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SPIE Professional October 2008

SPIE Photonics Innovation Summit Translates IP Into Profit

Attend SPIE Photonics Innovation SummitInnovation and commercialization experts will tackle three burgeoning technologies -- photovoltaics, solid-state lighting, and biophotonics -- as well as funding and intellectual property issues at the SPIE Photonics Innovation Summit on 6 November.

The all-day event in Burlingame (CA) (San Francisco area) will focus on technology innovation and revenue growth and is being organized by SPIE. Cooperating organizations include the Haas School of Business and the Lester Center for Entrepreneurship & Innovation at University of California Berkeley and the Palo Alto Research Center (PARC).

Henry Chesbrough will give the opening keynote address on open innovation, a term popularized in his best-selling 2006 book Open Innovation: The New Imperative for Creating and Profiting from Technology. Chesbrough is an adjunct professor and executive director of the Center for Open Innovation at the Institute of Management, Innovation and Organization at UC Berkeley.

Chesbrough will discuss the current research in open innovation, why it is an important approach in today's market, and how an organization can implement it.

Author John Kao and Joseph Goodman of Stanford University will also make keynote presentations Goodman has been involved with numerous photonics start-up companies.

The SPIE Photonics Innovation Summit offers opportunities for photonics entrepreneurs and innovators to network with peers, discover new companies, and learn key strategies to thrive in our constantly expanding industry. Summit chair Steve Eglash, president and CEO of Cyrium Technologies, will close the event with a discussion on how to utilize the information presented throughout the day.

Topics Ripe for Innovation

The breakout session "Solar Technology: When Cost Competitive?" will address the technology innovations and commercial growth of solar power that are expected to bring prices down to affordable levels. The shift will create a high-stakes race for market dominance based on reduced cost, increased yield, and longer lifetime.

Speakers Richard Swanson, founder, president, and CTO of SunPower (CA); Chris Eberspacher, vice president of Engineering at Applied Materials (CA); and Scott Elrod, vice president and director of Hardware Systems Labs at PARC (CA), will discuss strategies to move technologies to market. They will also lend their insights on innovation strategy and navigating from startup to mass scale in the solar industry.

Peter Visser, project manager of the OLLA Project for Philips Lighting, and George Craford, CTO of Lumileds, will speak during the session, "The Next, Next Generation of Lighting: LEDs and OLEDs." This session focuses on innovation management across the field of solid-state lighting and how to prepare for the mainstreaming of LEDs and OLEDs in the next decade.

The session on "Biophotonics: Innovation in Process and Procedure" will feature industry experts Lesa Mitchell of the Kauffman Foundation and Jean-Luc Vanderheyden of GE Healthcare discussing their success at accelerating the movement of ideas to the marketplace in the complex field of healthcare.

The "Paths to Funding" session will have speakers discussing financing options and how to bridge one phase of funding to another. Jennifer Ernst, PARC director of business development, will discuss "Working with Corporate Partners." John Lushetsky, U.S. Department of Energy, Solar Energy Technology Program, will give a talk on government funding. Craig Cornelius of Hudson Clean Energy Partners will present the talk, "Transition from Venture Capital to Private Equity to Project Finance."

What Authors Say About Innovation

"Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology."

-Henry Chesbrough

"Innovation flows from shifts in mind-set that can generate new business models, recognize new opportunities, and weave innovations throughout the fabric of society. It is about new ways of doing and seeing things as much as it is about the breakthrough idea."

-John Kao

Have a question or comment about this article? Write to us at SPIEprofessional@spie.org. 

DOI: 10.1117/2.4200810.16

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