3. WHAT PUT US OVER THE
TOP?
Facebook
Roberto Carlos
HR Agility
Finnish Network
Reverse Learning
Focused IP
WHAT HELD US BACK?
Complex Ecosystem
Unproductive Partnerships
Distressed Customers
Dripfed Finance
Fragmented Technical Solutions
Uneducated Public
Small home market
4. The four cornerstones of ACE
Building successful companies
that create jobs and prosperity.
Entrepreneurship
Research
Entrepreneurship
Education
Innovation Services
and Technology
Transfer
Growth
Venturing and
Start-Up Services
Innovation research
SME research
??
5. Highlights for ACE 2010
Major new sales of Aalto patents to Finnish
industry.
Record number of inventions from Aalto.111
50
15
Record number of priority patent applications filed
based on Aalto Research.
Record number of startups formed from Aalto-
based ideas.
Strong new partnership with Stanford Technology
Ventures, Stockholm School of Entrepreneurship,
Tokyo University
3
6. Degree of participation
Department
Inventor /
team
ACE team
Aalto competence commercialization
process
Aalto community /
research
Markets
Commitment from all parties is needed
to make it happen!
8. 300 250
30 10
Start-ups
15
Licenses
>200 k€ income
Intellectual
Property Rights
15 prior. apps
Innovation ‘fast track’
Evaluation
Concept
development
Validation
10550
200 10
All are evaluated, not all commercialized
Proposal
9. 9
- Inspiring Stanford Faculty on the potential of Finland
- Inspiring Aalto community on value of Stanford collaboration
- Identifying key Aalto faculty and student change-makers, and executing initial exchange
Click to edit Master text styles Click to edit Master text styles
Roadmap for Stanford Partnership
- Building out new curriculum contributions and adding courses
- Continue inspiring, developing, and exchanging
2011
2012
2013
The program is 3-years, with the following
high-level roadmap:
- Facilitating a growing amount of exchange
- Building Aalto curriculum and offering first courses
- Continuing inspiration, i.e. executing the Accel Roundtable on Entrepreneurship Education
10. Amount of VC into Finnish early and
expansion stage companies through
May 2011, 4x 2010 or 2009
We see many things in the ecosystem around
Aalto that are encouraging:
Aalto startups Rovio (Angry Birds!) and
Remedy Entertainment created number 1
and 2 global game titles
.
NO:1&2
92m€
2M€+ Large funding round to University
spinouts, i.e. Canatu and Blaast, and
more forthcoming
Some Positive Signs
12. Why do we believe startups are important?
Research shows almost all new jobs are created in comapanies
under 5 years of age, so we must raise the next generation of
changemakers.
13. 13
For ”High Growth Startup DNA” in Europe
Focus on extreme competence and competitive
advantage. Extreme work. Positioning such that
companies thrive amid totally unpredictable
market shifts
14. A Grounding for Decision-Making
under High Uncertainty
Steve Jurvetson, Managing Director, DFJ
Video Link
15. On the Value of Technology (a)
Kathy Ku, CEO, Stanford Licensing
Office
Video Link
16. 16
On risk taking and failures
Ecosystem: promotes pioneering spirit embracing
uncertainty, risk-taking and tolerating failure
Video Link
17. 17
On Youth and Energy
Entrepreneur: Start early! Universities will probably
drive the next Black Swan. And, DON’T BE
PATIENT!
Mark Zuckerberg, Founder of Facebook
18. On Youth and Energy
Ecosystem: Attract founders, who are ideally young,
energetic and often migrants, and support them
patiently
22. AudioDraft
AudioDraft offers
companies a new and
innovative way to order
custom made audio
from the artist and audio
designer community by
creating audio
competitions.
2
23. ZenRobotics
ZenRobotics Ltd., is specializing in robotic recycling technology. The
company's main product is ZenRobotics Recycler, a waste sorting
system which separates raw materials from waste
3
24. Do you have a
potential success story
waiting to be developed ?
File in the Invention or the Other Idea Online at
http://ace.aalto.fi/
Notas do Editor
by 2020 Enormous impact on globally challenging problems
by 2015 Finland into the top ten high-growth communities in the world
2010-2011 Producing success stories and building confidence in Aalto Community and Beyond
by 2020 Enormous impact on globally challenging problems
by 2015 Finland into the top ten high-growth communities in the world
2010-2011 Producing success stories and building confidence in Aalto Community and Beyond
KEY MESSAGE: Commitment and participation needed from inventors constantly. Revenue sharing applies according to area distribution. ACE supports especially in evaluation and development of the proposal into innovation.
NOT TO MENTION: ACE takes ideas and inventions and develops them further & patents. Overemphasis our role as ”case owners”
KEY MESSAGE:
Competence commercialization process aims at efficiently realizing economic potential of ideas and inventions
‘competence commercialization’ is the structured way of working with submitted ideas & inventions.
Investment decisions are done by ACE management based on assessment on three streams. All decisions are documented and communicated to inventors. Aim is to handle all cases with same level of intensity and give all equal chance to prove potential.
NOT TO MENTION: Customer can choose route and get investments by own decision. Process is only for investing money into cases. process is highly structured with detailed descriptions of what to do.
KEY MESSAGE: Not all cases become start ups. Not all are patented. Exceptional cases are put forward with speed (external IP, mature case). Some cases lack commercial potential and/or require more research / thinking. Other organizations are linked by ACE.
NOT TO MENTION: only the best ones are selected in evaluation.
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