Last week Facebook announced the release of Microsoft Docs -a collaborative project of Microsoft and Facebook- during the Facebook F8 conference.

In addition to the Microsoft Docs introduction of Lili Cheng, General Manager of FUSE Labs, you can read the following description of Microsoft Docs on the Fuse Labs website: 

“Discover. Create. Share.

Now you can discover, create, and share Microsoft Office documents with your Facebook friends. Built using Microsoft Office 2010 – Docs for Facebook provides the best possible document service for the Facebook environment.

Docs gives you a great, flexible social–productivity experience. You can decide who to share with… from privately creating, editing, and collaborating around docs, all the way to public sharing on the web. You can upload or start doc online, have someone help you edit it, incorporate feedback, and then share it with the world. Docs can be viewed and edited directly within a web browser – or, with a single click, you can edit them more richly and powerfully through the Microsoft Office software on your PC or Mac.

Seamless integration with Facebook means that the service is all about sharing your documents. Finally docs can be friendly too!”

Microsoft Docs – Some hands-on experiences

On the Microsoft Docs website you can find two video’s: (1) Welcome to Docs – Video Tutorial and (2) Getting Started for Docs – Video Tutorial. These video’s should give you a basic impression of the capabilities of Microsoft Docs. 

Furthermore I would like to recommend a Microsoft Docs hands-on tour article published on PCWorld by JR Raphael, a  contributing editor @ PCWorld and and the co-founder of eSarcasm. The article consists of pictures of the different steps of the document lifecycle.

Matt Singley, Senior Director of Social Media Strategy for M80, the leading provider of social media marketing and digital publicity services to Fortune 500 brands, has written an excellent article about Microsoft Docs as well and has some interesting feedback to share:

“You can visit the site and download existing homepage docs, but unfortunately full participation is still limited to beta users that have received an invite code. That means that until you are in the beta test group, you cannot actually upload anything…too bad.

I should also mention that I tried this site in four browsers: Internet Explorer, Firefox, Safari and Chrome. It worked great in all of them except Chrome initially; I got a compatibility error in the Google-born browser.”

Microsoft Docs vs. Google Docs

Just like Matt Singley and Jeremiah Owyang, Partner, Customer Strategy @ Altimeter Group  and Columnist for Forbes CMO Network, I expected this result from the strategic Microsoft Facebook partnership as an attempt to compete with the Google Docs service.

Mary-Jo Foley, Editor from the All About Microsoft Blog on ZDNet, describes Microsoft Docs as ”a version of Office Web Apps tailored for Facebook users“, while she furthermore states in the ZDNet article:

“Office Web Apps is going to be available to different sets of customers in different ways, Microsoft officials have said. Business users who want to run them inside a company on their own servers and/or via a Microsoft-hosted server will be required to pay some still-unknown subscription fee.”

Therefore I do think that it is fair to conclude that the Microsoft Docs vs Google Docs comparison is clearly wrong, since this is a different product offering aimed at a different target audience. I would decribe Microsoft Docs as a derivative of the Microsoft Office Web Apps that serve the more “general” market. I think it would make more sence to make a comparison between these two services !

Pat Kinsel from FUSE Labs also addresses the comparison with Google Docs in the Microsoft Docs overview on the website:

“There are other services out there that let you create and collaborate on documents.  And there are others that support sharing, discussing and discovering documents.  But what makes Docs special is it’s the only service that supports the complete document lifecycle.  That coupled with seamless integration of Microsoft Office 2010 and Facebook makes Docs the best possible document service for the Facebook environment.”

Overall thoughts and wrap-up

Microsoft and Facebook have already sucessfully teamed-up in the past, for example with the development of Facebook for Windows Phone that brings the Facebook experience to your Windows Mobile powered smartphone. 

If you think about Microsoft Docs from a more abstract level, than it is the combination of the world’s leading Office suite with one of the most powerful global social networks. A clever combination that might result in a new market opportunities for both Microsoft and Facebook. However I’m trying to think a little more about the business- and revenue model behind, mainly because of the currently advertising driven Facebook network.

John Obeto, Microsoft MVP and owner of Absolutely Windows, proposed an integrsting question in this context: “Will Facebook expose the contents of the docs on docs.com to advertisers?“ Are revnues mainly created on the continued advertising model with the resulting yes answer to the question above, or will Microsoft simply get a license fee for leveraging the Microsoft Office Web Apps ?? Remark also the quote from the Mary-Jo Foley article that Microsoft Office Web Apps will be available in different ways to different sets of customers.

