%0 Journal Article %J Technology Innovation Management Review %D 2020 %T The Role of Academics, Users, and Customers in Industrial Product Development %A Leena Kunttu %A Yrjö Neuvo %K commercialization %K customer involvement %K stakeholder involvement %K University-Industry Collaboration %K user involvement %X Industrial research and development (R&D) is often adopted as a leading strategy for innovation in high-technology firms. It has been recognized that collaboration with external actors has become increasingly crucial for R&D practices in a world where product and service innovation are increasingly challenging for companies involved in knowledge-intensive technology areas. Thus, high-technology firms are increasingly engaging in collaborative relationships with external stakeholders to transfer valuable new knowledge for industrial purposes, or to create new knowledge through a joint learning process. These external stakeholders may include research institutes such as universities, customer firms, or end users of the firm's products or services. Academic involvement in industrial innovation projects has traditionally focussed on the early stages of a product's development process, when new ideas and innovations are being developed. On the other hand, the interaction between a firm and its customers takes place during the final stages of the R&D process, when innovations are brought to market. In this paper, we explore how users and customers can be involved in university-industry collaboration projects from the beginning of the product development process. Based on a case study comprising five long-term university-industry collaborations in Finland, this paper presents collaborative practices through which academic actors, users, and industrial customers may actively take part in the industrial innovation processes. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 10 %P 60-69 %8 03/2020 %G eng %U timreview.ca/article/1337 %N 3 %1 University of Vaasa Leena Kunttu holds a PhD degree in Information Technology (signal processing) from the Tampere University of Technology, Finland (2006), a PhD degree in Economics (innovation management) from the University of Vaasa, Finland (2019), and Master of Arts degree in Education from the University of Tampere (2020). Between 2007 and 2012, she served as Senior Manager in an area of innovation at the Nokia Corporation. During her career in Nokia, she led a number of collaborative projects between the company and external research institutes, such as universities. She also led and participated in joint educational activities between Nokia and universities. Since 2015, Dr. Kunttu has served as a postdoc researcher in an area of innovation at the University of Vaasa. Her current research interests include university-industry collaboration, educational involvement and the commercialization of university technologies. %2 Aalto University Yrjö Neuvo received his Ph. D, degree from Cornell University in 1974. He had a 19-year academic career as professor of Signal Processing at Tampere University of Technology, as National Research Professor at the Academy of Finland and as a visiting professor at University of California, Santa Barbara. He was Chief Technology Officer and member of the Group Executive Board at Nokia Corporation from 1993 to 2005. His responsibilities included managing R&D activities for mobile phones. After retiring from Nokia he started his third career as Professor and Research Director at Aalto University, Finland. At Aalto, Yrjö has developed university wide programs for doctoral education fostering cross-disciplinary learning and industry-academia interplay. He has been Chairman of ARTEMIS JTI Governing Board 2007 – 2008 and member of the Executive Committee of European Institute of Innovation and Technology (EIT) 2008 - 2012. He was General Chairman of the 1988 IEEE International Symposium on Circuits and Systems and of the IEEE International Conference on Communications (ICC 2001). He is Life Fellow of IEEE, Member of Academia Europaea, the Swedish Academy of Technical Sciences, two Finnish Academies and holds four honorary doctorates. Asteroid 1938 DN carries his name Neuvo. %& 60 %R http://doi.org/10.22215/timreview/1337 %0 Journal Article %J Technology Innovation Management Review %D 2019 %T Editorial: Technology Commercialization and Entrepreneurship (January 2019) %A Chris McPhee %A Ferran Giones %A Dev K. Dutta %K commercialization %K digitalization %K e-leadership %K entrepreneurship %K framework %K innovation %K internationalization %K legitimacy %K management %K SMEs %K startups %K technology %K technology intensity %K ventures %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 9 %P 3-8 %8 01/2019 %G eng %U https://timreview.ca/article/1207 %N 1 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa, Canada, and BScH and MSc degrees in Biology from Queen’s University in Kingston, Canada. He has nearly 20 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %2 University of Southern Denmark Ferran Giones is an Assistant Professor at the University of Southern Denmark in Sønderborg. He received his PhD from La Salle – Ramon Llull University in Barcelona, Spain. His research field is technology entrepreneurship, where he explores how and when technological progress transforms into entrepreneurial activity, and how this entrepreneurial activity results in sustainable organizations and innovative ecosystems. %3 University of New Hampshire Dev K. Dutta is an Associate Professor of Strategic Management and Entrepreneurship in the Management Department at the University of New Hampshire in the United States. His research and teaching focus on the intersection of entrepreneurship and innovation, especially the way these concepts apply at the firm and ecosystem levels. Dev has over 25 research publications in his field in peer-reviewed journals as well as books, book chapters, and research monographs. He also holds national certifications as an academic coach and facilitator