Knowledge and innovation: a tight interdependency

Any innovator knows from experience that knowledge is as important to him or her as mortar is to a mason. Knowledge is required at every step of the innovation process. Knowledge is the key resource in the generation of an innovative concept. We speak here about all types of knowledge, not only technical knowledge but also knowledge of markets, user ergonomics, business trends, geopolitics, and so forth. When an idea is found worth pursuing, further knowledge is needed during the engineering phase to implement the concept. In parallel, another layer of knowledge is required, this one to back one of the most critical phases of innovation—the process of shaping a business model and defining a marketing strategy for the new

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Mega-trends in employment and work organization

In parallel to the third Industrial Revolution, the world of work and employment is changing rapidly. Birth of the enterprise: from a marketplace of skills to employment Blanche Segrestin and Armand Hatchuel give a very clear history of employment and of the notion of an enterprise in their book Refonder l’Entreprise. A traditional factory, such as a textile factory, before the first Industrial Revolution, differed from today’s factories in two important ways. First, people rented out their skills to the factory—the worker was a supplier. The notion of a work contract did not exist, but rather there was a real marketplace of skills driven by demand (by factories) and supply (by workers). Second, the factory relied on inventions and innovations

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Toward the third Industrial Revolution: optimizing resources

The economist Adam Smith identified three key factors for economic growth: labor, capital, and resources. While the first and second Industrial Revolutions were mostly concerned with optimizing labor productivity and capital allocation, the third Industrial Revolution is expected to focus on optimizing resources. Resources are understood in a broad sense to include land, raw materials, energy, workspace, knowledge, human resources, and so forth. First Industrial Revolution: optimizing labor The first Industrial Revolution spanned from the late eighteenth century to the early nineteenth century and was characterized by dramatic improvements in the methods of producing material goods. The steam engine, invented by Jerónimo de Ayanz y Beaumont, commercialized by Thomas Newcomen and much improved by James Watt, replaced more traditional power

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Innovation: integrate the best state of knowledge in the world – Marc Giget

Integrate the best state of knowledge in the world To innovate is to integrate the best state of knowledge into creative products and services with the aim of improving life in society and for individuals. These three components: the knowledge, the creation and the improvement of life constitute the fundamental elements of all innovation procedures. They are, depending on the players and the periods, favored as the initiating factor.  Albert Meige and Jacques P.M. Schmitt let us run through these different approaches and sensibilities in respect of innovation procedures: technical push and innovations originating from knowledge as the prime factor, valorization of the vision of the creator, designer, entrepreneur, human- centric innovations originating from expectations, dreams and wishes of individuals.

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Breakthrough Factory Interview: Albert Meige & Eric Kirstetter

The Breakthrough Factory is a new approach to systematically and efficiently create breakthrough innovations based on technology. Arthur D Little and Presans are partners in this brand new offering. Breakthrough Factory mastermind Eric Kirstetter, Partner at the ADL Paris office, and Albert Meige, Founder and CEO of Presans, give us their thoughts on the motivations behind this industrial open innovation game-changer. What has changed in the way industrial companies innovate today? Why are they putting their focus on breakthrough innovation? Eric Kirstetter: Products that add value in a way that gives you the option of either gaining market share, or of raising your price, are what breakthrough innovation is all about. What counts is the value as it is perceived

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The Entrepreneur Generation

It started in the late 1990s. Internet entrepreneurs were a new breed, low on the radar of these placid pre-9/11 years. Back in those days, the EU was self-confidently marching into a post-historical and post-heroic age. The tragic echoes of pre-market, pre-democratic times were fading into a distant memory. Nobody imagined the possibility of Brexit. People basically focused on making money, and everybody had decided the Internet was a good bet for that purpose. A popped bubble and several years later, this bet was proven to be fundamentally correct. Some of the biggest digital titans were born in this period. But most people coming into their twenties during the 2000s just tried hard to fit into existing economic structures. The

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Wizards of Disruption

Science-fiction writer Arthur C. Clarke formulated three laws regarding predictions: Clarke’s first law When a distinguished but elderly scientist states that something is possible, he is almost certainly right. When he states that something is impossible, he is very probably wrong. Clarke’s second law The only way of discovering the limits of the possible is to venture a little way past them into the impossible. Clarke’s third law Any sufficiently advanced technology is indistinguishable from magic. At Presans, we don’t believe in magic, but we do believe in tricks and sleights of hand. Sometimes very technical tricks . Magic isn’t real, but the perception of magic is. Thus, the third law implies both that there is no such thing as

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Interview with Two Wizards: Albert Meige & Rémi Larrousse

Albert Meige and Rémi Larrousse are both exemplars of a rare breed of magicians / entrepreneurs. They recently embarked on a completely new type of project: delivering innovation + magic corporate seminars for project-oriented companies who want to revamp their innovation strategy. In this interview for Open Your Innovation, they provide some background on this unique offering. * How did you guys meet? Albert: I went to see Rémi’s show. Then I googled him and I first thought there was another Rémi Larrousse who was an innovation consultant who’d gone to Sciences Po. After a while I eventually figured out both were the same person. Then I contacted Rémi through LinkedIn. It turned out we share a lot of connections… and

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HEC-Roundtable: Managers from GE, Safran, IBM, Total, Airbus Discuss Digitalization

On April 11, 2016, the HEC Advanced Technology Group organized a roundtable on the topic of the digitalization of capital-intensive industries. 120 people attended this sold-out event, which took place in the now well-known halls of Remix Coworking, rue des Petites Écuries. Albert Meige, CEO of industrial open innovation company Presans, handled host duties. The invited panelists were: Ghislaine Dukhan, Executive Vice-President Safran Analytics Jean-Philippe Desbiolles, Vice-President IBM Cognitive Solutions Denis Gardin, SVP New Technologies Ventures at Airbus Yves Le Stunff, Chief Digital Officer at Total Exploration & Production Robert Plana, Senior Engineer Emerging Technologies at General Electrics It’s no secret a big digital push is currently underway from all the major industrial players. How big? How disruptive? Are we sure

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