community of value creation : creation of innovations 2012
DESCRIPTION
The Concept of Community of Value Creation is introduced in this presentation by Alex Krol (the founder of CrowdSynergy and Serendipity Venture Capital).TRANSCRIPT
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GENERATION OFINNOVATIONS
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Community of value creation (CVC)– the future of the world innovation ecosystem.
Alex Krol
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Shortage of opportunities and community of value creation
Part I
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Changes in the world innovation ecosystem
• Innovations = social lift
• The number of projects is growing
• Demand for financing is growing
• Shortage of access to venture capital is growing
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Key technologies
• Internet penetration
• Mobility and clouds
• Social technologies
• Pay systems
• Microfinance and crowdfunding
• Crowdsourcing
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Communities of Value Creation (CVC) – next step of social networks
Where do they live Internet, throughout the worldFocus Collective work
Aim Creation of innovationsPreconditions Growing shortage of opportunities
Capital Service, Crowdfunding, Collective investmentModell SaaS
Platforms Desktop, MobileMarkets C2C, C2B, B2C, B2B, C2G, B2G
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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CVC: how it works
• Self-government
• Economy of merits
• Reputation – currency
• Transparency, openness - standard
• Peer-to-peer - main principle
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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The model of relations between people
Partnership
Mentorship
Leadership
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Leaders
Meritocratic elites :
Authority + ability to lead people
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Users
Innovative entrepreneurs
Creative class
Specialists
Business angels
Investors
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Key users : Innovative entrepreneurs
• Constructive, non- conflict
• Aim – to create, not the power
• Mobile and full of initiative
• Can act and act without supporting of elite ( without capital)
• Obstacles don`t stop them
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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What are they searching for in CVC
• Opportunities to create innovations and startups
• People with shared thoughts and values
• Comptences and mentors
• Investments and support
• Spiritual brotherhood
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Opportunities of CVC
For entrepreneurs For specialists and investorsTo bring ideas and projects To find ideas and projectsTo get expertise To give expertiseTo get mentoring To give mentoringTo find team members To become team member
To make a dealTo take stock of investments of project members
Collective development of projectTo get involved new investors To invest To achieve success To sell shares and options
To To promote their ideas and products globally
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Varieties of CVC
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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In 53 from 193 countries
> 350 000 000 entrepreneurs
> 70 000 000innovative entrepreneurs
According to Global Entrepreneurship Monitorhttp://www.gemconsortium.org/
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Communities > 2000
Users in the world > 300 mln.
Involved capital > $1,6 bln.
Forecast in 2012 year > $3 bln.
Scale of phenomenon in 2011 ...
According to crowdsourcing.org@ Copyright 2012 CrowdSynergy
(www.crowdsynergy.com) Alex Krol
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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Summary• Sharp rising of entrepreneurs, shortage of opportunities and
technologies give rise to Community of Value Creation
• Key difference is creation of innovations and startups in all sectors
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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Global problems and restrictions of the world innovation ecosystems
Part II
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7 billion people in the World
And we have problems …
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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By 2030 costs on asset renewal of the world’s infrastructure will grow up to 70 trln. $
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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By 2030 costs of ecological and climate problems, discharge of shortage of energy and drinking water
will be around 95 trln. $.
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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By 2030 % of pension payments in developed countries will grow up to 50% of GDP
… and world’s volume shortage of pension obligations can go up to 200 trln. $
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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World economy is on the verge of recession. The problems with employment can lead to protests in 45 from 118 countries.
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Political methods are not working! We need innovations!
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Characteristics of the world innovation ecosystem
• Focus on investor`s profit and reduction of their risks
• Stress on infrastructure, not on people and their behaviour
• Main model – fund, incubator, industrial park
• Accent on searching for projects, not people
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
26@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
projects
Search & Applications
Selection
Incubation
Support
Stars
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The model of modern business incubators was invented 60 years ago.
Old logistics of projects selection and development. It is impossible to support everybody…
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How many people are we capable to involve in the innovation process?
No more than 0,2 - 0,3% of population of the Earth
But how many should we involve? 10, 15… 20%?@ Copyright 2012 CrowdSynergy
(www.crowdsynergy.com) Alex Krol
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Т
70% of people are used as cheap means of movement of weights into hard-to-reach places ...
Innovations should become the main activity, but not elementary logistics.This is the question of survival.
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Is the world innovation industry capable…
…to involve unlimited quantity of people?
…to develop unlimited quantity of ideas?
…to mobilize unlimited capital?
Globally and across the borders…
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Summary• The world innovation system :
– Can’t afford the scale of modern global problems
– Is not capable to involve the huge amount of people and capital (as it is required)
– Can not eliminate geographical disproportion in access to opportunities
– Can not take off the geo-political risks of enslaving technological dependence from elite club of countries
• New innovation system is needed, which can:– Work with huge quantity of people and ideas
– Mobilize much more capital
– Act globally
– Create geopolitical balance of interests@ Copyright 2012 CrowdSynergy
(www.crowdsynergy.com) Alex Krol
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Global network of Communities of Value Creation – the future of the world innovation ecosystem
Part III
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
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Key technological opportunities
• Global and across the borders
• Implication of huge quantity of people
• Huge quantity of projects
• Cost effective
• Scalable
@ Copyright 2012 CrowdSynergy (www.crowdsynergy.com) Alex Krol
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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Key differenceOld paradigm:
Value added =+ Capital+ People+ Concentrated opportunities
New paradigm:
Value added =+ Motivation+ Capital+ People+ Distributed opportunities (Technologies)
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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Outlook
In 10 years community of value creation will become the main source of:
• Opportunities• Innovations• Capital for innovations
In global scale
@ Copyright 2012 Crowd Synergy (www.crowdsynergy.com) Alex Krol
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Thank you for your patience!
Alex KrolFounder of CrowdSynergy
Service provider of solutions for innovation ecosystems management and creationChairman of the Board of Directors of CrowdSynergy (Russia)
Director of Strategy and R&D of Serendipity Venture Capital (Hong Kong)
Vasily Ryzhonkov (English version adaptation)Co-founder of CrowdSynergy