in technology entrepreneurship, innovator mindset, lean launch pad, and design thinking (MIT and Stanford D-School). Before joining academia, Dev worked for 15 years as a corporate strategy consultant for several large Indian IT multinationals. %R http://doi.org/10.22215/timreview/1207 %0 Journal Article %J Technology Innovation Management Review %D 2019 %T E-Leadership in Small and Medium-Sized Enterprises in the Developing World %A Maksim Belitski %A Bain Liversage %K commercialization %K developing country %K digital technology %K e-leadership %K small- and medium-sized enterprises %K SMEs %X Small- and medium-sized enterprises (SMEs) play an important role in the economies of many developing countries. A critical challenge faced by SME leaders, as digitization continues, is how to adopt digital technologies to create value and enable faster product commercialization. There is a paucity of empirical research examining how e-leadership in SMEs drives technology and new product commercialization processes in the developing world. In this study, we have broadened the notion of what constitutes e-leadership, from the perspective of how advanced information technologies affect the leadership dynamic and the appropriation of advanced information technologies. Although there have been several studies on leading technologies in developed countries, we focus on developing an e-leadership framework for SMEs in developing economies. Using this framework and five selection criteria, we conducted 11 interviews with a sample of successful SMEs selected from a pool of 2,240 firms in the city of Johannesburg, South Africa. We conclude by highlighting the five key findings of this study, which explain how SMEs can develop effective e-leadership to foster commercialization and improve firm performance. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 9 %P 64-74 %8 01/2019 %G eng %U https://timreview.ca/article/1212 %N 1 %1 University of Reading Maksim Belitski is an Associate Professor in the Henley Business School at the University of Reading, United Kingdom. He holds a PhD in Applied Economics from the University of Leicester, UK, and a PhD in Economics from the University of Milan, Italy. He is a Trusted Researcher of the Secure Data Service, UK Data Archive and Virtual Micro-data Lab, Office of National Statistics, UK. His research interests lie in the area of entrepreneurship, innovation, and regional economics, with a focus on entrepreneurship as a spillover of knowledge and creativity. He is an editor of the Small Business Economics Journal. %2 Smartcom Bain Liversage is the CEO at Smartcom in Johannesburg, South Africa. His research focuses on businesses and the people in business, in particular, what makes people make choices, grow, and fail. Bain has over 10 years of experience as an executive manager and CEO in the ICT sector as well as in strategy, finance, operations, human resources, and networking. He manages a variety of sales teams and individuals, including a broad range of executive decision-making activities related to technology adoption. He gained his MBA from Henley Business School in Johannesburg, South Africa. %R http://doi.org/10.22215/timreview/1212 %0 Journal Article %J Technology Innovation Management Review %D 2018 %T Editorial: Insights (September 2018) %A Chris McPhee %K commercialization %K emerging economies %K entrepreneurial marketing %K export %K globalization %K lean %K partnerships %K transnational entrepreneurship %K trust %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 8 %P 3-3 %8 09/2018 %G eng %U https://timreview.ca/article/1181 %N 9 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa, Canada, and BScH and MSc degrees in Biology from Queen’s University in Kingston, Canada. He has nearly 20 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %R http://doi.org/10.22215/timreview/1181 %0 Journal Article %J Technology Innovation Management Review %D 2017 %T Accelerating Research Innovation by Adopting the Lean Startup Paradigm %A Kaisa Still %K commercialization %K context %K innovation %K innovation acceleration %K innovation paradox %K lean startup %K research %K research organization %K VTT %X Converting scientific expertise into marketable products and services is playing an increasingly important role in the launching of new ventures, the growth of existing firms, and the creation of new jobs. In this article, we explore how the lean startup paradigm, which validates the market for a product with a business model that can sustain subsequent scaling, has led to a new process model to accelerate innovation. We then apply this paradigm to the context of research at universities and other research organizations. The article is based on the assumption that the organizational context matters, and it shows how a deeper understanding of the research context could enable an acceleration of the innovation process. We complement theoretical examples with a case example from VTT Technical Research Institute of Finland. Our findings show that many of the concepts from early-acceleration phases – and the lean startup paradigm – can also be relevant in innovation discussions within the research context. However, the phase of value-proposition discovery is less adequately addressed, and that of growth discovery, with its emphasis on building on a scalable, sustainable business does not seem to be addressed with the presented innovation approaches from the research context. Hence, the entrepreneurial activities at the research context differ from those in startups and internal startups in established organizations. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 7 %P 32-43 %8 05/2017 %G eng %U http://timreview.ca/article/1075 %N 5 %1 VTT Technical Research Centre of Finland Kaisa Still is a Senior Scientist at VTT Technical Research Centre of Finland. She has extensive experience of innovation management gained within a research organization and a university, in a startup and in growth companies, as well as in a business incubator. Supporting collaboration, co-creation and innovation with technology continues to be at the core of her interests. Her current work concentrates on platforms and innovation ecosystems, accelerating innovation activities, and digital opportunities. Combined with the policy perspective, her work extends to private and public organizations, in regional and global contexts. %R http://doi.org/10.22215/timreview/1075 %0 Journal Article %J Technology Innovation Management Review %D 2017 %T Q&A. Are Universities Ready for Knowledge Commercialization? %A Mohammad Saud Khan %K commercialization %K entrepreneurship %K knowledge %K research %K technology transfer %K universities %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 7 %P 63-68 %8 07/2017 %G eng %U http://timreview.ca/article/1091 %N 7 %1 Victoria University of Wellington Mohammad Saud Khan, PhD, is a Lecturer (Assistant Professor) in the area of Strategic Innovation and Entrepreneurship at Victoria University of Wellington, New Zealand. Before taking up this role, he was positioned as a Postdoctoral Researcher at the University of Southern Denmark. Having a background in Mechatronics (Robotics & Automation) Engineering, he has worked as a field engineer in the oil and gas industry with Schlumberger Oilfield Services in Bahrain, Saudi Arabia, and the United Kingdom. His current research interests include innovation management (especially the implications of big data and 3D printing), technology, and social media entrepreneurship. %R http://doi.org/10.22215/timreview/1091 %0 Journal Article %J Technology Innovation Management Review %D 2015 %T Editorial: Cybersecurity (January 2015) %A Chris McPhee %A Tony Bailetti %K automotive manufacturing %K botnet takedowns %K botnets %K commercialization %K critical infrastructure %K cyber-attacks %K cybersecurity %K employee training %K gamification %K Internet %K outsourcing %K quantum key distribution %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 5 %P 3-4 %8 01/2015 %G eng %U http://timreview.ca/article/860 %N 1 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa and BScH and MSc degrees in Biology from Queen's University in Kingston. He has over 15 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %2 Carleton University Tony Bailetti is an Associate Professor in the Sprott School of Business and the Department of Systems and Computer Engineering at Carleton University, Ottawa, Canada. Professor Bailetti is the Director of Carleton University's Technology Innovation Management (TIM) program. His research, teaching, and community contributions support technology entrepreneurship, regional economic development, and international co-innovation. %R http://doi.org/10.22215/timreview/860 %0 Journal Article %J Technology Innovation Management Review %D 2015 %T Identifying the Challenges in Commercializing High Technology: A Case Study of Quantum Key Distribution Technology %A Anas Al Natsheh %A Saheed A. Gbadegeshin %A Antti Rimpiläinen %A Irna Imamovic-Tokalic %A Andrea Zambrano %K after-sales services %K certification %K challenges %K commercialization %K high technology %K infrastructure %K market size %K quantum key distribution %K standards %K supply chains %X This article examines the challenges in commercializing high technologies successfully and sustainably using quantum key distribution (QKD) technology as a case study. Quantum communication is increasingly relevant to cybersecurity and nanotechnology, which will replace current technologies and change the way we live. To understand how such high technology could be successfully commercialized, we interviewed individuals from four metrology institutions and two international companies. The result revealed that scattered and small markets, supply chain development, technology validation/certification, a lack of available or adequate infrastructure, and after-sales services are the most serious challenges facing successful commercialization of quantum communication technology. To validate these challenges, we conducted a survey of 60 experts, 49 of whom agreed that above-mentioned factors could affect the commercialization success of QKD technology. Likewise, the survey revealed that technical development, customer orientation/awareness, and government regulations could also hinder the commercialization of QKD technology. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 5 %P 26-36 %8 01/2015 %G eng %U http://timreview.ca/article/864 %N 1 %1 CEMIS-Oulu Anas Al Natsheh is a Senior Business Advisor at the Centre for Measurement and Information Systems (CEMIS-Oulu) in Oulu, Finland, and he is a Principal Lecturer in Research, Development, and Innovation (RDI) at Kajaani University of Applied Sciences, also in Finland. He is an expert in empirical researches, research valorization, and technology commercialization. He holds a PhD from the University of Kuopio (now the University of Eastern Finland), where his research focused on the applications of nanotechnology. %2 University of Oulu Saheed Adebayo Gbadegeshin is a Project Researcher at the University of Oulu in Finland, and he is a Project Staff member at Kajaani University of Applied Sciences, also in Finland. He holds an MSc degree in Entrepreneurship from the University of Jyväskylä in Finland. His research interests include technology-based entrepreneurship, technology commercialization, and family-run businesses. %3 University of Oulu Antti Rimpiläinen is a Project Researcher at the University of Oulu in Finland and a Project Staff member at Kajaani University of Applied Sciences, also in Finland. He holds an MSc degree in Economics and Business Administration from the University of Oulu in Finland. His research interests include technology-based entrepreneurship, technology commercialization, networking, and international business. %4 University of Oulu Irna Imamovic-Tokalic is a Project Staff member at the Kajaani University of Applied Sciences in Finland. She holds a BSc degree in Macrofinancial