Business users might use the more traditional Microsoft Office Web Apps as an extention of the Microsoft Office 2010 software on the workstations and notebooks, while I wouldn’t be surprised to see Microsoft Docs, as a more consumer oriented offering, become part of the well known Windows Live bundle.

However these are just some thoughts and with the current information available there are no insights in the mid- and longterm goals of this start-up project. Furthermore the comparison of Microsoft Docs and Google Docs is clearly wrong, mainly due to the derivative character of Microsoft Docs. In order to complete the wrap-up I would love to hear your thoughts and invite you to sign-up for the beta of Microsoft Docs. Twelve of my friends did also sign-up as you can see in the screenshot above.

UPDATE

Takeshi Numoto, Corporate Vice President, Office Product Management Group, just published the article “Cloud creates new opportunities for Office: thoughts on Docs.com for Facebook” with his thoughts about- and the explorative nature of the Microsoft Docs approach.

About Microsoft Fuse Labs

“FUSE Labs works in partnership with product and research teams to ideate, develop, and deliver new social, real-time, and media-rich experiences for home and work. FUSE Labs experiences give users new ways to create, connect and collaborate with the people, information and ideas that matter to them.”

I was fortunate being invited to attend the highly succesful first edition of the Android Experience, an event that adresses the Android ecosystem from different perspectives.

In this article I will briefly summarize some of the highlights of Android Experience 2010 @ the Amsterdam Convention Factory.

On the MobilityMinded website I have written an extensive event report, inline with the following structure:

1. The importance of openness for innovation – Vincent Everts, trendwatcher;
2. The mobile future is bright and open, the impact of Android – Ed Achterberg, founder, CEO  and senior research analyst at Telecompaper;
3. The power of Android:  User experience is key – Mark Moons, Regional Director Benelux HTC;
4. Developing Apps: Doing business making money – Raimo van der Klein, Chief Exectutive Officer of Layar;
5. Banking with apps – David-Jan Janse, Manager of Rabo Mobile, Rabobank Netherlands;

The highlights of Android Experience 2010, in my personal opinion, are marked in itallic in the list structure above.

The mobile future is bright and open, the impact of Android – Ed Achterberg, founder, CEO  and senior research analyst at Telecompaper;

I really liked the objective scientific approach of Ed Achterberg, founder, CEO  and senior research analyst at Telecompaper. While some very interesting facts about the competitive mobile landscape were presented, Ed Achterberg also made some points that really make you think.

• The misuse of the term personal computer for a desktop computer at home, while you take your smartphone with you all the time. A smartphone, which has taken over a lot of computer capabilities, is probably the most personal electronic device. Also the impact of other devices, like the netbook, e-book readers and devices like the Apple iPad will change the landscape;
• Ed Achterberg presented a graph with the indexed results of the simplicity of device configuration at first use. Honestly I didn’t expect this measurements. However with the average age of the Dutch society rising, fast and easy configuration for the Joe Average end-user becomes critical, with increase of complexity among mobile electronic devices;
• The Android operating system has got a very explosive growth curve with rapid development cycles. From the launch of the HTC Dream, which was the first Android device several versions of the Android OS have been released, 1.5 , 1.6 , 2.0 , 2.1 and a variety of handset manufacturer customizations. The open source nature has driven the growth of the platform, but it also fragments to Android OS at a fast rate. An interesting question is if Google should step up and close the open source model a little. Ed Achterberg suggests that a more uniform quality and user exprience could help the Android OS.

Especially about this last bullet I had some discussion about, among mobile friends and on Twitter with for example JeanPaul Horn (Planet Android / iPhoneclub) and Arnoud Wokke (Tweakers). I’m also curious if and how Google tries to manage the Android Marketplace with an explosive growth of developed applications (indexing and categorizing applications vs. sending in new applications) ?

The power of Android:  User experience is key – Mark Moons, Regional Director Benelux HTC;

Mark Moons, Regional Director Benelux HTC, builds further on the market figures from the previous session of Ed Achterberg by sharing the HTC marketshares and the position of the Android OS in the Dutch mobile market.

A significant part of the session is about the Android ecosystem. Mark Moons explains the necessity of a healthy ecosystem in which the different players challenge each other and drive true innocation. In this light both open- and closed ecosystem are addressed, as well as the opportunity to educate end-users and create a competitive advantage for retailers.

