2. The Innovation Ecosystems Network (IEN) brings together an
international interdisciplinary team that seeks to develop and
diffuse novel data and tools for understanding the catalytic impact
of regional ICT experiments.
http://www.innovation-ecosystems.org
3. Structure of the presentation
⢠Background of Analysis of Innovation
⢠Proposed Framework
â Data-driven
â Data Mining and Analysis
â Visualization
⢠Cases
â Regional
â Sectoral
â Gender
â University
⢠Discussion
4. Innovation takes at least two.
Team skills are required.
There are winners and loosers.
Although people can communicate anywhere,
anytime, itâs difficult for anyone to have all the
insights necessary at any one time for major
decisions on the complex global issues
6. Research Problem/Questions
Theme: How can data-driven visual social network analysis
provide insights to catalyze innovation ecosystems?
We look for insights that can be used to:
⢠Identify and empower influential activate the evolution of the ecosystem
⢠Develop and implement programs (meetings, funding, initiatives) to foster
co-creator networks
⢠Communicate complexity to co-create vision
⢠Measure the transformation of an innovation ecosystem
How do co-creation networks enable local/regional ROI on
innovation investments made for globalization?
Work in progress!
Collaboration is invited!
www.innovation-ecosystems.org
7. Models of innovation
Economic Innovation
(producer innovation)-
Schumpeter 1934
End-user Innovation-
von Hippel 1986
Strategic
Innovation- Hamel
and Prahalad 1994
Open innovation-
Chesbrough 2003
Collaborative
Innovation
Networks- Gloor
2005
8. The Way We USED to Think About Organizations New Organizational Chart Based on Relationships
Relationship-Focused Co-Creation Infrastructure
(Visual) Social Network Analysis
â. . . allows investigators to gain new insights
into the patterning of social connections, and it
helps investigators to communicate their results
to others.â (Freeman, 2009)
Infrastructure for Resource Flows
- - - Relationships
(Companies are interlocked
through key people â
information flow, norms,
mental models.(Davis,1996)
9. Relationship Interlocks
⢠Executives and key employees
â Transfer of technologies and knowledge, professional networks, business
culture, value-chain resources
⢠Directors
â US Fortune 500 firms interlocked (shared directors) with average 7 other firms
⢠Corporate governance embedded and filtered through social structures
â Executive compensation, strategies for takeovers, defending against takeovers
⢠Gerald F. Davis, âThe Significance of Board Interlocks for Corporate Governance,â Corporate Governance 4:3, 1996
⢠Investors and service providers
â Awareness of external forces, competitive insights, resource leverage
⢠Relationship interlocks provide
â Social relationship âfilterâ for governance, information flow & norms
â Transfer of implicit and explicit know-how
â Mental models
11. Social Roles in Social Media
Journal of Social Structure
âVisualizing the Signatures of Social Roles in Online Discussion Groupsâ
http://www.cmu.edu/joss/content/articles/volume8/Welser/
⢠Answer person
â Outward ties to local isolates
â Relative absence of triangles
â Few intense ties
⢠Reply Magnet
â Ties from local isolates often inward only
â Sparse, few triangles
â Few intense ties
ď§ Discussion person
ď§ Ties from local isolates often inward only
ď§ Dense, many triangles
ď§ Numerous intense ties
13. Archetypes of Social Business
Design
⢠Ecosystem â a community of
connections
⢠HiveMind â a socially
calibrated mindset of
individuals
⢠Dynamic Signal - the constant
multi-faceted means of
collaboration
⢠Metafilter- a method of
finding signals in vast amounts
of noise
18. IEN Dataset
Martha
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
Updated quarterly with rapid growth each quarter
20. New Data & New Tools
Accessing Data Streams about Innovation Building a Dataset on Innovation
Crystallisation Through Visualisation The Card-Mackinlay-Shneiderman visualisation
reference model:(Card et al., 1999; Miksch, 2005)
23. Tan,Steinbach,Kumar;2004
âThere is no data like more dataâ
(Mercer at Arden. House, 1985)
2,000 points 500 Points8,000 points
âThere is no data like more dataâ
(Mercer at Arden. House, 1985)
25. Easy, fast integration, using APIs and data sources to
produce results that were not the original reason for
producing the raw source data [wiki].
