Universities and Innovation-Driven Growth: the Case of Aalto University2016 International Presidential Forum on Global Research UniversitiesPanel I: Shared Challenges & Responsibilities from Global Perspective

Professor Tuula Teeri President, Aalto University

University LandscapesCurrent trends

Research-based innovation and higher education

drive knowledge economies and growth

Globalization – global competition for access to talent

• universities compete for students and faculty

• companies compete for graduates and ideas

Universities that aspire to be successful in global

competition must reach international relevance and

prominence

• critical mass in excellence, multidisciplinary capability

and international collaboration

• co-creative ecosystems of research, innovation and

entrepreneurship

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The Virtuous Cycle of Knowledge and Innovation-Driven Economic Growth

TALENT

RESEARCH EDUCATION

NEW KNOWLEDGE

INNOVATION

INDUSTRY, BUSINESS, ENTREPRENEURS

GROWTH

JOBS

PRODUCTIVITY

INVESTMENT

Knowledge and innovation ecosystemGovernment

Aalto – The Innovation University

Science and Art together with Technology and Business

• First class research, art and education

• Multidisciplinary collaboration

• Entrepreneurship

• Tangible societal impact – industrial renewal

Rank University Country P PP(ind)

1 Eindhoven Univ Technol 5774 14.5%

2 Osaka Prefect Univ 2395 13.0%

3 Tokyo Univ Agr & Technol 3053 12.8%

4 Delft Univ Technol 8195 12.7%

5 Chalmers Univ Technol 4718 12.1%

6 Tech Univ Denmark 8575 12.0%

7 Pohang Univ Sci & Technol 5430 12.0%

8 Japan Adv Inst Sci & Technol 8767 11.9%

9 Rensselaer Polytech Inst 2939 11.5%

10 KTH Royal Inst Technol 7707 11.3%

11 Waseda Univ 4390 11.1%

12 Semmelweis Univ Budapest 2820 11.1%

13 Tokyo Inst Technol 9011 10.8%

14 Aalto Univ 4935 10.4%

15 Cranfield Univ 2035 10.3%

16 Kinki Univ 2910 10.3%

17 Shinsu Univ 3138 10.3%

18 Korea Adv Inst Sci & Technol 8535 10.1%

19 Tokyo Univ Sci 3179 10.1%

20 Tohoku Univ 17131 9.9%

21 Aalborg Univ 2923 9.9%

22 Graz Univ Technol 2317 9.8%

23 Grenoble INP 3016 9.8%

24 Kanazawa Univ 3908 9.7%

25 Budapest Univ Tech & Econ 2088 9.6%

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The number and the proportion of a university’s

publications that have been co-authored with one

or more industrial partners.

A Nordic Asset

• Close, long-term and deep co-

operation between universities and

industry both in research and in

education.

• Co-creation instead of “knowledge transfer”; engagement in addition to commercialisation.

• University-industry collaboration by

the Leiden Ranking 2015:

• 5 Nordic universities in the Global Top-25 (10 in Top-100).

• BUT - Dominated by large-scale

industry, missing:

• Startups that aspire to become global

• Service sector

• Creative economy sector

Our Co-creative Innovation Ecosystem

Promoting

entrepreneurship and

business renewal

… where Science and

Art meet Technology

and Business

Open innovation and

co-location with

strategic partners

Co-creative

education of

game changers

Integrating science, industry and education

The prize-winning CHEMARTS project combines students of arts and design and

students of chemical technology in order to produce new concepts for the forest

industry. Examples vary from smart clothing to new cellulose fabrics.

Aalto Entrepreneurial Ecosystem

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Ranked among the best 5 rising university-led startup

ecosystems in the world*

* Graham, Ruth (2014) Creating university-based entrepreneurial ecosystems: Evidence

from emerging world leaders. MIT-Skoltech Initiative, Massachusetts Institute of Technology,

USA.

MediaLab Helsinki

AVP Minor

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Introduction

Project Courses

Core Curriculum

• Changemakers

• Opportunity Prototyping

• Introduction to IT Business

and Venturing

• Venture Formation

• Aalto Service Camp

• Growth and Internationalization

of Technology SMEs

• Collaborative Innovation Management

• Global Team-based Design Innovation

• Product Development Project

• Internship Innovation Project

• Lean Launchpad

• Entrepreneurial Finance

• Entrepreneurial Leadership

• Entrepreneurial Marketing

• Design and Innovation in Context

• Managing Innovative Sales

• Strategies for Growth and

Renewal

• Management of a Software

Venture

• Technology Entrepreneurship

Seminar

• Seminar on ICT-law ,"Exploitation

of IPR"

• Shaping Entrepreneurial Thinking

• Venture Ideation

Students as Co-creators and Leaders

• World-class event organised by Aalto students

• 1 500 growth companies and 14 000 participants (2014)

• CEOs of more than 100 listed companies present

SLUSH in Beijing

October 2015

aalto.fi/en