planet aikon ideam camp pune2

Realizing Your Ideas by Leveraging Community Powered Innovation

1© Aikon Labs LLC : 2008 - 09

Who will fund Your Ideas?


Probability of Funding

Inno

vatio

n M

atur

ity

Low

High

High

Ideation Stage

Idea to Prototype

Prototype to Product

Go To Market

Growth

Lessons Learnt

1.Funding of Innovation is skewed towards Market & Growth Risks

2.Valuation and ceding control to Investors at Idea Stage is key consideration

3.Limited Choices – Bootstrap or Incubate (Free always comes with a Price Tag)

Community Powered Innovation – An alternative to Capital


1. Leverage wisdom and power of a community to under-write your ideas with their efforts and skills

2. Engage with an Ecosystem that brings together Ideators, Contributors and Sponsors

3. A platform that goes beyond collaboration to co-creation (execution) of innovative products and solutions

Efforts as Capital

Seed Your Ideas with the help of skills and efforts of the Community

Team with the Best

Connect, Collaborate & Co-create with the best minds – Get your A Team

Your Destiny Your Terms

A successful prototype goes a long way in helping you negotiate your future

Lead Users

Domain & Tech Contributors

Legal Experts

Ideators

Sponsors

Mentors

Academic/R&D

Angel Investors / Venture Capitalists

Industry Associations

Aikon Leads

© Aikon Labs LLC : 2008 - 09 4

PlanetAikon™ Ecosystem Divergence of Aspirations, Convergence of Purpose

The Power Law of Co-creation*


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CONNECT Build Relationships

COLLABORATEShare & Team

CO-CREATEExecute & Realize

Build ProfileAdd Contacts & NetworkSubscribe & FavoritesCommentWriteIdentify Team

Form Team & ShareDiscuss & ModerateDefine RolesBuild RoadmapBusiness CaseTeaming Agreement

Refine Team & ContractPlan & ManageBuild & Test Early Beta & Feedback Commercialize Contribute

* Adapted from Ross Mayfield’s Power Law of Participation

Community Incubation ProjectsRealizing Ideas with Community Participation


PlanetAikon PlatformIdea to Product L/C

Solution Blades CatalogCommercialize/Contribute

Request Closed

Request Team space Creation for Idea

Incubation

Request for Idea Incubation Ideators

Form Core Team & Teaming Contract

Post & Share Idea

InTeam space

Develop Product Specs

DesignProduct

DevelopProduct

Plan

ImplementDesign

&/orIntegrate

Launch

Review &

Refine(Quality Gates)

Design Transformation

Aikon Leads & Facilitators Domain

Communities

Designer/ Architect Communities

Lead Users Developer CommunitiesMentors

Legal Experts

Your Cause - Our Mission


Enable a Community-Powered Global Innovation Enable a Community-Powered Global Innovation Ecosystem through a Collaboration and Execution Platform Ecosystem through a Collaboration and Execution Platform

to incubate Next Generation IPto incubate Next Generation IP

Process Frameworks

Communities

Scope Value Time

Economies of Innovation

Platform &Tools

Thank You – Q & A
