Scouting Interview: Jordi Rafols, Innoget, Barcelona, Spain yet2.com recently interviewed Jordi Rafols, Co-founder, Marketing and B&D Manager at an on-line open innovation community in Europe for technology transfer, who provides scouting services for yet2.com. yet2.com: Jordi, tell us about your company and how you originally connected with yet2.com. Jordi: Our company was born in a Barcelona Science and Technology Park in 2006. We’ve built a community for technology transfer practitioners — primarily through our on-line marketplace, which has more than 100,000 users worldwide, across 16 industries. Our customer base ranges from large corporations, to small and medium enterprises (SMEs), to research institutions and universities that directly post technology needs and offers in our on-line marketplace www.innoget.com. We connected with yet2.com at the very beginning, in 2007. yet2.com offers an excellent and unique approach to companies wanting to increase their internal innovation abilities. As part of our relationship, yet2.com shares postings with us to list on our marketplace. yet2.com also supports us in helping to translate technology needs in order to draw results from across a broader range of industries. yet2.com: What’s the innovation climate like in Spain right now? Jordi: Europe and Spain are still attractive places to find opportunities in terms of spin-offs, start-ups, and tech products, despite the current environment. There are fewer funds available right now for innovation across Europe, which means we have to be more efficient. yet2.com: What are the industry strengths in your region? Jordi: Life sciences, pharma, healthcare technologies, biotech; also computer sciences, food & beverage — which is moving very quickly to open innovation right now; chemical, and fast moving consumer goods. yet2.com: What are some of the harder parts about helping companies in your region to adopt an open innovation mindset? Jordi: Interest in open innovation varies company by company, instead of industry by industry. Companies, SMEs in particular, are not used to relying on external partners for new technology. It’s not that they’re not willing to do so, but that they need to change their internal structures. Currently they are relying on their existing capabilities, organization, and methods. To make open innovation work well for them, they need to provide for the abilities and roles to filter, assess, and manage the open innovation process. yet2.com: This sounds very similar to many companies in Ohio! What, then, are the key benefits that convince your customers to try open innovation approaches? Jordi: The companies know they have the need, and they don’t feel confident that their traditional avenues are going to achieve the best results. They realize that, with help, they might Continued on page 2 Jordi Rafols Co-founder, Marketing and B&D Manager Innoget yet2.com Inc., 10 Kearney Road, Suite 300, Needham, MA 02494 USA | +1-781-972-0600 yet2.com Open Innovation Newsletter Copyright © 2013 yet2.com Inc. Scouting Interview: Jordi Rafols, Innoget, Barcelona, Spain 2 page Continued from page 1 be able to get a wider perspective of what’s out there, globally, to help them. This is related to time-to-market and the costs involved with developing a new product. Using open innovation can be a faster and more cost-efficient path to market. Customers know we are focused more on finding ready-for-market technologies, not just research-phase ideas. And that can save them time and money. yet2.com: Your approach is very similar to yet2.com’s focus on market-ready technologies. So if an Ohio customer has a technology need, how do they work with you? Jordi: yet2.com might send us the TechNeed posting for us to put up on our web marketplace; we also use our networked customer knowledge to direct queries to players we think might be able to help. yet2.com: Are there any cultural differences between U.S. and Spain when it comes to deal making? Jordi: Not really. It may be that here in Spain corporate management might like to know more details, or take a little more time, but both sides are hands-on and do lots of deals between both public and private organizations. Another similar factor between both countries is that there are a lot of initiatives and infrastructure at both the national and regional levels to encourage innovation and science/technology development. Spain has been developing and changing the way it operates over time, just the way you seem to be doing in the States, especially with this new Ohio program. Both sides still have a lot to do and seem to be dealing with the same challenges. yet2.com: Is there anything else you’d like Ohio mid-sized companies to know? Jordi: Yes — our company base is similar to the corporate base in Ohio: quite a few large players, but a majority of small and medium enterprises. We really focus a lot of our energy on these mid-market players and would love to help companies on both sides. We’re well connected in Spain, Europe, and around the globe — doing a lot of collaboration. We look forward to working with your Ohio clients. Bruce Heinrich yet2.com One Chagrin Highlands, Suite 300 Beachwood, OH 44112 1-614-601-2564 yet2.com Inc., 10 Kearney Road, Suite 300, Needham, MA 02494 USA | +1-781-972-0600
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