Management from the University of Sarajevo, Bosnia. Her research interests include technology commercialization, digital media and marketing, graphic design, and financial management. %# University of Oulu Andrea Zambrano is a Project Researcher at the Kajaani University of Applied Sciences in Finland. She holds a master’s degree in Financial and Management Accounting from the University of Oulu in Finland, and in International Economics from the University of Antwerp in Belgium. Her research interests include financial management, research cooperation with Latin-American regions, and economic impact studies with focuses on benefit-cost analyses, financial analyses, and forecasting. %R http://doi.org/10.22215/timreview/864 %0 Journal Article %J Technology Innovation Management Review %D 2014 %T Commercialization and Public Good: Conflict, Complement, or Critical Component? %A R. Sandra Schillo %K commercialization %K intellectual property %K public good %K publicly funded science %K science in society %K societal benefits %K technology transfer %K university research %X The controversy regarding the role of science in society – and how science can best achieve its role – may well date as far back as the beginnings of science itself. The specific arguments and the possible mechanisms for science to impact society, however, have changed over time. This article picks up the conversation with regards to the specific role of publicly funded science, presuming, similar to Brecht in this article's opening quotation, that publicly funded science has the goal of making positive contributions to society. To achieve this goal, today’s scientists and research managers face a myriad options of publication venues, protection mechanism, and collaborations with external partners including licensing and other options for commercialization. Oftentimes, the goal of achieving positive contributions to society is perceived as being in fundamental conflict with the restrictions many commercialization arrangements place on the use of knowledge. This article argues that, although commercialization may at times conflict with the goal of achieving positive contributions to society, it can also be complementary to pursuits towards societal contributions, or even a critical component in achieving the desired positive contributions to society. More specifically, it suggests that the use of the term “science for the public good” as description of the goal to achieve positive societal contributions might create confusion with the economic term “public good”. Thus, it seeks to reframe the discussion of how science can contribute to society in an era of increased openness and interaction. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 4 %P 27-35 %8 07/2014 %G eng %U http://timreview.ca/article/810 %N 7 %1 University of Ottawa R. Sandra Schillo is an Assistant Professor at the Telfer School of Management at the University of Ottawa, Canada. Sandra completed her doctoral studies at the Institute for Entrepreneurship and Innovation Management, University of Kiel, Germany and obtained her Masters' degree in Engineering Management from the University of Karlsruhe, Germany. Her professional work experience includes employment and consulting assignments with many of Canada’s federal science-based departments and agencies and other organizations active in innovation and entrepreneurship in Canada. Sandra teaches innovation and entrepreneurship at the undergraduate and master’s levels. Her research agenda focuses on the impact of research and innovation, and explores the application of new methodologies to capturing measures of innovation and entrepreneurship and their outcomes. %R http://doi.org/10.22215/timreview/810 %0 Journal Article %J Technology Innovation Management Review %D 2014 %T Editorial: Innovation and Entrepreneurship (December 2014) %A Chris McPhee %K 3D printing %K business models %K commercialization %K disruption %K entrepreneurship %K innovation %K innovation capacity %K innovation culture %K patents %K social entrepreneurship %K social innovation %K spinoffs %K university technology transfer %K value propositions %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 4 %P 3-5 %8 12/2014 %G eng %U http://timreview.ca/article/852 %N 12 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa and BScH and MSc degrees in Biology from Queen's University in Kingston. He has over 15 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %R http://doi.org/10.22215/timreview/852 %0 Journal Article %J Technology Innovation Management Review %D 2014 %T Turning Technology into Business Using University Patents %A Dap Hartmann %K commercialization %K entrepreneurship education %K multi-disciplinary team work %K patents %K student entrepreneurs %K technology entrepreneurship %K university research %X We present an education paradigm that stimulates innovation and entrepreneurship through a master's-level university course: "Turning Technology into Business". The course was specifically designed to connect technological research with education using patented technologies developed at the research faculties of a technical university in the Netherlands. We outline the structure and the main content of the course and explain the selection process of both the patents used in the course and the students admitted to the course. This program was initiated at Delft University of Technology in 2003 and has resulted in 10 startups that have commercialized new technologies and at least two additional dozen startups that are indirect spinoffs. To illustrate the potential of this approach, we describe the case of Holland Container Innovations, a company founded by students who developed a foldable sea container during the course. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 4 %P 37-43 %8 12/2014 %G eng %U http://timreview.ca/article/856 %N 12 %1 Delft University of Technology Dap Hartmann is an Associate Professor of Innovation Management and Entrepreneurship at Delft University of Technology in the Netherlands. He holds has a PhD in Astronomy (Leiden, 1994) and worked as a Visiting Scientist at the Harvard-Smithsonian Center for Astrophysics in Cambridge, MA. He is a five-time recipient of the New Venture Prize for the best entrepreneurship education in the Netherlands. In 2010, he received the Delft Entrepreneurial Motivator award. Together with composer and conductor Reinbert de Leeuw, he is currently writing a book on 20th century classical music. %R http://doi.org/10.22215/timreview/856 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? %A Stephen A. Hurwitz %K 2013 Venture Capital Action Plan %K Canada %K commercialization %K labour-sponsored venture capital corporations %K VC %K venture capital %X Lack of funding is a major challenge to innovation in Canada’s emerging technology industry. This article will focus on this supply-side challenge within the complex venture capital ecosystem and discuss: i) the current shortage of venture capital available to commercialize Canada’s R&D; ii) the causes and consequences of that venture capital shortage; iii) how the federal government will address this shortage through its innovative 2013 Venture Capital Action Plan, which commits $400 million and seeks to raise at least another $800 million from outside investors; and iv) how a separate decision in the federal 2013 budget to phase out federal tax credits for labour-sponsored venture capital funds could imperil the 2013 Venture Capital Action Plan. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 26-31 %8 09/2013 %G eng %U http://timreview.ca/article/725 %N 9 %1 Choate, Hall & Stewart LLP Stephen Hurwitz is a partner at the Boston-based law firm of Choate, Hall & Stewart LLP, specializing in Canada-US cross-border transactions involving venture capital and private equity and technology and life sciences companies. He has served as a speaker/panelist at many of the venture capital, technology, and life sciences conferences in Canada and is author of numerous published articles on the Canadian venture capital ecosystem. He has also served as visiting lecturer on venture capital and emerging technology company issues at the MIT Sloan Entrepreneurship Development Program, Harvard Business School, and Harvard Law School. He is co-founder of the non-profit Quebec City Conference, an annual by-invitation only international gathering of leading venture capital, private equity, and institutional investors. Mr. Hurwitz received an A.B. from Cornell University and a J.D. from Cornell Law School. %R http://doi.org/10.22215/timreview/725 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Editorial: Managing Innovation for Tangible Performance (October 2013) %A Chris McPhee %A Sorin Cohn %K applied research %K boundary management %K commercialization %K company culture %K competitiveness %K firm-level innovation management %K innovation literacy %K innovative capabilities %K managing innovation %K market lifecycle %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 3-5 %8 10/2013 %G eng %U http://timreview.ca/article/730 %N 10 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa and BScH and MSc degrees in Biology from Queen's University in Kingston. He has over 15 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %2 BD Cohnsulting Inc. Sorin Cohn has 35 years of international business and technology experience, having been involved in most facets of innovation development: from idea to research and lab prototype, from technology to product, and then to market success on the global stage. He has developed new technologies, created R&D laboratories, started new product lines, and initiated and managed new business units. Sorin has several essential patents in web services, wireless, and digital signal processing, as well as over 70 publications and presentations. He has also been Adjunct Professor at the University of Ottawa. He is a Killam Scholar, and he holds a PhD in Electrical Engineering, an MSc in Physics, and an MEng in Engineering Physics. Sorin is President of BD Cohnsulting Inc. As well, he acts as Leader of Innovation Metrics at The Conference Board of Canada and as Chief Program Officer of i-CANADA. He is also Member of the Board of Startup Canada as well as the Board of the Centre for Energy Efficiency. %R http://doi.org/10.22215/timreview/730 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Editorial: Managing Innovation for Tangible Performance (September 2013) %A Chris McPhee %A Sorin Cohn %K commercialization %K competitiveness %K firm-level innovation management %K innovative capabilities %K managing innovation %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 3-5 %8 09/2013 %G eng %U http://timreview.ca/article/721 %N 9 %1 Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa and BScH and MSc degrees in Biology from Queen's University in Kingston. He has over 15 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. %2 BD Cohnsulting Inc. Sorin Cohn has 35 years of international business and technology experience, having been involved in most facets of innovation development: from idea to research and lab prototype, from technology to product, and then to market success on the global stage. He has developed new technologies, created R&D laboratories, started new product lines, and initiated and managed new business units. Sorin has several essential patents in web services, wireless, and digital signal processing, as well as over 70 publications and presentations. He has also been Adjunct Professor at the University of Ottawa. He is a Killam Scholar, and he holds a PhD in Electrical Engineering, an MSc in Physics, and an MEng in Engineering Physics. Sorin is President of BD Cohnsulting Inc. As well, he acts as Leader of Innovation Metrics at The Conference Board of Canada and as Chief Program Officer of i-CANADA. He is also Member of the Board of Startup Canada as well as the Board of the Centre for Energy Efficiency. %R http://doi.org/10.22215/timreview/721 