25
Mashup
27. Place of innovation
Localized concentrations -
Marshall 1890
Menlo Park (Research Park) 1948, Stanford Industrial Park 1951,
Research Triangle Park 1959
Clusters- Porter
1998, Saxenian
1994
Regional
Innovation
Systems-
Metcalfe 1995
Innovation
Cluster- Yim
2008, 2002
28. .
Technology-based companies - worldwide, Dec 2009
35,000 companies include:
Sectors: Advertising, biotech, cleantech, consulting, ecommerce, enterprise,
games_video, hardware, legal, mobile, network_hosting, public relations, search,
security, semiconductor, software, web, other firms serving these.
Investment profiles from Ltd to public, financing rounds identified
Merger & Acquisition profiles
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
29. .
.
Employees in technology-based companies - worldwide, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
30. .
Technology-based companies â worldwide
by employee size and sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
31. Number of European Technology-based companies
Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
32. .
Number of European Technology-based companies
by employee size, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
33. Number of European Technology-based companies
By sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
34. European Technology-based companies
By sector and number of employees, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
35. # of Companies # of People
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
36. .
Number of US Technology-based companies
By sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
37. .
Number of US Technology-based companies
Advertising & Web, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âBehind the Innovation Curtain: Mobile Players and Their Moves.â
Submitted to the International Conference on Mobile Business,â Intl Conf on Mobile Business.
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
Technical Report. Media X, Stanford University, Feb.2010.
38. .
Number of US Technology-based companies
Biotech & Cleantech, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âBehind the Innovation Curtain: Mobile Players and Their Moves.â
Submitted to the International Conference on Mobile Business,â Intl Conf on Mobile Business.Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
39. .
Number of Technology-based companies
In Silicon Valley by sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âBehind the Innovation Curtain: Mobile Players and Their Moves.â
Submitted to the International Conference on Mobile Business,â Intl Conf on Mobile Business.Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
40. .
Number of Technology-based companies
In Seattle by sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âBehind the Innovation Curtain: Mobile Players and Their Moves.â
Submitted to the International Conference on Mobile Business,â Intl Conf on Mobile Business.Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
41. .
Number of Technology-based companies
In DC by sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âBehind the Innovation Curtain: Mobile Players and Their Moves.â
Submitted to the International Conference on Mobile Business,â Intl Conf on Mobile Business.Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
42. .
Number of Technology-based companies
In New York City by sector, Dec 2009
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âBehind the Innovation Curtain: Mobile Players and Their Moves.â
Submitted to the International Conference on Mobile Business,â Intl Conf on Mobile Business.Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell âLeveraging Social Media for Analysis of Innovation Players and Their Movesâ
46. The new maps may be
based on the connections
- rather than on distance.
47. Networks of Female and Male Executives
in Companies in the Clean Tech Sector
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
48. Networks of Female and Male Executives
in Companies in the Biotech Sector
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
49. Networks of Female and Male Executives
in Companies in the Public Relations Sector
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
50. Networks of Female and Male Executives
in Companies in the Web Services Sector
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
51.
52. Context of Investments into/from China
Insights into
Innovation
Social
Network
Analysis
Socially
Constructed
Data
Socially constructed dataset, in English, openly
availableâ all challenges in China
Innovation Ecosystems Dataset:
â˘323 technology-based companies with one or
more locations in China
â˘42 Chinese, 77 foreign investment firm
â˘Investment into China US$ 5.4 B
â˘Investment originating from China
US$ 3.1 B
Insights explored:
The flow of financial resources into and out of
China
More illustrative than descriptive/prescriptive
results
Innovation Ecosystem Network
Example: Chinese International Investments
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell, A Network Analysis of Investment Firms as Resource Routers in Chinese Innovation Ecosystem, Journal
of Networks, Fall, 2010.
