Presentacion Stanford Research Institute (SRI) - CORFO

Driving
Innova+on
in
a
Global
Economy
© 2014 SRI International
Stephen
Ciesinski
Vice
President
&
General
Manager,
SRI
Interna+onal
August
14,
2014

SRI
Interna:onal
–
History
of
Con:nuous
Innova:on
People
use
mul*ple
SRI
innova*ons
every
day
Computer
mouse
Address
reading
Electronic
banking
Low
cost
solar-‐grade
silicon
Cancer
drugs
Color
film
reproduc:on
Natural
language
pla<orm
HDTV
1st
ARPA-‐Net
message

SRI
-‐
Who
We
Are
A
world-‐leading
independent
R&D
organiza*on
• Founded
by
Stanford
in
1946
– Located
in
heart
of
Silicon
Valley
– Not-‐for-‐profit
corpora+on
– Independent
in
1970
• 2,100
staff
members
– 43%
with
advanced
degrees
– More
than
20
loca+ons
worldwide
• Consolidated
2013
revenue
~$550M
• Expanding
Interna+onally
SRI
headquarters,
Menlo
Park,
CA
Sarnoff,
Princeton,
NJ
SRI Harrisonburg, Virginia SRI State College, Pennsylvania SRI Tokyo, Japan SRI Washington, D.C. SRI St. Petersburg, Florida

SRI’s
Five
Disciplines
of
Innova:on
Market
Success
Important
Customers
&
Markets
High
Value
Crea:on
Innova:on
Champions
Innova:on
Teams
Organiza:onal
Alignment
Disciplines
are
mul+plica+ve
Top
10
Business
Book
of
the
Year!

Need
for
Applied
Research
Universi:es
Corpora:ons
Fundamental
Science
Basic
Research
Applied
Research
Product
Development
Produc:on
Budget pressure Profit Demands

The
Applied
Research
Gap
–
SRI’s
Unique
Role
Universi:es
Fundamental
Science
SRI
Corpora:ons
Basic
Research
Applied
Research
Product
Development
Produc:on
Who
fills
this
gap?
Innova+on
happens
“here”
©
2012
SRI
Interna+onal

SRI’s
Defini:on
of
Innova:on
Ensure
everyone
is
working
toward
same
goal
Innova:on:
The
crea+on
and
delivery
of
new
customer
value
in
the
marketplace
with
a
sustainable
business
model

Breakthrough
Innova:on
Leads
to
Job
Crea:on
• Net
jobs
gained
from
startups
(1977-‐2005):
+85
6,000,000
4,000,000
2,000,000
-‐
(2,000,000)
(4,000,000)
million
• Net
jobs
gained
from
exis+ng
firms:
-‐30
million
(6,000,000)
New
USA
Jobs
by
Source
(1977-‐2005)
1977
1981
1985
1989
1993
1997
2001
2005
Net
Jobs
Gain
from
Startups
Net
Jobs
Gain
from
Exis+ng
firms
Source:
Business
Dynamics
Sta+s+cs,
Tim
Kane

Growing
Markets
7
billion
people
now
moving
to
9
billion
people
in
2050

How
we
Interact
with
our
World
is
Changing

Product
Lifecycles
are
Gecng
Shorter
Development
Introduc+on
Growth
Maturity
Decline
Time
Sales
Volume
Mul:ple
Reasons:
• Faster
informa+on
flow
• Faster
development
cycles
• Worldwide
compe++on
• Faster
logis+cs
• Elevated
expecta+ons
• Outsourcing
–
everywhere!

Example:
Logis:cs
is
a
Growing
Challenge
• E-‐commerce
B2C
ecommerce
Sales
(US$
Trillion)
$1.06
will
double
in
next
5
years
• Rise
of
same
day
delivery
requires
new
distribu+on
methods
$1.25
$1.51
Source: eMarketer Research
$1.77
$2.05
$2.36
2012
2013
2014
2015
2016
2017

Example:
Educa:on
is
Being
Revolu:onized
800%
600%
400%
200%
0%
1984 1990 1996 2002 2008
Price
as
percent
of
Price
in
1984
College tuition
Medical care
Gasoline
All consumer items
2014
100%
Source:
Bureau
of
Labor
Sta+s+cs

Unlimited
Opportuni:es
Food
technology
Digital
educa+on
Social
media
Intelligent
services
Addi+ve
manufacturing
Advanced
logis+cs