The main conclusion is that an operating system with a healty ecosystem and an excellent user experience will be sustainable on the long term. According to Mark Moons, “Android will become the second operating system in the Netherlands within two years“.

Picture used with permission of Daphne Channa Horn, Independent Photographer

Developing Apps: Doing business making money – Raimo van der Klein, Chief Exectutive Officer of Layar;

Raimo van der Klein, Chief Exectutive Officer of Layar, is the fourth speaker on the Android Experience, and shares the challenges, opportunities and reconfigurations of business model and strategy in time of Layar.

Layar now aimes at becoming a platform (in contrast with the initial content focus) on top of which other developers can build their services, and in which Layar more or less takes care of a stable platform/environment, the distribution, the installed userbase and pre-installation on Android smartphones, for example the Samsung Galaxy S.

Raimo van der Klein explains the different business models and some specific business details in an interview with Vincent Everts (in Dutch and remark that Android World = Android Experience, Ed Achterberg is from Telecompaper not from Telecomworld)

THE FACTS

• Layar had 3-5 business models from the start about a year ago and now;
• Layar was one of five concepts the Layar team planned to do, however now there is fulltime focus on Layar only;
• 32 people are working on Layar;
• Layar is funded (with venture capital) for E2.5 milion euro;
• 2700 Layar developers worldwide;
• 450 Layars published already and 1700 Layars in development;

THE BUSINESS MODELS

1. Content Layars, payment for hosting;
2. Opening the platform, payment when content is published, for example with a monthly fee;
3. Analytics, premium payments for advanced analytics;
4. Currently Layar focusses on building and expanding the brand, distribution and things like the pre-installation deal with Samsung;

AND ALSO

• Games and tourists guides will become available in Layar in the near future (remark business model 2 in the list above);
• Currently Layar has more end-users on Android devices than on the Apple iPhone devices;
• The release of every Android device caused some change in the Layar code. Upcoming year about 90 handsets, and 2 people working fulltime on a stable Layar experience on all these devices;
• Looking at a collaboration with Nokia (Symbian, Meamo). Nokia is stil the largest handset manufacturer that ships 400 milion handset per year;
• Nokia plays the retail game very strong and pushing the distribution among stores;

Raimo van der Klein illustrates the Layar platform startegy with a new venture: TAB worldmedia, who connect augmented reality with outdoor advertising. I was fortunate to talk with Remco Vroom and Johannes la Poutre in the late afternoon, which was highly interesting.

At first I’m glad that Raimo van der Klein is willing to share these details on a business model level. It is very interesting, and these facts simply illustrate that business model innovation and the constant search for new strategic opportunities and exapnding competitive advantage are a necessity for every entrepreneur.

I’m curious if the Layar team used a business model design tool, like the business model canvas proposed by business model expert Alexander Osterwalder.

Final thoughts and wrap-up

I would like to compliment everyone who has been involved with the organization of the first edition of the Android Experience.  The great industrial atmosphere of the Amsterdam Convention Factory was excellent for a technology event like this.

In addition to the excellent presentations above, Android Experience was also about meeting old friends (developers, press, bloggers, handset manufacturers, distributors) and meeting new friends. During and after the Planet Android App Challenge 2010, I had a few drinks with Patrick de Laive of the Next Web. A great guy with an exceptional entrepreneurial drive.

Other examples of this creativity and entrepreneurship are my discussion with the guys from TAB Worldmedia, or the described presentation of Raimo van der Klein, Chief Exectutive Officer of Layar, and Koen Krijns of Hardware.info with the barcode scanning application for Android.

The conclusion is simple, first edition of the Android Experience was a huge success !!

Dynamic Content Gallery Picture used with permission of Daphne Channa Horn, Independent Photographer

In this short article I would like to bring Exnovate, the highly interesting Network of Excellence on Open & Collaborative Innovation, to your attention.

Back in 2008 I was fortunate to attend the fith European Masterclass on Corporate Entrepeneurship & Open Innovation with Henry Chesbrough & Kenneth Morse, where I first experienced the importance of the “business model”.

During the this Masterclass I was able to meet, experience and work with both professor VanHaverbeke and professor Henry Chesbrough. Both are the co-founders of Exnovate, as you can read in the about us section of the Exnovate website:

“Exnovate, the European Network of Excellence on Open & Collaborative Innovation, originated from the pioneering work of prof.dr. Wim Vanhaverbeke together with prof. Henry Chesbrough and other domain experts.”

