This document discusses innovation through three phases: discovery, incubation, and acceleration. Discovery involves identifying market opportunities, incubation is experimenting with concepts to design business models, and acceleration develops businesses until they can stand on their own. It provides examples like the bionic ear developed by Australian researchers and the company Cochlear. The document also discusses liquid crystals, nanotechnology applications, and the company CleanFutures which developed a sensor to detect water contaminants using nanotechnology. Overall it examines the process of taking discoveries from experimentation through development to independent businesses.
2. Discovery Creating or identifying high-impact market opportunities. Harvard Business Review, Create Three Distinct Career Paths for Innovators, by Gina Colarelli O’Connor, Andrew Corbett, and Ron Pierantozzi, http://hbr.org/2009/12/create-three-distinct-career-paths-for-innovators/ar/1
7. The Bionic Ear Prof Graham Clark AO Challenges Technical Financial Social Image: www.australianoftheyear.org.au
8. Image: John Lamb, Sydney Morning Herald “ROD SAUNDERS was the first person to be implanted with a bionic ear, in a world breakthrough for Australian researchers almost 30 years ago. The first test four weeks after the eight-hour operation proved disappointing for researchers and the patient, who could hear only the hissing sound that many deaf people experience. Then came the "eureka" moment.”
11. It remains a big Australian medical aid export and retains 70 per cent of the world's market shareSource: Sydney Morning Herald, February 14, 2008, Image: www.cochelar.com.au
19. What else? It won’t work in winter. It’s not waterproof. It’s not robust enough. It only does temperature. The colour strip is hard to interpret. The intervals are too large to be useful. The materials have to be sourced from overseas. It would probably be too expensive. It’s not environmentally-friendly.
20. Fix colour of strip Consider adding strips to detect humidity Investigate other materials and coatings to make it more robust Use paper to package rather than plastic
26. Series A Investors Shareholding Licence Personnel Company Overview CleanFutures has an exclusive license for phosphate, nitrate and sulfite detection.
33. Competitors Current methods are: Laboratory based, not portable for in-field detection Expensive Require trained operators Use toxic chemicals ABB Navigator 600 System Phosphate Analyser HachPhosphax System Phosphate Analyser
37. R&D Program Conduct testing onsufite: Comparison tests against current mechanisms of sulfite detection Establish a potential procedure for wineries in using the sensor Initial testing on industrial prototype for sulfite
49. Theory U Downloadingpast patterns Performing by operating from the whole suspending embodying Open Mind VoJ Seeingwith fresh eyes Prototyping the new bylinking head, heart, hand redirecting enacting Open Heart VoC Sensing from the field Crystallizing vision and intention Open Will letting go letting come VoF Presencing connecting to Source Who is my Self? What is my Work?
50. U Process: 1 Process, 5 Stages 5. Co-evolving:embody the new in ecosystemsthat facilitate acting from the whole 1. Co-initiating: uncover common intentstop and listen to others and to what life calls you to do 2. Co-sensing: observe, observe, observeconnect with people and places to sense the system from the whole 4. Co-creating:prototype the new in living examples to explore the future by doing 3. Presencing: connect to the source of inspiration and willgo to the place of silence and allow the inner knowing to emerge