53. Initial Data Analysis:
53% (113) of the Chinese companies
from eCIS business sector
50 % (66) of the foreign companies
are from the eCIS business sector
Toward Insights about:
Patterns and differences in the
characteristics of investment flows
into and from China
More Specific: Context of eCIS sector
eCommerce and electronic security=
eCommerce, software search, network hosting, mobile, games &video, enterprise
Insights into
Innovation
Social
Network
Analysis
Socially
Constructed
Data
Innovation Ecosystem Network
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell, A Network Analysis of Investment Firms as Resource Routers in Chinese Innovation Ecosystem, Journal
of Networks, Fall, 2010.
55. HARVEST
Investments from Chinese
(making investments)
Innovation Ecosystem Network
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell, A Network Analysis of Investment Firms as Resource Routers in Chinese Innovation Ecosystem, Journal
of Networks, Fall, 2010.
56. CULTIVATION
Investments into China
(receiving investments)
Innovation Ecosystem Network
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell
A Network Analysis of Investment Firms as Resource Routers in Chinese Innovation Ecosystem, Journal of Networks, Fall, 2010.
57. Emerging Chinese business clusters linked
by firmsâ relationships
Neil Rubens, Kaisa Still, Jukka Huhtamaki, Martha G. Russell
A Network Analysis of Investment Firms as Resource Routers in Chinese Innovation Ecosystem, Journal of Networks, Fall, 2010.
58. ⢠Cultivation / Harvesting modes - value co-
creation
⢠Chinese interlocks at the investment firm level
â Government-led investment firms
â Knowledge of government guarantees
â Investments in firms that return benefits to China
⢠Global interlocks at both investment firm and
enterprise levels
⢠Opportunity network & value co-creation
http://successbeginstoday.org/wordpress/wp-content/unexpected2.jpg
Topline Findings
60. Executive Women
in Technology-Based Companies
⢠We asked:
â What interventions can attract more women to leadership
positions in technology-based companies?
⢠Important because
â National dependence on science, technology, math for
competitiveness
â Shortage of women entering, staying, leading
â In tech-based companies,
⢠roughly 8 % executives are women
⢠Companies in our sample showed:
â Corroborated recent EU reports
â Cleantech sector lowest
⢠Fewer women in: enterprise, semiconductor and mobile
â Biotech sector highest
⢠More women in public relations, legal, consulting
61. Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
Networks of Female Executives
in Companies â All Sectors
62. Networks of Female and Male Executives
in Companies in the Web Services Sector
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
63. CTOs
the CTO of doctr.com CTO at Hemarina
Co-founder of HEMARINA
Vice President Engineering
at Survey Monkey
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
64. R&D Execs
Principal Research
Scientist at Yahoo!
Chief Software Editor at
Yandex
Advisor at PlaceBlogger
Was a VP at Netscape
and AOL, a senior
director of Product
Development at Yahoo
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
65. Creative CMOs â Biz Dev
Product Marketing
Manager at Google
Worked in Public
Relations at Apple,
Marketing at Tiny
Pictures,
VP, Marketing at Loopt
Was VP Marketing at
Project Playlist
Director of User
Experienceof Kosmix
Was Principal UI Designer
at Bebo
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
66. CEOs
CEO of NUS Enterprise at the
National University of
Singapore
Was Managing Director,
Investments, of Bio*One
Capital Pte Ltd
CEO of SeedCamp
was part of the Venture
team at 3i
CEO of Piazzza
worked at Facebook on
their News Feed Team
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
67. Board Members
Co-Chair Disney Media
Networks and President,
Disney-ABC Television
Group
CEO of FON USA and president
of the US Advisory Board
Board of Directors of Posit
Science, Sabrix, AccountNow,
Danger, QuinStreet, The
Threshold Group and the
Board of Directors of the NVCA
Advisor at Betwyx
Was VP, Western
Sales at Glam Media.
