How to Make the Most of Your Next Innovation Tour
/Whether you are an MBA joining your class on your next international trek or an entrepreneur looking for the optimal environment to start a business – innovation tours can be extremely valuable in providing insight and knowledge into the world’s business and innovation ecosystems.
Our innovation immersions will involve planned visits to a series of notables companies and academic lectures, pitch events, guided tours and conferences with panel discussions. The problem is, these innovation ecosystems are extremely complex and their structure are not easy to grasp. To get at their true essence, it is paramount to go beyond appearances and delve deep into these complex environments by constantly observing, questioning and listening.
Visible activities such as start-up incubators and angel investor meetings merely provide detail to the outer layer and more obvious aspects of the ecosystem. To gain vital insight deep into the core of these ecosystem and understand the real drivers of entrepreneurship, a focus on the subtle elements is needed.
For example, an innovation tour to South Korea would benefit greatly from a visit to a military camp to observe young South Koreans undergoing military exercises. With military service being mandatory in South Korea, our innovation programme will give precious insight to the culture and mindsets of the people there.
Entrepreneurs alone do not reflect the whole entrepreneurship ecosystem. Researchers, investors, non-profits and government officials are just a few of the actors that help make up the network within the ecosystem. Focusing on different actors will help you understand the different motives for innovation in the ecosystem. Look for the conflict and collaboration between these actors and revel in it, not only will it give you a broader view of the whole landscape but will also directly reveal their entrepreneurship culture.
Optimizing the value and knowledge you gain from your innovation immersions requires a degree of susceptibility and inquisitiveness from your part. Innovation tours are not a place for re-active learning – you must be pro-active. As Einstein once said: “the important thing is to not stop questioning. Curiosity has its own reason for existing”. So be curious and be engaged. The responsibility lies on to you have the desire to unearth information from all angles which will be crucial to your quest in understanding these complex entrepreneurship and innovation ecosystems.