Global
Innova:on
Economy
Driven
by
both
markets
and
technology
World
of
abundance
-‐
unlimited
opportuni*es
Rapid,
exponen*al
change
Intense,
global
compe**on

What
Can
We
Learn
From
Silicon
Valley
Any
Region
of
the
World
can
also
Achieve
Success
San
Francisco
• Target
Big
Markets
• Develop
and
Encourage
Talent
• Build
Funding
Sources
• Provide
Mentors
and
Coaches
• Regulatory
framework
• Grow
Major
R&D
Universi+es
• Ins+ll
Entrepreneurial
culture
• Large
companies
and
clusters
• Meritocracy
=
achievement
(not
$)
Stanford
University
Sand Hill
Road
San
Jose

Always
Ready
for
the
Next
Big
Thing
Electronics
1939
Social
Networking
2014
Working
on
Microprocessors
PCs
Networking
Internet
1947
1968
1976
1984
1995
Semiconductors
1939
Other
major
industries
grown
in
Silicon
Valley:
2004
Semiconductor
equipment,
voicemail,
sooware
tools,
applica+on
sooware,
medical
equipment
and
devices,
clean
tech,
gaming,
mobile
and
more

Recrea:ng
Silicon
Valley
Exactly?
BeGer
to
take
Key
Elements
and
Apply
to
your
Unique
Environment
US
STATES
COUNTRIES
Silicon
Bayou
(Louisiana)
Silicon
Beach
(Santa
Barbara)
Silicon
Forest
(Oregon)
Silicon
Glacier
(Montana)
Silicon
Hollow
(Tennessee)
Silicon
Mesa
(New
Mexico)
Silicon
River
(Missouri)
Silicon
Swamp
(Florida)
Silicon
Sandbar
(Cape
Cod)
Silicorn
Valley
(Iowa)
Billy-‐can
Valley
(Australia)
Silicon
Forest
(Australia)
Silicon
Ditch
(England)
Silicon
Fen
(England)
Silicon
Spires
(England)
Silicon
Glen
(Scotland)
Silicon
Isle
(Ireland)
Silicon
Plateau
(India)
Silicon
Polder
(Netherlands)
Silicon
Wadi
(Israel)

Chile
is
at
a
Cri:cal
Juncture
• 20
years
of
amazing
growth
• Remains
dependent
on
resource
extrac+on
• “Innova+on
is
the
main
trigger
of
long
term
economic
growth”
Sources: WEF, The Economist, Brookings Institute

Chile
-‐
At
a
“Crossroads”
Transi*oning
from
an
‘efficiency-‐driven’
to
an
‘innova*on
driven’
economy
Chile
Singapore
Other Transition Economies
Source:
World
Economic
Forum

Chile
is
Taking
The
Right
Path
• Established
and
improving
ins+tu+ons
• Management
talent
• Entrepreneurial
philosophy
• Increasing
interest
in
R&D
• Developed
infrastructure
• High
quality
of
living
• Strong
government
support
for
innova+on

CORFO
and
SRI’s
Go
to
Market
Compe::on
• Iden+fy
promising
Chilean
inven+ons
&
entrepreneurs
• Create
self-‐sustaining
innova+on
ecosystem
• Build
rela+onships
between
Silicon
Valley
and
Chile
• Assist
entrepreneurs
taking
their
products
to
market

Government
Educa:on
Ventures
&
SMEs
Established
Industries
23
What
Does
the
Innova:on
Economy
Require?
Success
=
comprehensive
ac*on
plan
aimed
at
CREATING
VALUE
!
New
Innova9on
Economy

Now
is
the
Time
for
Chile
-‐
SEIZE
THE
MOMENT
• Compe++on
is
s+ff
and
increasing
• But
with
hard
work
and
strong
leadership,
Chile
can
leverage
strengths
to
become
the
innova+on
hub
of
La+n
America
24

Headquarters:
Silicon
Valley
333
Ravenswood
Avenue
Menlo
Park,
CA
94025-‐3493
650.859.2000
Washington,
D.C.
1100
Wilson
Blvd.,
Suite
2800
Arlington,
VA
22209-‐3915
703.524.2053
Princeton,
New
Jersey
201
Washington
Road
Princeton,
NJ
08540
609.734.2553
Addi*onal
U.S.
and
interna*onal
loca*ons
www.sri.com
Robert S. Pearlstein
Executive Director,
International Business Development
SRI International
Email: robert.pearlstein@sri.com
Nathan Young
Business Development Representative
SRI International – Chile
Email: nathan.young@sri.com

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