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Keystone Business Models for Network Security Processors %A Arthur Low %A Steven Muegge %K business ecosystems %K business model innovation %K commercialization %K cybersecurity %K platforms %K semiconductors %K technology entrepreneurship %X Network security processors are critical components of high-performance systems built for cybersecurity. Development of a network security processor requires multi-domain experience in semiconductors and complex software security applications, and multiple iterations of both software and hardware implementations. Limited by the business models in use today, such an arduous task can be undertaken only by large incumbent companies and government organizations. Neither the “fabless semiconductor” models nor the silicon intellectual-property licensing (“IP-licensing”) models allow small technology companies to successfully compete. This article describes an alternative approach that produces an ongoing stream of novel network security processors for niche markets through continuous innovation by both large and small companies. This approach, referred to here as the "business ecosystem model for network security processors", includes a flexible and reconfigurable technology platform, a “keystone” business model for the company that maintains the platform architecture, and an extended ecosystem of companies that both contribute and share in the value created by innovation. New opportunities for business model innovation by participating companies are made possible by the ecosystem model. This ecosystem model builds on: i) the lessons learned from the experience of the first author as a senior integrated circuit architect for providers of public-key cryptography solutions and as the owner of a semiconductor startup, and ii) the latest scholarly research on technology entrepreneurship, business models, platforms, and business ecosystems. This article will be of interest to all technology entrepreneurs, but it will be of particular interest to owners of small companies that provide security solutions and to specialized security professionals seeking to launch their own companies. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 25-33 %8 07/2013 %G eng %U http://timreview.ca/article/703 %N 7 %1 Crack Semiconductor Arthur Low is the founder and Chief Executive Officer of Crack Semiconductor, a supplier of high-performance cryptographic silicon IP used in some of the most demanding security applications. Arthur has a number of patents in the field of hardware cryptography. He has worked for a number of IC startups as a Senior IC designer and Architect and gained much of his fundamental IC design experience with Bell-Northern Research in the early 1990s and with IBM Microelectronics in the late 1990s. Arthur has a BSc degree in Electrical Engineering from the University of Alberta in Edmonton, Canada, and is completing his MSc degree in Technology Innovation Management in the Department of Systems and Computer Engineering at Carleton University in Ottawa, Canada. %2 Carleton University Steven Muegge is an Assistant Professor at the Sprott School of Business at Carleton University in Ottawa, Canada, where he teaches within the Technology Innovation Management (TIM) program. His research interests include open and distributed innovation, technology entrepreneurship, product development, and commercialization of technological innovation. %R http://doi.org/10.22215/timreview/703 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Q&A. What Are the Components of Canada's Innovation Ecosystem and How Well Is it Performing? %A David B. Watters %K academia %K commercialization %K innovation %K innovation ecosystem %K performance %K policy %K private sector %K public sector %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 38-41 %8 09/2013 %G eng %U http://timreview.ca/article/727 %N 9 %1 Global Advantage Consulting Group David B. Watters is President and CEO of the Global Advantage Consulting Group in Ottawa, Canada, which helps public and private sector organizations to develop growth strategies, to develop new collaboration networks and business models, to design new support services for industry, to enter new commercial markets, and to design measurement systems to monitor performance. His firm also designs and builds “ecosystem maps” to visualize client investments in programs and projects in areas of new technology development, innovation/commercialization expansion, energy/climate change, and trade. David holds an Economics degree from Queen’s University in Kingston, Canada, as well as a Law degree in corporate, commercial, and tax law from Queen’s Law School. As an adjunct Professor at the University of Ottawa's School of Management, he taught International Negotiation to MBA students for seven years. His 30-year career in the Government of Canada included responsibilities as an Assistant Deputy Minister in a variety of economic ministries including Industry Canada, the Treasury Board, and Finance Canada. %R http://doi.org/10.22215/timreview/727 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Reinventing the Wheel: Contextualizing Existing Innovations as a Path to Market Success %A Jeff Moretz %A Karthik Sankaranarayanan %A Jennifer Percival %K commercialization %K contextualization of innovation %K Innovation management %K market-focused innovation %K organization %X In the quest to create cutting-edge products, organizations often invest substantial time, attention, and capital in primary research and development (R&D). By themselves, these R&D investments to create avant-garde products may not provide good return-on-investment. In the context of Canadian businesses, there is a significant scarcity of resources available for R&D. What can Canadian firms do to stay innovative when they face a plethora of difficulties, including insufficient funding? This article explores how organizations can leverage external innovation and existing technologies to create products or services that cater to the market needs. We present a three-pillar model along with examples of companies that attained market success in large part by contextualizing existing technologies in order to create innovative products or services. This approach provides companies with a high-level framework to facilitate resource-parsimonious creation of commercializable, innovative products that are competitive in today’s global marketplace. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 16-21 %8 10/2013 %G eng %U http://timreview.ca/article/732 %N 10 %1 University of Ontario Institute of Technology Jeff Moretz is Assistant Professor of Strategy and Entrepreneurship at the University of Ontario Institute of Technology (UOIT) in Oshawa, Canada. He obtained his PhD from the University of Texas at Austin, USA, and has an MBA and two undergraduate degrees from Michigan State University, USA. He is a recovering consultant, having worked for McKinsey & Company in Chicago after his MBA studies. Prior to joining the UOIT, he worked at University College Cork in Ireland, researching open source software communities and open innovation. His research interests focus on the impact of information, openness, and information technologies on innovation, business models, and strategies. %2 University of Ontario Institute of Technology Karthik Sankaranarayanan is an Assistant Professor of Operations Management at the University of Ontario Institute of Technology in Oshawa, Canada. He earned a PhD degree in Economics and a Master’s degree in Embedded Systems from the University of Lugano, Switzerland, as well as a Bachelor’s degree in Electrical and Electronics Engineering from the University of Madras in Chennai, India. Prior to joining UOIT, he was a visiting scholar at the New England Complex Systems Institute in Cambridge, USA, where he explored agent-based modelling of complex systems. His research encompasses simulation and modelling of complex systems, and the broader behavioural operations field. Recently, he has become involved in a collaborative study on the application of an open innovation framework in the services sector. %3 University of Ontario Institute of Technology Jennifer Percival is Associate Professor and Associate Dean of Programs in the Faculty of Business and Information Technology at the University of Ontario Institute of Technology in Oshawa, Canada. She holds a BMath in Operations Research and a PhD in Management Sciences from the University of Waterloo, Canada. Her research focus is on the strategic use of technology and innovation, including the effective use of technological innovations in order to determine the optimal allocation of IT investments for various organizational cultures to support e-services and e-health initiatives. She is also actively involved in research surrounding the use of process-modelling techniques to support change management, innovation, and technology integration in services. %R http://doi.org/10.22215/timreview/732 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T TIM Lecture Series – Enhancing Competitive Position Through Innovation Beyond R&D %A Sorin Cohn %K Canada %K commercialization %K competition %K culture %K entrepreneurship %K globalization %K innovation %K managing innovation %K metrics %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 34-38 %8 05/2013 %G eng %U http://timreview.ca/article/686 %N 5 %1 BD Cohnsulting Inc. Sorin Cohn has 35 years of international business and technology experience, having been involved in most facets of innovation development: from idea to research and lab prototype, from technology to product, and then to market success on the global stage. He has developed new technologies, created R&D laboratories, started new product lines, and initiated and managed new business units. Sorin has several essential patents in web services, wireless, and digital signal processing, as well as over 70 publications and presentations. He has also been Adjunct Professor at the University of Ottawa. He is a Killam Scholar, and he holds a PhD in Electrical Engineering, an MSc in Physics, and an MEng in Engineering Physics. Sorin is President of BD Cohnsulting Inc. As well, he acts as Leader of Innovation Metrics at The Conference Board of Canada and as Chief Program Officer of i-CANADA. He is also Member of the Board of Startup Canada as well as the Board of the Centre for Energy Efficiency. %R http://doi.org/10.22215/timreview/686 %0 Journal Article %J Technology Innovation Management Review %D 2013 %T Time to Innovate: Reflections and Recommendations on Time Management for Innovation Managers %A Robert J. Crawhall %K commercialization %K innovation %K product development %K technology %K time management %X Effective time management is a critical success factor for most projects; however, it is particularly challenging for projects involving substantial innovation. For most projects, time (i.e., the schedule) becomes a management "red flag" that signals when something goes wrong or gets out of control. The challenge for projects involving significant innovation is that one or more critical activities may be of an unknown duration or involve factors outside the normal design process and require "red flagging" from the outset. Managers of innovation projects have to distinguish between those activities or work packets that are a part of “business as usual” and those that involve innovation. They must identify and quantify the schedule risks and develop strategies to mitigate them. For example, one strategy to manage time-related risk is to decouple the innovation value as perceived by the customer (innovation output) from the technology innovation that is needed to deliver the product value in a cost-effective manner (innovation input). This strategy should take into account the likely consequences of longer-than-anticipated innovation time. Two common risks associated with poor time management for innovation are running out of financial runway to reach sustainable revenue and missing a critical market window. In this article, the author reflects on almost 30 years of experience in the Canadian innovation system across several industry sectors and provides some practical recommendations on time management for innovation managers. