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Open Innovation Tour 2007
Stimulating new thinking with leading
organisations
Tour overview and objective
The Open Innovation Tour to California was run
at the request of members of the H-I Network to gain insights
to the current view of technologies and innovation approaches
in other leading organisations.
The objectives of the tour were to:
- Gain insight into technologies and methods
of US based new business developers and corporate venturers
- Get a view of technology trends
- Provide an update on the VC market and on
Corporate Venturing
- Attend the IBF Corporate Venturing and Strategic
Investing Conference
- Network with senior executive peers from
other leading organisations
The programme included visits to:
- Xerox Palo Alto Research Centre
- New technology markets and open innovation in research
labs
- Stanford Research International
- Advanced research and approaches to product and services
department
- WI Harper - Investment strategies
in Greater China and Asia
- Honda Strategic Ventures
- Corporate venture model in renewables, high tech and automotive
sector
- Applied Ventures - Corporate
venturing and managing investments with leading technology
research
- iDVentures - The transition
from a leading Acer corporate venture unit to an independent
venture fund
- Strategic Venture Association
dinner with very lively discussion
- IBF Conference - Capturing
Innovation through Corporate Venturing & Strategic Investing
Participating organisations
A key component of the tour was
the participation of senior executives responsible for new
business development, corporate venturing and corporate venture
capital in leading global organisations. These included Unilever,
Vodafone, Philips, BAE Systems, Ordnance Survey, QinetiQ and
Rolls Royce.
Participants also attended a dinner with the Strategic Venture
Association and executives from Sony, Motorola, Panasonic,
Kodak, Applied Materials and Wilson Sonsini Goodrich &
Rosati.
The conference provided an opportunity to listen to and network
with over 250 executives from leading corporates and VCs.
Participants comments
We received very complimentary comments
from each of the tour participants and the organisations we
visited.
“The tour was well organised and great fun. It provided
an insight into technology innovation development and exploitation
in the San Francisco Bay area through visits to key centres
such as the Palo Alto Research Centre and SRI International.
Through numerous networking opportunities on the Tour and
the IBF conference on Corporate Venturing I was able to establish
connections with key people in the corporate venturing and
venture capital fields in Silicon Valley and North America
generally.”
Glenn Round, VP Corporate Venturing, Rolls Royce
"The tour offered a great
networking opportunity; a chance to gain insights into how
others have addressed some of the options we are currently
considering. It was highly stimulating and well worth attending."
Alan Levenston, BAE Systems
“Good to share a lot
of insights with your tour members through Q&A's during
my presentation and the lunch afterwards.”
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