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Building Long Term Strategies and Public-private Alliances for Export Development

The Finnish Case

The Finish case of industrial renewal from essentially natural-resource- based industries toward machinery, engineering, electronics, and ICT is of particular relevance for Latin-American countries. The study explains the crucial role of the finish innovation system and the long-term public-private partnership in the industrial transformation towards a higher knowledge intensity and value added economy. The report recognizes the importance of innovation investments, but estimates as equal essential consistent long term strategies on facilitating conditions to build up, cooperative, confidential and dynamic innovation environment. Long term public-private partnership and broad cooperation within the industry as well as with other industries and the research sector, as exemplified by the "Triple Helix" alliance has been a key factor for economic success in Finland.

Contents Abstract ................................................................................................. 7 I.
Overview of succesful economic performance .......................... 9 A. Some general
characteristics .................................................. 9 B. Economic development .

The Experimental Nature of New Venture Creation

Capitalizing on Open Innovation 2.0

This book presents readers with the opportunity to fundamentally re-evaluate the processes of innovation and entrepreneurship, and to rethink how they might best be stimulated and fostered within our organizations and communities. The fundamental thesis of the book is that the entrepreneurial process is not a linear progression from novel idea to successful innovation, but is an iterative series of experiments, where progress depends on the persistence and resilience of the individuals involved, and their ability and to learn from failure as well as success. From this premise, the authors argue that the ideal environment for new venture creation is a form of “experimental laboratory,” a community of innovators where ideas are generated, shared, and refined; experiments are encouraged; and which in itself serves as a test environment for those ideas and experiments. This environment is quite different from the traditional “incubator,” which may impose the disciplines of the established firm too early in the development of the new venture. Featuring case examples of start-ups across a wide spectrum of industries, from Wikipedia to Ryanair, the authors explore the qualities of successful innovation, including a high tolerance of risk and unpredictability and commitment to building knowledge enterprises that value intangible assets. This volume is a clarion call to those in academia, enterprise, and government who seek to work together to promote innovation and entrepreneurship, with a stark message for academic institutions: engage or be left behind.

Ready access to the histories of previous start-ups would help new
entrepreneurs to learn from the successes and failures ... 11 describes
experiments in entrepreneurship training and new venture creation using the
Entrepreneurship Home® ...