Was VP of sales at
MySapce
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
68. Founders
Founder/CEO
SmartWork Network
Co-founded Flickr
Ran Yhoo Tech Dev group
Co-founded Brickhouse
Now product Officer at
Hunch
Founder of
TinyMassive
Formerly COO
Wireless @
Realhome.com
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
69. FoundersFounder of Google
Webmaster Central
Now works for Ignition
Partners as an âentrepreneur
in residenceâ
CEO and Founder of LiveHit
Was Vice President of
Products and Marketing at
Piczo
Co-founder at
23andMe
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
70. Investors
Investor at
InnerRewards
Was executive
digital strategist
at Johnson &
Johnson
Invested in Fluidinfo; The
Extrodinaries; Factual;
Vizu;Square; Vurve;
Fluidinfo; ChallengePost;
Airship Ventures; Joobili;
Dopplr; Wee Web
A Partner with Accel Partners
Board at Wetpaint; Trulia;
Kosmix; Jaser Design; Imperva;
Forescout; Glam Media
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
71. Figure 1: Point-to-Point Figure 2: Tree Figure 3: Complex Tree
Figure 4: Simple Star Figure 5: Complex Star Figure 6: Mesh Figure 7: Complex Mesh
Kaisa Still, Neil Rubens, Jukka Huhtamäki, and Martha Russell , âNetworks of Executive Women in Technology-Based Innovation Ecosystems,â Technical Report
Type of Networks in Technology-Based Companies
Company Executives, Investors and Board Members
75. The Norwegian Puzzle
⢠Norway is a wealthy country with high standard
of living and almost NO unemployment
⢠Yet, low rate of technology-based innovation
⢠What is the future of Norway after oil reserves
have been extracted?
⢠Given technology targets:
â How can innovation be catalyzed?
â How can establishing global relationships be
accelerated?
76.
77. Example: Norwegian Tech-based Companies
Their Branch Offices and Their Financial Orgs
Links show relationships
PRELIMINARY
Example view to IEN dataset in Gephi. Companies are selected with
keyword search âNorway + Norwegian;â the funding organizations
associated with those companies are added Nodes represent
companies and their investors; edges indicate resource flows. The
network layout is created with Yifan Hu Multilevel algorithm and nodes
are inflated according to their indegree, i.e. the number of the
connected investors.
78. Advisors & Investors Expand Access
Investors leverage co-creation opportunities
with investments in multiple companies. Intl
companies not shown.
Companies leverage value co-creation
opportunities through relationships with
multiple investors. Some investors are
international.
Timeline analysis of investment events
reveals patterns of co-investment â an
indication of intention to co-create value
and, perhaps, stimulus programs.
IEN Dataset, July 2010
79. International Relationships for
Value Co-Creation
Huge opportunities for
international
relationships lie 2 & 3
degrees out from
Norwegian companies
Example view to IEN dataset for keyword search. Nodes represent companies and their previous and current employees. The
network layout is created with Fruchterman Reingold algorithm and nodes are inflated according to their outdegree. Protocols
for anonymity are evolving.
IEN Dataset, July 2010
80. Globalization of Innovation Ecosystems
IEN Dataset, July 2010
Norwegian tech-based
companies with financing
are more likely to have
networked relationships.
Norwegian tech-based
companies have access to
global relationships through
current board members,
investors, and key personnel.
81. Dynamics
IEN Dataset, July 2010
/Users/neil/Documents/neil/Research/Innovation_Ecosystems/proj/Norway/g1-norway/movie/n1
82. Insights About Norway
⢠Dual offices: regional and Oslo
⢠In sectors we studied
⢠Business locations parallel technical university programs
⢠Investor relationships have strong local links
â Some investing organizations are governmental programs
â Expands to Oslo when offices are in Oslo
â International relationships linked to small set of personal
relationships at executive level
⢠International investors drawn through executive
relationships
â Relationships through execs at Google and AOL provide
channels for global network expansion
84. Case Example: Funding for Finland
xample view to IEN dataset in Gephi. Nodes represent companies and their investors; companies are selected with
eyword search âFinland + Finnishâ. The network layout is created with Yifan Hu Multilevel algorithm and nodes are
flated according to their indegree, i.e. the number of the connected investors.
