IAIVI - Temporary website

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Welcome to the temporary IAIVI website.

What is IAIVI?

The International Association of Institutional Venturing and Intrapreneurship (IAIVI) will be a non-profit, non-partisan trade association to facilitate the sharing of knowledge and expertise in the areas of Institutional Venturing and Intrapreneurship.

Definitions of "Institutional Venturing" and "Intrapreneurship"

"Institutional Venturing" includes a process for large institutions to "spin-out" promising internal business opportunities into freestanding businesses. This also includes a large institution investing in a smaller entity to complement the latter's chances of success by bringing the large institution's resources to assist the smaller entity's efforts to develop and deliver their offerings.

"Intrapreneurship" is when an institution uses the talents of its creative and energetic members and employees to develop innovative products and services.

The objectives of this proposed association

	To build Institutional Venturing and Intrapreneurship into institutions' processes. Just like TQM and "Six Sigma" are second nature to most institutions now.
	Distill the existing knowledge in the areas of Institutional Venturing and Intrapreneurship into useful, actionable and concise modules for implementation.
	Develop and make openly available (under an Open Content license) "best practices" manuals in the above areas. Specifically, to codify 90% of the knowledge in these areas, and to assist institutions to develop their own, customized, 10%.
	Ensure members do not "reinvent the wheel" within their institutions when launching an Institutional Venturing or Intrapreneurship program.
	Work with academia to create a degree that combines Business, Entrepreneurship and Technology Development ("BET Dev"). Attracting the right people is difficult: not enough individuals have both venture development and business building skills.

IAIVI's Mission

To provide a forum for the open sharing of knowledge and experiences on how to best tap the entrepreneurial spirit of employees and members of institutions. Specially those institutions that want to leverage their people's dreams and passions for the institutions' benefit.

Kick-off meeting at MIT, July 25-26, 2002.

This was the first meeting of this proposed association. You can download the invitation and agenda for this meeting. [261K PDF].

Objectives of this meeting.

	Gather a group of companies and subject matter experts in the areas of Intrapreneurship and Internal Ventures.
	The expected outcome of this meeting is to have the attendees decide it if makes sense to form an independent organization (tentatively named IAIVI). Or whether folding this group into an existing entity (such as IRI -Industrial Research Institute- or others) makes more sense.
	IAIVI will make "Best Practices" available to companies interested in launching this type of innovation-acceleration and "R&D to revenue" programs. Which, given today's economic climate, are a very cost-effective way to tap employees' ideas and passion in order for companies to develop radically new products and services.

Presentations made during this meeting.

Here you can download the presentations made during this meeting. Please keep in mind that each file's author retains the copyright to their work.

Opening remarks
Jose C. Lacal
Motorola / iDEN Subscriber Group
idenphones.motorola.com
PowerPoint file: Download 200K
"Using VC Experience to Create Business Value"
Joanne Hyland, Principal
Radical Innovation Group
www.radicalinnovation.com
PowerPoint file: Download 81K
"Tacit knowledge and innovation"
Dr. Rafael Rangel-Aldao
Empresas Polar (Venezuela)
www.empresaspolar.com
PowerPoint file: Not available yet.
Networking dinner
Kenneth P. Morse, Managing Director
MIT Entrepreneurship Center
entrepreneurship.mit.edu
PowerPoint file: Download 142K
"Making Intrapreneuring Work"
Gifford Pinchot, Pinchot & Co.
co-author of "Intrapreneuring in Action"
www.pinchot.com
PowerPoint file: Download 1,410K
"Partnering with Government: The Advanced Technology Program."
Dr. Andrew Wang, Economist
National Inst. of Standards and Technology / Advanced Technology Program
www.atp.nist.gov
PowerPoint file: Download 865K
"Spinning-off to maximize corporate value"
Reid Watts
Progeny Ventures
author of "The Slingshot Syndrome"
www.progenyvc.com
PowerPoint file: Download 661K
Case study: Boeing - Chairman's Innovation Initiative
J. Carter Williams, Program Manager
www.boeing.com/employment/culture/employeeEmpowermentText.html
zipped pdf file: Download 3,827K
Case study: Eastman Chemical
Brenda Barnicki; Director, Services Business Development
www.eastman.com
PowerPoint file: Download 5,074K
Working lunch: "Dealing with Disruption"
Prof. Rebecca Henderson, Eastman Kodak LFM Professor
MIT Sloan School of Management
www.mit.edu/people/rhenders/home.html
PowerPoint file: Download 202K
"BET Dev program: an executive MBA for Intrapreneurship"
David Weber, Director
Management of Technology Program; MIT Sloan School of Management
mitsloan.mit.edu/programs/main.html
PowerPoint file: Not available yet.
Closing remarks
Jose C. Lacal
Motorola / iDEN Subscriber Group
idenphones.motorola.com
PowerPoint file: Download 116K

Future meetings.

We are considering where to host future meetings. Send us an e-mail if you want to be added to our invitation list; if you want to speak at an upcoming event; or if you want to host a meeting.

Web hosting kindly provided by Progeny Ventures.