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Welcome to 2012 entries


New Hvirflas: Jefferson Innovation Summit Call 


By Hayk V. Asriyan | May 11, 2012 at 15:00 AM EDT | 


The beginning of the year was marked by notorious event organized by the brotherhood of innovators of the United States at notorious days.

The Summit marks significant shift the world have ungone in strongly competitive world environment where the Spirit of Innovations looks like went off from the transcendent detachment and proactively innovates all around about.

I am sure that Innovators of Armenia will be interested to learn about the summary of the Summit, here I do quote some notorious segments:

The seven "Foundation" areas that constitute the Declaration call for engagement from all stakeholders across the public and private sphere to foster change in elements of society ranging from education and financial services to immigration and intellectual property - specifically championing the following:

1. Comprehensive educational system
that develops and inspires all people to be curious and creative leaders by providing experiential learning opportunities and exposure to imaginative and entrepreneurial role models.

2. Entrepreneurial culture that inspires and empowers communities and individuals to embrace, nurture and celebrate innovators and entrepreneurs.

3. Collaborative public and private financial institutions that promote appropriate investment in innovative research, entrepreneurial startups and social enterprises.

4. Progressive immigration policies
that attract and retain the best talent in the world and encourage them to work for local businesses and launch their own ventures.

5. Coherent tax structure that encourages investors, managers, entrepreneurs and inventors to allocate greater risk capital to research, development and new venture creation.

6. Nimble and professionalized regulatory system that simplifies and harmonizes regulation across nations, states, regions and municipalities, enabling productive and progressive risk taking.

Modernized intellectual property laws that reflect the realities of the post-industrial age in order to improve collaborative efficiency and better incentivize the co-creation of new ideas, technologies and ventures.

Competitive advantage 


By Hayk V. Asriyan | Nov 14, 2012 at 11:00 AM EDT | 

Competitive advantage is a magical phrase frequently in use but not well conceptually apprehended. It is critical as for such a great country as Russrian Federation is (recently I transited some of my activities to, so the blog feeling slowed down a little) so and for such a small country as Armenia is. Dr. Andrew Makintosh, Chief Executive of Royal Society Enterprise a year ago introduced such a phrase as Enormous Competitive Advantage while highlighting research and intellectual assets of the Royal Society. The video below shows that even availability of Enormous Competitive Advantages  requests implementation of a sound system of managing the innovations to transfer the enormous advantages into Competitive Advantages of the Nation and Society as a whole. In the contemporary world, in rapidly changing environment it is a complex challenging task for any managerial team venturing to handle with intellectual assets with expectations to build up certain competitive advantage for certain party at certain advancement frontier. In Armenian case it is much more challenging in our days.  

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