85. Case Example: Funding for Finland
xample view to IEN dataset in NodeXL. Nodes represent companies and their investors; companies are selected with
eyword search âFinland + Finnishâ. Nodes are inflated according to their indegree, i.e. the number of investors of a
ompany. Finnish Industry Investment is the main investor with outdegree 17 (betweenness centrality 1965).
Degree distribution
86. Case Example: People & Tampere
Example view to IEN dataset for keyword search âTampereâ. Nodes represent companies and their previous and
current employees. The network layout is created with Fruchterman Reingold algorithm and nodes are inflated
according to their outdegree.
Our research questions center on innovation ecosystems.A dynamic innovation ecosystem is characterized by a continual realignment of synergistic relationships of people, knowledge, and resources that promote harmonious growth of the system in agile responsiveness to changing internal and external forces.Around the world, policy makers, program leaders, researchers and entrepreneurs want to optimize the impact of their investments.We believe value co-created through a cycle of shared vision and transformations. The people who participate in events create coalitions and networks whose impacts can be measured and tracked with data-driven visualizations, revealing changes. The interaction of key people, using feedback about the transformation, serves to evolve â to co-create â their shared vision.-----------------A dynamic innovation ecosystem is characterized by a continual realignment of synergistic relationships of people, knowledge, and resources that promote harmonious growth of the system in agile responsiveness to changing internal and external forces.Innovation Ecosystems refer to the inter-organizational, political, economic, environmental, and technological systems through which a milieu conducive to business growth is catalyzed, sustained, and supported. Value is co-created for the innovation ecosystem through events, impacts and coalitions/networks that emerge from a shared vision of the desired transformations. Data-driven metrics measure, track and visualise the transformation, empowering interaction with feedback for the shared vision.
The Innovation Ecosystems Network has been studying co-creation from several perspectives.We look for insights that can be used to:Communicate complexity to co-create visionIdentify and empower influential individuals for critical actionsConnect components to catalyze the evolution of the ecosystemDevelop and implement programs (meetings, funding, initiatives) to foster co-creator networks Measure and transform an innovation ecosystemFor example, a recent paper in the Journal of Networks reported our study on âA Network Analysis of Investment Firms as Resource Routers in the Chinese Innovation Ecosystem.â In this workshop, we will present some preliminary results of early work â in order to invite collaboration.
I suggest going into detail with this slide. It will be the basis of people agreeing that IEN knows the fundamental concepts of TH, establishing trust that we appreciate the mental models used by the conference group, and establish a basis of how questions are asked.I suggest not saying we have new answers â rather establishing that we appreciate the questions the TH community has been asking.I removed the eClusters. I would imply (rather than show) the question mark.What about wrapping threads of the triple helix around this arrow â might match to some of the seminal references â and the start date of the Triple Helix concept.
Relationships provide the infrastructure for resource flows. This is especially important as information technology and globalization have changed the way we think about organizations.These resources might be financial; they might be informational; they might be access to markets or materials. Among executives and key employees, relationships are the basis for the transfer of technologies and knowledge, professional networks, business culture, value-chain resources, and mental models.Corporate governance is embedded and filtered through social structures in the relationships among Directors. These relationships influence co-creation of things such as: executive compensation, strategies for takeovers, defending against takeovers. Through relationships with investors and service providers, businesses co-create an awareness of external forces, of competitive insights, and they are able to leverage resources. Relationship interlocks provide a social relationship âfilterâ for governance, for information flow & norms. Relationships are the vehicle for co-creating and transferring mental models, as well as implicit and explicit know-how.Using social network analysis we can visualize the patterning of social connections and relationships.
Showing the live Vizter is REALLY seductive because of the interactivity of it.Is the live version still available?