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 3 %P 13-19 %8 09/2013 %G eng %U http://timreview.ca/article/723 %N 9 %1 Innoxec Innovation Executive Services Robert Crawhall is Principal Consultant at Innoxec Innovation Executive Services. He works with senior managers of companies and organizations on the development and implementation of innovation strategy. He is Board member with the ArboraNano Business-Led Network of Centres of Excellence, NanoOntario, and the Canadian Association of Security and Intelligence Studies. He is formerly COO of Precarn Inc. a federal pre-commercialization fund for intelligent systems companies, CEO of NanoQuébec, Executive Director of the Ontario Research Network in Electronic Commerce, CEO of the National Capital Institute of Telecommunications. He held three Director roles at Nortel in Strategic Planning, Advanced Research Networks, and Disruptive Technologies as well as four management roles in technology development with BNR and Northern Telecom Electronics. He started his career with General Electric (Canada) in manufacturing engineering and with Sulzer (Canada) in project management for nuclear energy systems. He holds degrees in Mechanical and Electrical Engineering from McGill University in Montreal, Canada, and a PhD in Electrical Engineering from the University of Ottawa, Canada. He is a registered professional engineer in the province of Ontario, a member of the IEEE, and a certified project management professional (PMP). %R http://doi.org/10.22215/timreview/723 %0 Journal Article %J Technology Innovation Management Review %D 2012 %T Business Model Discovery by Technology Entrepreneurs %A Steven Muegge %K business models %K commercialization %K innovation %K technology entrepreneurship %K value capture %K value creation %X Value creation and value capture are central to technology entrepreneurship. The ways in which a particular firm creates and captures value are the foundation of that firm's business model, which is an explanation of how the business delivers value to a set of customers at attractive profits. Despite the deep conceptual link between business models and technology entrepreneurship, little is known about the processes by which technology entrepreneurs produce successful business models. This article makes three contributions to partially address this knowledge gap. First, it argues that business model discovery by technology entrepreneurs can be, and often should be, disciplined by both intention and structure. Second, it provides a tool for disciplined business model discovery that includes an actionable process and a worksheet for describing a business model in a form that is both concise and explicit. Third, it shares preliminary results and lessons learned from six technology entrepreneurs applying a disciplined process to strengthen or reinvent the business models of their own nascent technology businesses. %B Technology Innovation Management Review %V 2 %P 5-16 %8 04/2012 %G eng %U http://timreview.ca/article/545 %N 4 %1 Carleton University Steven Muegge is an Assistant Professor at the Sprott School of Business at Carleton University in Ottawa, Canada, where he teaches within the Technology Innovation Management (TIM) program. His research interests include open and distributed innovation, technology entrepreneurship, product development, and commercialization of technological innovation. The ideas presented in this article were an outcome of work with talented graduate students in the TIM program, mentoring first-time entrepreneurs in the Lead to Win, Ottawa Young Entrepreneurs (OYE), and Carleton Entrepreneurs programs, and his own research program on commercializing innovation. %R http://doi.org/10.22215/timreview/545 %0 Journal Article %J Technology Innovation Management Review %D 2012 %T Creativity: Linking Theory and Practice for Entrepreneurs %A Tom Duxbury %K commercialization %K creativity %K entrepreneurship %K innovation %X In this article, creativity research is brought into focus for those involved in the practice of entrepreneurship. The author provides a background on creativity research, how it is defined, and systems models that attempt to explain it. The author distinguishes between creative and innovative activities, and provides advice to entrepreneurs to help realize the creative potential of their organizations. The author reinforces the view that entrepreneurs create new value by investing in ideas, and specific recommendations are made for creating supportive structures, building teams of creative individuals, and successfully championing ideas to acquire the resources they need to produce innovations. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 2 %P 10-15 %8 08/2012 %U http://timreview.ca/article/594 %N 8 %1 Sprott School of Business Tom Duxbury is Entrepreneur in Residence at Wesley Clover Technologies, a private equity incubator. He is an advisor to many startups, having co-founded several technology ventures and been awarded a variety of patents. Tom received his engineering degree from the University of Waterloo and an MBA from Queen's University. He is currently completing his PhD in Management at the Sprott School of Business at Carleton University in Ottawa, where he teaches courses in entrepreneurship and innovation. %R http://doi.org/10.22215/timreview/594 %0 Journal Article %J Technology Innovation Management Review %D 2012 %T TIM Lecture Series: Leadership Position in Technology Entrepreneurship and Commercialization %A TIM Program %K commercialization %K global entrepreneurship %K leadership %K technology entrepreneurship %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 2 %P 49-53 %8 06/2012 %U http://timreview.ca/article/569 %N 6 %R http://doi.org/10.22215/timreview/569