What is Exnovate ??

The picture above shows an overview the Exnovate website, with the section “Exnovate in a nutshell” that provides a little more extensive description:

“Exnovate is a platform for companies and knowledge intensive organizations that are practicing open innovation. In particular, Exnovate serves as a clearinghouse and network platform, linking together the international community of companies, academia, governments and service providers. Since most knowledge and best practices on open & collaborative innovation are scattered around in different organizations, the platform can significantly speed up the learning process of the partners involved. In addition, Exnovate can help create and valorize knowledge on open & collaborative innovation, hence bridging the gap between theory and practice.”

On the left side of the website, below the Exnovate logo you can see a number of arrows, that provide additional information for a specific group of actors in the Open & Collaborative Innovation field:

1. Companies;
2. Acadamic World;
3. Public Policy Makers;
4. Service Providers;
5. Venture Captial;

While VentureLab Twente is aimed at entrepreneurs in ”assisting high-technology, high potential start-ups to develop and reach their full potential”, I can see similar concepts of connecting practitioners, researchers, experts and even venture capitalists. Exnovate however is focussed on the Open & Collaborative Innovation expertise.

Acadamic papers and network of innovators

Professor Frank Piller, who I was fortunate to meet during a masterclass @ Webster University in Amsterdam, wrote in the article “Exnovate and Open Innovation Forum: Two New Open Innovation Community Sites” on his Mass Customization & Open Innovation News blog:

I found three features especially useful:

• A list of case studies on open innovation for teaching;
• A list of academic papers on open innovation, most with a link to download
• A list of people working in the field;

Despite the fact that the list of academic papers isn’t completed yet (assumption since download links are missing), I really like this section and downloaded some papers that interested me. If you are interested in Open Innovation I can certainly recommend the academic paper list.

Concluding thoughts

I would like to recommend you to read the Exnovate vision, mission and strategy.

Such a European Network of Excellence on Open & Collaborative Innovation is highly valuable no matter if you are from a company, university, government, service provider or a venture captital firm. The amount of knowledge and experience on Open & Collaborative Innovation in such a Network of Excellence is tremendous !

I was able to meet and experience professor VanHaverbeke and professor Henry Chesbrough. Combining their drive and passion for Open & Collaborative Innovation with the high quality of the European Masterclass on Corporate Entrepeneurship & Open Innovation with Henry Chesbrough & Kenneth Morse, I can only conclude that the Exnovate Network of Excellence will be game-changing for many people out there !!

Last year I attended the Consumer Electronics Show in Las Vegas, but unfortunately I do need to miss one of the best technology shows on the planet this year. Since I’m passionate about Windows Phones and other Microsoft products I didn’t want to miss the Microsoft CES 2010  keynote with Steve Ballmer and Robbie Bach.

While Steve Ballmer announced to the public that the HTC HD2 will become available in the US via T-Mobile in upcoming spring, I was far more excited by an announcement made by Robbie Bach, President, Entertainment & Devices Division @ Microsoft: “Project Natal for Xbox 360“.

httpvhd://www.youtube.com/watch?v=dFrvHSEQKTU

What is Project Natal for Xbox 360 ?

While the video above of the announcement describes Project Natal for Xbox 360 pretty well, but you might want to look at a Project Natal definition from the Wikipedia page:

“Project Natal is the code name for a “controller-free gaming- and entertainment experience” by Microsoft for the Xbox 360 video game platform. Based on an add-on peripheral for the Xbox 360 console, Project Natal enables users to control and interact with the Xbox 360 without the need to touch a game controller through a natural user interface using gestures, spoken commands,or presented objects and images. The project is aimed at broadening the Xbox 360′s audience beyond its typically hardcore base.”

Both the video and the definition shown that Project Natal for Xbox 360 is a complex but very challenging innovation from a technical- and scientific perspective. In the Project Natal video above you can see some behind the scenes with the some Project Natal team members, each having a different professional- and educational  background !! I think this story tells it all …

httpvhd://www.youtube.com/watch?v=I9tmr8VDqN8

Some concluding thoughts about Project Natal

I used to play with the Atari 2600 “gaming console” as a child, but I have never really played a lot on gaming consoles. However yesterday the little child in me woke up yesterday after I saw the announcement and demo of this technical masterpiece.

