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Jeya Wilson
Commonwealth Business Forum
October 2011


 INNOVATION AND ENTREPRENEURSHIP
INNOVATION AND ENTREPRENEURSHIP
             THE BASICS
TYPES OF ENTREPRENEURSHIP
   Small business/start up entrepreneurship

   Corporate entrepreneurship

   Social entrepreneurship
SOCIAL ENTREPRENEURS


“Social entrepreneurs are not content just to give
  a fish or teach how to fish. They will not rest
  until they have revolutionized the fishing
  industry.”

                Bill Drayton, CEO, chair and founder of Ashoka, (Innovators
                 for the public)
INNOVATION
   PRODUCT

   PROCESS

   ORGANIZATION
SOME INNOVATIVE INNOVATION TERMINOLOGY
   Disruptive innovation

   Polycentric innovation

   Reverse innovation

   Frugal innovation
GLOBAL INNOVATION INDEX 2011
Commonwealth country             Rank      Rank         Rank
                                 2011      2010         2009
Singapore                           3         7             5
Canada                              8        12           11
United Kingdom                     10        14             4
New Zealand                        15         9           27
Australia                          21        18           22
Cyprus                             28        32           45
Malaysia                           31        28           25
Mauritius                          53        73           66
South Africa                       59        51           43
Guyana                             61       113          103
India                              62        56           41
Ghana                              70       105           -
Trinidad and Tobago                72        55           65
Brunei Darussalam                  75        48           -
Namibia                            78        92           95
Botswana                           79        86           77
                 Source: Global Innovation Index 2011
Commonwealth                 Rank      Rank       Rank
country                      2011      2010       2009
Sri Lanka                       82        79        58
Kenya                           89        83        78
Jamaica                         92        70        73
Nigeria                         96        96        70
Bangladesh                     97        120       111
Swaziland                     101          - -
Cameroon                      103        119       106
Tanzania                      104         98        86
Pakistan                      105        103        93
Uganda                        106        108       100
Malawi                        108         97 -
Rwanda                        109 -          -
Zambia                        114        111        96

           Source: Global Innovation Index 2011
POINTS TO PONDER


   Partnerships - Open innovation

   Poaching and Piracy - Protection of IP

   Trash to Treasure – Partnering the Informal
    sector
Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round
   pegs in the square holes. The ones who see things differently. They're not fond
   of rules. And they have no respect for the status quo. You can quote
   them, disagree with them, glorify, or vilify them. About the only thing you can't
   do is ignore them. Because they change things. They push the human race
   forward. And while some may see them as the crazy ones, we see genius.
   Because the people who are crazy enough to think they can change the
   world, are the ones who do.(Apple Inc.)


                  You touched an ugly world of technology and made it beautiful.

                                    R.I.P. Steve Jobs

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Innovation and Entrepreneurship

  • 1. Jeya Wilson Commonwealth Business Forum October 2011 INNOVATION AND ENTREPRENEURSHIP
  • 3. TYPES OF ENTREPRENEURSHIP  Small business/start up entrepreneurship  Corporate entrepreneurship  Social entrepreneurship
  • 4. SOCIAL ENTREPRENEURS “Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry.”  Bill Drayton, CEO, chair and founder of Ashoka, (Innovators for the public)
  • 5. INNOVATION  PRODUCT  PROCESS  ORGANIZATION
  • 6.
  • 7. SOME INNOVATIVE INNOVATION TERMINOLOGY  Disruptive innovation  Polycentric innovation  Reverse innovation  Frugal innovation
  • 9. Commonwealth country Rank Rank Rank 2011 2010 2009 Singapore 3 7 5 Canada 8 12 11 United Kingdom 10 14 4 New Zealand 15 9 27 Australia 21 18 22 Cyprus 28 32 45 Malaysia 31 28 25 Mauritius 53 73 66 South Africa 59 51 43 Guyana 61 113 103 India 62 56 41 Ghana 70 105 - Trinidad and Tobago 72 55 65 Brunei Darussalam 75 48 - Namibia 78 92 95 Botswana 79 86 77 Source: Global Innovation Index 2011
  • 10. Commonwealth Rank Rank Rank country 2011 2010 2009 Sri Lanka 82 79 58 Kenya 89 83 78 Jamaica 92 70 73 Nigeria 96 96 70 Bangladesh 97 120 111 Swaziland 101 - - Cameroon 103 119 106 Tanzania 104 98 86 Pakistan 105 103 93 Uganda 106 108 100 Malawi 108 97 - Rwanda 109 - - Zambia 114 111 96 Source: Global Innovation Index 2011
  • 11. POINTS TO PONDER  Partnerships - Open innovation  Poaching and Piracy - Protection of IP  Trash to Treasure – Partnering the Informal sector
  • 12. Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify, or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.(Apple Inc.) You touched an ugly world of technology and made it beautiful. R.I.P. Steve Jobs