspirational Events: Training & Feedback: Build First Product: Major Media: Venture Capitalists: Expansion:
Open, inclusive beginner events Skill & idea development programs Hackathons & resources to build Mainstream local business press Series A and beyond Growth accelerators/consultants
Techfest vietnam IPP Community workshops Angel Hack Vietnam
IDG Ventures
Đại hội Startup SHIELD Community workshops Fablab Saigon
CyberAgents Ventures
Barcamp Vietnam
Lotus Impact
Mobile Day Vietnam
Forbes startup contest FPT Venture Capital Fund
Tigers@Mekong Summit
Crowdpitch Agriculture
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VIETNAM STARTUP ECOSYSTEM – LAUNCH PHRASE

2. LAUNCH
OUTSTANDING STARTUPS
1. Start 2. Develop 3. Launch
Establish: Formalize: Seed Accelerators:
Law firms & banks for startups Accounting, Dev & HR Seed funding mentor programs
Internshipnetwork.org BecamexTIC
US $1 billion US $75 million - $150 million US $10 million - $30 million
Vietnam Silicon Valley Project
IDT Vietnam
5Desire
BKHolding
FIIS - FTU
Workspace: Prepare for Seed: Pitch & Demo:
Co-working and flexible workspaces Incubators & advanced mentorship Show startups for seed investment
Hub.IT Quang Trung Software Business Incubator Hatch Fair
Hatch's To14 Saigon Hightech Park Incubation Center VSV Demo Day
Toong Co-working Space SPARK Vietnam IPP Demo Day
Up Co-working space CSIP Vietnam
Coffice SME mentoring network
Dreamplex
SIHub
Start
WORK Saigon
Citihub

TheVentures
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AND MORE… OUTSTANDING STARTUPS FROM FTU

…
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Fostering Innovation and Start-ups at FTU Creativity

• FTU Innovation and incubation space - FIIS
• FTU curriculum: E&I curricular
• FTU student program: FBA innovation challenge, FTU Student
mentoring program

74 Dr. Nguyen Thi Hanh

74 76

37 38