Some critics might say that the first steps into a different way of interacting with the gaming console were set by the Nintendo Wii Console. This might be true, but the types of games and “game-richness” on a Nintendo Wii Console totally differ from the types of games on the Xbox 360 or the Sony PlayStation 3. Furthermore the Nintendo Wii Console still requires a kind of controller, despite the form may differ from the traditional controllers.

The Project Natal video above provides some realistic scenario’s which outline the new way of interaction between man and machine. I really like the part where the skateboard is scanned and loaded into the game so the boy can ride his own skateboard in the game, or the steering, clutching and tire changing in the racing game.

I think it is fair to say that Microsoft has developed a great new technology for the Microsoft Xbox 360 with Project Natal. In order to further boost the return on investment (ROI) on this excellent outcome of Microsoft Research, I started to think if there are different applications in other markets within the Microsoft Ecosystem.

I can think of future scenarios where you can control the machines in your kitchen, or interacting with your home electronics or I can even think of scenarios in the car industry. This might sound like future mapping, but I honestly do believe that Microsoft has a powerful technology in their hands with great potential. I hope we can see some results in the future.

“Microsoft tonight announced it would start shipping its Natal gesture and voice controller for the Xbox 360 game console in time for the Christmas holiday shopping season.”

Like you can read in the LA Times article above,  Robbie Bach, President, Entertainment & Devices Division @ Microsoft tonight announced that Project Natal is available for consumers early 2010. In other words this is soon, and I’m definitely gonna see if I can replace the good old Atari 2600 memories with a brand new Microsoft Xbox 360 (Elite) gaming console, of course combined with the Project Natal add-on !!

A little more than a week ago, from November 24th – November 28th, I attended the much anticipated fifth European Masterclass on Corporate Entrepeneurship and Open Innovation organized by  Ronald Wolf (Philips) and Wim Vanhaverbeke (Hasselt University).

The beautiful main location was the Conference Hotel Willibrordhaeghe in Deurne (Netherlands), while some sessions took place at the Philips High Tech Campus (Eindhoven).

The two worldclass experts and keynote speakers of the fifth European Masterclass on Corporate Entrepeneurship and Open Innovation, Henry Chesbrough (UC Berkeley) and Kenneth Morse (MIT), are the leading experts in the professional fields innovation and entrepreneurship.

I was fortunate to attend a keynote session with Henry Chesbrough during a symposium, open innovation and creativity in management and governance. Combined with the fact that I’m currently completing a master program Innovationa and Entrepreneurship at the University of Twente, the fifth European Masterclass on Corporate Entrepreneurship and Open Innovation, was a unique opportunity to meet both experts and learn from them.

Overview of the group working on a business case, fortunate to stand left next to Kenneth Morse. On the right event organizers Ronald Wolf and Wim Vanhaverbeke !

Aim and objectives of the Masterclass Corporate Entrepreneurship and Open Innovation

The subtitle of the fifth European Masterclass on Corporate Entrepeneurship and Open Innovation is “Open Innovation based New Business Creation for Corporate and Start-up Entrepreneurs”.

Despite both the title and subtile provide a rough idea of goal(s) and objectives of the Masterclass, you can read on the Corporate Entrepreneurship and Open Innovation website:

“This course focuses on entrepreneurship, intrapreneurship and corporate venturing with focus on new product/new market combinations including a finance, marketing, sales, technology and human capital framework relevant for start-up ventures. During the course, Open Innovation is introduced as a tool to create a meeting ground for corporate environments, universities and start-ups where resources, knowledge but especially new business options can jointly be developed.”

Most remarkable aspect from the first paragraph from the aim section is the cross functional approach, in which most relevant aspects of a modern business, venture or start-up are addressed. The open innovation theory is not only addressed as a tool, but it can futhermore be seen as a driver for value creation, entrepreneurship and and exploring new opportunities in the market.

“Led by two internationally renowned experts in innovation and entrepreneurial management, Henry W. Chesbrough from the UC Berkeley Haas School of Business and Kenneth P. Morse from the MIT Entrepreneurship Center, this Corporate entrepreneurship course teaches the fundamentals of Open Innovation as applied to develop new venturing options for global corporations. The participants will be given the opportunity to develop and refine their business case, which will be evaluated during the last day of the course by an objective and demanding team of experts“

In addition to the unique situation where two worldclass leading experts, and pioneers of their professional field are brought together in a Masterclass, you can see that there is also room for a realistic, more practical oriented business case. Via this way you learn to apply theory and work with in realistic real-life scenario’s !