Add after vizster slide #15
These are models used by the Dachis Group to describe new business models of resource flows.They may apply across the relationships of busienss, education and government â as well.
It is rare that the data is simply brought to us on a silver platterWe have to try hard to actively acquire it
There is a lot of nice data on innovation but it is not so recent. In traditional data gathering, data is often gathered over a period of time. Then it goes through various processes within organization, gets analyzed; some reports are released; and then the data is released. This process may take several years.
Innovation happens very fast. If you are too slow â you loose.To react fast, we need the current data.
IEN Dataset is derived from English language resources. Some caveats needed for generalizing results to non-english speaking countries.
It is surprising how many similarities there are between the fields of journalism and data miningWe both try to make sense of data and facts and to communicate it to others.We looking for trends and providing an explanation for them.Looking for outliers (something that does not follow the trend). This could be a break through innovation that may become a trend in the future; or a politician behaving inappropriately (that hopefully does not become a trend).
Please think of several patterns and outliers in bicicles picture.ASK AUDIENCE---So let me just mention a few:Color is one of the patters that jumps out right awayFor example there is a lot of aluminum colorsYellow bike jumps out as an outlierIf we look closer we may also notice that there is only one bike where the handles are greenOnly a few bikes have their seat covered with plasticBikes are more or less lined upThere is a bike that is facing the wrong way though----------Even in these small dataset there are so many patterns and outliersBut how many of them are interesting; that really depends.We try to find patterns that are novel; since telling people that bicycles tend to have two wheels is perhaps not so interesting.What is interesting also depends on the purpose;A person checking whether bicycles have permit for parking â is looking for a specific outliersWhen I look for my own bike; I have a different outlier in mindSo ability to spot things that are interesting is extremely important.Outliers are normally discarded in data mining âŚBecause you are often trying to find a pattern, and outliers screw up things.In business, some outliers have become very successful as described in the following book.So we thing it is interesting to look not only for patterns but also for outliers
Canât do data mining without the data; so we need data and the more the better â since then we can see patterns more clearly
Also when we have more dimensions it is easier to spot patterns
Just like journalists in order to get a complete story we try to get data from different sources.For example, the usefulness of map may increase significantly as we add information about trafic, points of interest, etc.
The problem is that people could not deal well with large number dimensions, and big amounts of data.So thatâs where computers and data-miners come in handy.
Here also, I suggest some detail on these concepts in order to establish credibility.Emphasize that we appreciate the concepts being developed by TH â rather than identify new concepts weâre planning to introduce.
It would be good to update the numbers.And it will be really important to identify a thread that will link these charts to tell a story â perhaps tie the story to Silicon Valley and Finland â for continuity.
We can also look at the companies by sector
We can try to analyze relations between sectors; here are the advertising and web sectorsA lot of things going on in Silicon Vaelly; but also in the North East and other parts
Here is the biotech and cleantech
We can also at specific cities and regionsSV looks very interesting
This is seattle
DC
And NY
So as you can see the patters are very different from city to city
So far I have shown analysis based on the spatial distance;However the aspects of distance is changing;We donât know where these people are physically located but they seem to be in the same space.
So the new maps may be based on the connections; rather than on distance.For this analysis we have utilized an open source tool called NodeXL
The red edge begs an explanation.
Iâll scan the article on EU and email Monday.Need to build a story â starting with sectors and moving to people.Need to âso whatâs from the sector view and at least two âso whatâsâ from the people view.Expect to get the question of how female networks differ from male networks. Neil, do the network statistics reveal differences?
And the reason this is interesting is - - - - How would this be different from the male graph?
Networks may reside with technical colleagues rather than at the executive level â or is this particular to female STOâs?
Sheâs running for governor of CA.
