University College London (Simons)

Accelerating the Transition to a Low Carbon Future: Open Innovation and Disruptive Technologies Professor Stef Simons Director, Centre for CO 2 Technology University College London www.ucl.ac.uk/centre-for-co2-technology

Clean Technologies Now! ,[object Object],[object Object],[object Object],[object Object],[object Object]

Carbon Reduction – What would it take? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The Party’s Over! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Moving away from the Pipeline Model of Innovation for Clean Technologies ,[object Object],[object Object],[object Object],[object Object]

How can we achieve the 3 rd Industrial Revolution? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],= Open Innovation

Open Innovation Paradigm ,[object Object],[object Object],[object Object],[object Object],[object Object]

A meeting regarding the 184-inch cyclotron project, held at the University of California, Berkeley , on March 29, 1940. Left to right: Ernest O. Lawrence , Arthur H. Compton , Vannevar Bush , James B. Conant , Karl T. Compton, and Alfred L. Loomis. Collaborative Innovation: The Manhattan Project

The Manhattan Project – Concerted Action to Innovate ,[object Object],[object Object],[object Object],[object Object],Solving the climate change issue is not a Manhattan (or even Apollo) Project. The array of technologies we need to develop and the choices to be made between them are too diverse and influenced by too many factors. Collaboration needs to be more open, with greater sharing of ideas and intellectual property, integrated with policy and regulation.

Distributed Models to Open Innovation ,[object Object],[object Object],[object Object],[object Object],“ No matter who you are, most of the smartest people work for someone else”.

Procter & Gamble – a Model for Success ,[object Object],[object Object],[object Object]

Institutional Drivers for Open Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Smart Grid: A New Technical Platform ,[object Object],[object Object],[object Object]

Open Innovation of Tangible Products ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Open Innovation is not Open Source. Producing tangible products for commercialisation is much more complex and risky. It requires: Thus, there are more boundaries to openness than OS.

We need to engage the Public ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[“Now People” are the party people, living life to the full and wanting/needing to be at the centre of the action. They are sociable, flashy and drivers of fashion and trends. They are highly motivated to consume.] The UK’s Centre for Public Policy Research has found that “Now People” are:

Getting people involved in Clean Tech. Development (and Deployment)

Other models for Getting Outsiders to Innovate ,[object Object],[object Object],… and there are others…

Universities as Key Partners and Facilitators ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],OI requires inter-organisational relationships, networks, as the locus of innovation, not a single organisation. However, universities can play a key role in the OI paradigm by facilitating collaborations and managing the innovation process. Universities are:

Challenges to successful OI of clean technologies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Creative use of IP: Arcadia Biosciences ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Funding is there for Innovation ,[object Object],[object Object]

Funding from Foundations and VCs ,[object Object],[object Object],[object Object]

Achieving a Low Carbon Future through Open Innovation ,[object Object],[object Object],[object Object],My vision:

Formation of Network ,[object Object],[object Object],[object Object],[object Object],[object Object]

University College London (Simons)

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University College London (Simons)