“The combination of world-class teaching and business case development will strengthen each participant’s new business development and venturing skills. It will also provide the participants with an Open Innovation framework where through collaboration with a variety of partners, new ventures can be created with a perspective outside their current corporate or startup environment.”

Finally a great systematic overview of objectives is provided on the Masterclass Corporate Entrepreneurship and Open Innovation website, to give you an idea of the skillset and scientific theory that is developed during the Masterclass.

A close look at the packed five day program

Since attendees will have to pay a “respectable” tuition fee for the Masterclass Corporate Entrepreneurship and Open Innovation, I will not provide any details on a session level (this wouldn’t be fare or professional towards the organizers), but I will provide an overview of the five day  program on a more abstract general level.

Monday November 24: Open Innovation and the Business Model (Henry Chesbrough, Graham Cross, Unilever)

“In this first day, we will examine the strengths and weaknesses of corporate innovation as it is practiced in advanced economies around the world. The traditional model is based upon a logic of internal vertical integration. As we shall discuss, the surrounding innovation environment no longer supports this internal logic, because the knowledge landscape has become too diverse and distributed for any one company to monopolize useful ideas in a given technology area. We will then present a new and different model of corporate innovation, called Open Innovation, and show how this model fits better with this more diverse and distributed environment.”

As you can read in the paragraph the start is at basic fundamental level of the traditional model, still available in a lot of companies.

In a good mix of both scientific theory, business cases and experiences of Henry Chesbrough a comparison between the traditional model and the open innovation model is discussed!

Furthermore a great session of Graham Cross, Collaborative Innovation Director at Unilever Foods, provides an idea of how open innovation is implemented within Unilever Foods. You might want to read an interview with Graham Cross on www.openinnovatie.nl !

Tuesday November 25: Opening Up your Business Model for Innovation (Henry Chesbrough)

“Day two focuses on methods to guide knowledge into and out of corporate environments. To develop a sustainable Open Innovation environment, it is necessary to create new business opportunities from new technology which in essence can be the result of any form of knowledge generating form of cooperation. In this context the role of start-up companies and venture capital providers will be discussed.”

Professor Chesbrough builds further on the knowledge about open innovation from the previous day. The central theme of the day is opening the business model for innovation.

It is not the pure technology itself that has a disruptive or radical character in the market (you might know the research of Professor Clayton Christensen), but it is the underlying innovative business model that causes the disruptive nature !!

An interesting book to read is “Open business models: how to thrive in the new innovation landscape” and not surprisingly written by professor Chesbrough !

Wednesday November 26: Creating new ventures (Kenneth Morse)

“This day is devoted to the elementary aspects of starting a venturing activity. The focus will be on defining the business model and how to involve potential customers to sharpen the case. At the end of the day the course attendants will have the opportunity to test their business proposition in a Networking Exercise with Top Sales Executives and Potential “Customers”.”

Kenneth Morse has a different style but excellent way of teaching, and with help of a few business cases and his own experience the central theme of today -creating new ventures- is intensively discussed.

Within the creating new ventures theme a great deal of attention has been spent on the development of a business proposition, and the way of communicating the proposition in an elevator pitch !

In the evening event, it was time apply the knowledge of today in practice during a realistic scenario where you can meet protential customers, venture capitalists and sales executives. This practical excersise is really aimed at developing a skillset that only can be learned by training and doing !!

Thursday November 27 : Generating sales (Kenneth Morse)

“Day four is devoted to sales in a series of lectures covering a wide variety of important aspects ranging from how to build a sales oriented venture activity to ‘how to close the deal’. In the afternoon, there will be a panel discussion with three experts on venturing, each representing a different perspective.”

As a student I wasn’t aware of the complex set of dynamics around the activity of closing a deal. In a multi perspective session Kenneth Morse was willing to share best practices, combined with practical examples, about how to close a deal.

A lot of the dynamics of closing the deal were completely new to me, but my compliments for the excellent step-by-step approach of Kenneth Morse that made this imporant step of building a business insightful !

In the afternoon program Kris Van der Velpen, Director Fortis Venturing, Fortis Brussels, Belgium, was willing to provide “a view in the kitchen of Fortis Venturing” around the topic of  Open Innovation - an important driver for sustainable service innovation.