By utilizing various AI techniques we can further enhance the data that we have gathered.For example the gender of many of the executives is not specified.The standard approach of dictionary lookup does not work well; since many of the names are of the foreign origin
Example view to IEN dataset in Gephi. Companies are selected with keyword search âNorway + Norwegian;â the funding organizations associated with those companies are added Nodes represent companies and their investors; edges indicate resource flows. The network layout is created with Yifan Hu Multilevel algorithm and nodes are inflated according to their indegree, i.e. the number of the connected investors. Companies leverage value co-creation opportunities through relationships with multiple investors. Some investors are international.Investors leverage co-creation opportunities with investments in multiple companies. Not shown here are international companies linked through relationships with the same investors.Timeline analysis of investment events reveals patterns of co-investment â an indication of intention to co-create value.What do we see in Knowledge-based Norway:Norwegian industry Most investment firms have invested in a few investments. Investments from Norway and from elsewhere? Is collaboration Norwegian or international?PRINCIPLES AND CONCEPTSNetwork structure: random, small world or scale free? (BarabĂĄsi, 2003)Network properties:density, cohesionPhenomena driving network evolution:homophily, reciprocity and transitivity (cf. Giuliani and Bell, 2008)Actor roles: hubs and connectors (BarabĂĄsi, 2003; Heer, 2005)peripheral, central connector, broker (Hansen, Schneiderman and Smith, 2010)SNA metrics (Wasserman and Faust, 1994):centrality: betweenness centrality, actor degree centralityprestige: actor degree prestige, actor proximity prestige, rank prestige - also rage rank (cite{pagerank1999})
PRINCIPLES AND CONCEPTSNetwork structure: random, small world or scale free? (Barabåsi, 2003)Network properties:density, cohesion () Phenomena driving network evolution:homophily, reciprocity and transitivity (cf. Giuliani and Bell, 2008)Actor roles: hubs and connectors (Barabåsi, 2003; Heer, 2005)peripheral, central connector, broker (Hansen, Schneiderman and Smith, 2010)SNA metrics (Wasserman and Faust, 1994):centrality: betweenness centrality, actor degree centralityprestige: actor degree prestige, actor proximity prestige, rank prestige - also rage rank (cite{pagerank1999})
What do we see in Funding in Finland:Finnish Industry Investment, Nexit Ventures, Veraventures, Most investment firms have invested in a few investments. Investments from Finland and from elsewhere? Is collaboration Finnish or international?PRINCIPLES AND CONCEPTSNetwork structure: random, small world or scale free? (Barabåsi, 2003)Network properties:density, cohesion () Phenomena driving network evolution:homophily, reciprocity and transitivity (cf. Giuliani and Bell, 2008)Actor roles: hubs and connectors (Barabåsi, 2003; Heer, 2005)peripheral, central connector, broker (Hansen, Schneiderman and Smith, 2010)SNA metrics (Wasserman and Faust, 1994):centrality: betweenness centrality, actor degree centralityprestige: actor degree prestige, actor proximity prestige, rank prestige - also rage rank (cite{pagerank1999})
PRINCIPLES AND CONCEPTSNetwork structure: random, small world or scale free? (Barabåsi, 2003)Network properties:density, cohesion () Phenomena driving network evolution:homophily, reciprocity and transitivity (cf. Giuliani and Bell, 2008)Actor roles: hubs and connectors (Barabåsi, 2003; Heer, 2005)peripheral, central connector, broker (Hansen, Schneiderman and Smith, 2010)SNA metrics (Wasserman and Faust, 1994):centrality: betweenness centrality, actor degree centralityprestige: actor degree prestige, actor proximity prestige, rank prestige - also rage rank (cite{pagerank1999})
Geographical distribution and of Stanford and Berkeley is very similar within the united states
As we look closer we begin to see the differences;Stanford has a stronger presence in the Bay Area, and San DiegoBerkeley has a stronger presense in the LA Area
As we look even closer we can see more differencesMost of Berkley graduates are concentrated in SF (a bridge across from UC Berkley)While Stanfordâs graduates are present throughout the valleyAlso it is interesting to note that East Bay has very little presence of graduates (according to our dataset).It is particularly interesting since UC Berkeley is in the East bay; however graduates do not tend to stay in that area.