19
Success Factors in Leading Edge Technologies Lesson Learned in Innovation in Clean Tech Dr. Michal Vakrat Wolkin Dr. Michal Vakrat Wolkin [email protected]

Michal Vakrat Wolkin CleanTech Open 2014

Embed Size (px)

DESCRIPTION

Michal Vakrat Wolkin CleanTech Open 2014

Citation preview

Page 3: Michal Vakrat Wolkin CleanTech Open 2014

Invention or innovation?

• Silicon can emit red to blue light in the nano scale

• Michal Vakrat Wolkin, Physical Review

Letters, 82, 197 (1999)

• Intel and Corning are developing a new optical interconnect technology capable of 1.6 terabits per second.

Optical based computing….

Invention Innovation

Page 4: Michal Vakrat Wolkin CleanTech Open 2014

Clean Tech innovation challenges…

Dr. Michal Vakrat Wolkin [email protected]

• We have to solve great challenges of our society, provide clean water, sustainable energy, build infrastructures in emerging economies, and move into oil independence

Quantum Dots

Turbine blades

Electron Value

Cellulosic bio mass

Efficient power

Wider adoption

Page 5: Michal Vakrat Wolkin CleanTech Open 2014

Innovations happen everywhere…

How do companies succeed in innovations? …

Innovation isn't a cooperate phenomena …

Page 6: Michal Vakrat Wolkin CleanTech Open 2014

1. Subject matter expertise is not a must…

Dr. Michal Vakrat Wolkin [email protected]

Tesla Model S

Best practices for success…

“More positive change , less incremental improvements…”

Page 7: Michal Vakrat Wolkin CleanTech Open 2014

2. Can do vs. Can’t do culture…

Dr. Michal Vakrat Wolkin [email protected]

1876: Alexander Graham Bell makes the first telephone call in his Boston laboratory

Imagine the future…

Page 9: Michal Vakrat Wolkin CleanTech Open 2014

3. Thinking Inside the box … (as opposed to Outside the Box)

Defining the box is key, innovations come from practical solutions o Instagram o Tesla

Page 10: Michal Vakrat Wolkin CleanTech Open 2014

4. Business Un- usual…

Dr. Michal Vakrat Wolkin [email protected]

Kickstarter

Distorting usual ways, changing fundamental economics

Page 11: Michal Vakrat Wolkin CleanTech Open 2014

4. Business Un- usual…

Dr. Michal Vakrat Wolkin [email protected]

o Collaborations

Future energy storage system

Lunar Lander Moon express

o Competitions

NASA’s Innovation Strategy:

Page 13: Michal Vakrat Wolkin CleanTech Open 2014

6. Making new rules in clean tech…

• Community/commercial energy storage (Solar City)

• Shared energy economy / Electron’s economic value (NREL)

• Charging cars instead of fueling cars (ChargPoint)

• Safe nuclear fusion (Helion)

Dr. Michal Vakrat Wolkin [email protected]

Helion Energy wins energy generation category at Cleantech-Open 2013

Page 15: Michal Vakrat Wolkin CleanTech Open 2014

NASA’s Centennial Challenges

• Engage the public in the process of advanced technology developments

• Incentive prizes to generate revolutionary solutions

Latest challenge 2012;

• “The Night Rover Challenge” catalyzes bold advances in energy storage technologies for Space Rovers

Dr. Michal Vakrat Wolkin [email protected]

Page 16: Michal Vakrat Wolkin CleanTech Open 2014

The mission: • Portable energy storage system through several lunar daylight and darkness

The process: • Steering committee defines the technical spec

• Challenge is advertised to the relevant research communities

• Concept submission deadline and review (6 months)

• Teams submit applications (1 year development)

• Start of trials and Testing at NASA Glenn

Judging criteria: • Mass, Volume, Energy content

Status Update: •In most cased…. No winning technology…

$1.5M prize purse

The Night Rover Challenges

Dr. Michal Vakrat Wolkin [email protected]

Page 17: Michal Vakrat Wolkin CleanTech Open 2014

Gates Foundation Gates challenges: extreme poverty , poor health in developing countries, America’s education system

Dr. Michal Vakrat Wolkin [email protected]

Innovations Success factors:

collaborations, unlimited funding, focus on project management, good cause

Page 19: Michal Vakrat Wolkin CleanTech Open 2014

Summary

• While the challenges are huge, we are able to solve them thinking creatively…

• “Don’t just go for safe project, take on the really tough problems.” Warren Buffett

• Israel is a hub for those “smart and young” engineers that can break the rules… so go find your collaborators …. and innovate…

Dr. Michal Vakrat Wolkin [email protected]