Friday November 28: Discussion of the business cases

“In the morning, participants will have time to prepare their case presentations. In the afternoon, all business cases will be discussed in several groups consisting of your fellow students but also invited guests with expertise in the relevant areas knowing when but also when not to finance your venture plans.”

The final day of the Masterclass Corporate Entrepreneurship and Open Innovation, was completely aimed at presenting and selling the business case which we as a group have been developing in the past week. The business plans were presented to venture capitalists.

You can imagine that this has been a very rich experience, and the feedback & experiences from these kind of exercises will be valuable additions for the rest of my professional carreer !

Concluding thoughts and reflection

I started this article with the following sentence about the European Masterclass on Corporate Entrepreneurship and Open Innovation:

” [...] the fifth European Masterclass on Corporate Entrepreneurship and Open Innovation, was a unique opportunity to meet both experts (Henry Chesbrough & Kenneth Morse) and learn from them. ”

Of course it was awesome and very valuable to meet, experience and learn from the worldclass experts and founder in their professional field Henry Chesbrough and Kenneth Morse. Both had a very different style of teaching, but it was a unique experience to learn from them and they really embedded the knowledge in my brain in such a short time. This illustrates their excellence and outstanding professional quality ! Furthermore both gentlemen have a background both in science and business practice, which came back in their lectures from the past week.

Not only meeting two worldclass experts was an unforgetable experience, but also the wide range of attendees from different companies, different educational backgrounds and different corporate levels was very valuable. Especially for me as a student it was a great challenge to keep up with the corporate talents, however in the end I gained a lot of value from the interaction with the group of attendees as well ! I hope to stay in touch with them in the upcoming future.

Finally I would like to congratulate the organizers Ronald Wolf (Philips), Wim Vanhaverbeke (Hassel University) and the rest of their team Margot Franken-Richelle and Anny Roelandts for the excellent organization of the fifth European Masterclass on Corporate Entrepreneurship and Open Innovation. I think you can be proud on such a great event !

I hope that I will look back on the fifth European Masterclass on Corporate Entrepreneurship and Open Innovation in a few years and conclude that this has really been a life-changing event for me both on a professional level as well as in my personal development !!

About Henry Chesbrough

“Henry Chesbrough directs the Center for Open Innovation, focused on research and teaching on the impact of intangible assets and globally distributed knowledge on firm strategy and industrial innovation. He is doing research in innovation. More specifically he is interesting in Organizing, structuring and managing internal and external research and development. Furthermore, he is specialized in technology-based spin-offs, corporate venture capital and managing intellectual property. He is the author of “Open Innovation” (HBS Press, 2003) which was awarded Best Business Book of 2003 by Strategy & Business Magazine. He is also editor of a new, more academic oriented book “Open innovation: Researching a paradigm” (2006 – OUP, co-edited by Wim Vanhaverbeke and Joel West). Another book “Open Business Models” will be published in November 2006.”

About Kenneth Morse

“Ken Morse is a serial entrepreneur, having played a key role in launching several high-tech start-ups, including 3Com Corporation, Aspen Technology, Inc., a China Trade Company, a biotech venture, and an expert systems company.

As head of the MIT Entrepreneurship Center, he is responsible for inspiring, training, and coaching new generations of entrepreneurs from all parts of MIT. Ken has been profiled and quoted in numerous publications, including the Wall Street Journal, Financial Times, Economist, and Red Herring.

Since Ken joined the MIT Entrepreneurship Center in 1996, the number of students taking Entrepreneurship Courses has increased from 220 to 1.500 per year while the number of professors has grown from 3 to 30.

Ken is a member of the Board of Advisors of four early-stage Venture Capital Firms: PolyTechnos Venture-Partners (Munich), Rudyard Partners, LLC (Boston) SINTEF A/S (Trondheim, Norway) and The Entrepreneurs Fund III (Silicon Valley). Ken serves on the Board of Advisors of Ludesi AB in Sweden, iMotions Technologies A/S in Denmark, Naseeb Networks in Pakistan, and several MIT spin-offs, including Medical Isotopes Technologies and Terrafugia, Inc.”

“On Friday 24 and Saturday 25 October 2008 the IEEE Technology Management Councils of the IEEE Benelux and Germany Sections, the IEEE Benelux and Germany GOLD Affinity Groups and the IEEE Student Branch Eindhoven will organize an event on Open Innovation in the NH Conference Centre Koningshof in Veldhoven” [ref01]

My attention to this event was drawn by a mailing of Engineering Assosiation KIVI NIRIA, and although IEEE is originally an Electrical Engineering Assisiation, the topic Open Innovation is in-line with the Master I’m conducting at the University of Twente.

The line-up of the event had some interesting topics, presentations and workshops presented by people with a variety of backgrounds adn practices. Due to an overload of innovation related event in that week, the event was changed to a more informal character on Friday afternoon. Since I already scheduled time for the event anyhow, I was really excited to meet the presenters and other people active in the field of innovation management.

1. Ir. Martijn Kriens, Partner of Living Labs Leiden, provided us with an exciting story about the living labs research approach. Not only the history and fundamental idea’s but also the current status and ongoing research projects.
2. Dr. Ing. Gerhard Seiler, VP Value Engineering at Philips, looked from a business perspective at (incremental) innovation in terms of value engineering. With some really life examples about a fork-lift truck and the wheel of a hover, both theory and pratice were related resulting in dicussions on development choices, drivers for product improvement and quality aspects.
3. Dr. ir. Bart Meijer, Lector Proces & Production Innovation, Saxion Hogescholen,eleborated on current research on set-based concurrent innovation with a high “lean” character. In fact it’s a combination of different theories like concurrent engineering, lean manufacturing, open innovation, etc.
4. Finally Geert Hommes BSc. MBA, Director of TOM Institute had a good final contribution on non verbal communication.

After the open discussion and looking forward to some IEEE Benelux Events in the upcomming future it was time for dinner and informal conversation. Actually it was an extention of the open discussion mixed with some personal topics.

Overall the event was a great succes to me. We had some good discussions, and a great interaction between the cross functional fields, students, business people and researchers. I will conclude with thanking Robert Bierwolff, and the rest of IEEE Benelux for the excellent organization of the event. Thanks !!

Reference list:

1. WEBSITE:  IEEE Benelux Section Homepage

On 23rd of October 2008, the company called Dutch organized a masterclass on the topic of Open Innovation. Based on the resume and some smart and innovative questions, 25 students were selected to join the masterclass from professor Piller.

Luckily I survived the selection process, and I was really excited to see if the professor Piller looked from a different perspective at open innovation theory, since his other specialties are mass customization and customer co-creation. I hoped for a cross-pollination of the different topics, as well as for the backgrounds of the attendees of the masterclass.

Professor Piller used two companies from practice as a steppingstone, for the highly interactive masterclass.

1. Threadless T-Shirts — Collective Customer Commitment
2. Innocentive — Open Innovation Marketplace

Ruben Nieuwenhuis assisted professor Piller with some interesting comments on the open innovation theories, both from a practical background as well as a theoretical perspective. I would like to share the most interesting topics in a brief summary:

• Crowdsourcing / Interactive Value Creation;
• Two information-”problems”, when “innovation is modeled as problem solving based upon directed trail and error”;
• Innovation requires two kinds of information:  need information & solution information;
• Innocentive, the process behind a knowledge broker;
• Lead Users are … (Von Hippel, 1986; 1988);
• Ways to profit from the Lead User Idea;
• Zooming in on the “search for lead experts in analogue markets”;
• Conclusions & open discussion on our send-in research questions; [ref06]

Although the masterclass was scheduled from 13:00 – 15:00 it was almost 15:30 when we had to finish the Masterclass at the Webster University, WTC Building D, Amsterdam. “Time flies when you are having fun”, is what they say and this masterclass was really fun. Both professor Piller and Ruben Nieuwenhuis had really good examples on innovation theory and combined theory and practice in a highly interactive appealing package.

Finally many thanks to the people from Dutch, who organized a great event on a top location. Please feel free to read some background information on the speakers / organizers and case studies.

Reference list:

1. WEBSITE:  Webster University Netherlands
2. WEBSITE:  Dutch Organizational Consultants — Building Better Business
3. WEBSITE:  Homepage RWTH Professor Frank Piller
4. BLOG:  Frank Piller’s Web Site on Mass Customization, Customer Co-Creation & Open Innovation
5. THREADLESS:  Threadless T-Shirts Homepage
6. INNOCENTIVE:  Open Innovation Marketplace
7. SHEETS:  Open Innovation Masterclass, Research Issues & Research Questions