{"id":3161,"date":"2012-05-21T09:00:00","date_gmt":"2012-05-21T07:00:00","guid":{"rendered":"https:\/\/fpisani.wpengine.com\/innovation-the-challenge-of-time\/"},"modified":"2012-05-21T09:00:00","modified_gmt":"2012-05-21T07:00:00","slug":"innovation-the-challenge-of-time","status":"publish","type":"post","link":"https:\/\/www.francispisani.net\/en\/innovation-the-challenge-of-time\/","title":{"rendered":"Innovation: The Challenge of Time – Francis Pisani"},"content":{"rendered":"
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Silicon Valley\u2019s relationship with time is perhaps what separates it most from the rest of the world, from what I\u2019ve seen so far in these trips. The entire system in California is based, for solid economic reasons, on the speed of conception, execution and exit strategy (M&A or IPO). Its built into the way apps are developed, with the notion of a beta version being to get a product on the market as soon as possible, fine-tuning it with user input.<\/p>\n

It\u2019s a different story in the places I\u2019ve visited. In Recife, Brazil, Silvio Meira, a computer-science professor who played an integral role in making the city the third most important technology hub in Brazil, behind S\u00e3o Paulo and Rio De Janeiro, says, \u201cIt took Silicon Valley 30 years to become Silicon Valley. India has been working on Bangalore\u2019s development since this 70s. You can\u2019t just wave a magic wand: you need to train tens of thousands of engineers, and learn how to execute systematically<\/em>.\u201d And always, you need to kindle an entrepreneurial spirit.<\/p>\n

In Jakarta, Indonesia, Rama Mamuaya, the founder of\u00a0DailySocial<\/a>, took me to an incubator called Merah Putih. He told me that startups stayed there a long time, a year-and-a-half or longer. \u201cMost are founded by really young people who have no business experience, like me. Our goal is to create stable businesses. There\u2019s no time limit for that<\/em>.\u201d<\/p>\n

In Mumbai, India, entrepreneur and investor Vishal Gundal has also studied Silicon Valley. Not only does \u201cwhat takes 2 years in the U.S. takes 4 or 5 years here, and the long tail, 7 to 10<\/em>,\u201d he says, but the things only begin to build speed after one or two startups succeed, when a lot of young people want to follow that example and launch themselves into the entreprenurial adventure.<\/p>\n

This idea is also taken up by Poyni Baht, the director of SINE, an incubator founded in 1999 at the Indian Institute of Technology. \u201cWe don\u2019t have role models<\/em>,\u201d she says. \u201cWe don\u2019t have enough successful entrepreneurs to grow a community. There\u2019s limited expertise, and failure is still taboo. It\u2019s all about the ecosystem<\/em>.\u201d<\/p>\n

Mahesh Samat, formerly head of Disney India, is convinced that \u201cEmerging markets don\u2019t grow up overnight. It didn\u2019t happen like that in the U.S. or Europe. Emerging markets will follow a normal curve \u2013 rapid growth is an exception<\/em>.\u201d<\/p>\n

Money isn\u2019t really the problem. It\u2019s everywhere, but the people who have it aren\u2019t comfortable with risk and don\u2019t have faith in the intangible knowledge economy. They would rather \u201cgive it to an idiot son than to someone worthy but unknown,\u201d says Mahesh Murthy, an entrepreneur and investor, who is himself from a Brahmin family. Things will change, but only through with the advent of old-moneyed digital natives.<\/p>\n

The importance of time in the development of global innovation shows two things. The first is that the desire to move fast is perhaps a trap, both for regions that want to imitate Silicon Valley and for foreign investors who insist on applying their local model in other regions.<\/p>\n

The second is that the world might flat, but it\u2019s definitely not smooth. It\u2019s polychromatic, working at several speeds at once. Innovation needs money, organization, financial growth, but in order to go forward, it has to interrogate the way some cultures and heritages change at glacial speed.<\/p>\n

But make no mistake, the constant behind these multiple times is that they\u2019re bubbling up everywhere.<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

Silicon Valley\u2019s relationship with time is perhaps what separates it most from the rest of the world, from what I\u2019ve seen so far in these trips. The entire system in California is based, for solid economic reasons, on the speed of conception, execution and exit strategy (M&A or IPO). Its built into the way apps […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"newspack_featured_image_position":"","newspack_post_subtitle":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[344,652,651],"tags":[],"class_list":["post-3161","post","type-post","status-publish","format-standard","hentry","category-english","category-technos-3","category-winch5-3","entry"],"yoast_head":"\nInnovation: The Challenge of Time - Francis Pisani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.francispisani.net\/en\/innovation-the-challenge-of-time\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovation: The Challenge of Time - Francis Pisani\" \/>\n<meta property=\"og:description\" content=\"Silicon Valley\u2019s relationship with time is perhaps what separates it most from the rest of the world, from what I\u2019ve seen so far in these trips. 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Francispisani \u00e0 gmailvousconnaissezlasuite Google http:\/\/tinyurl.com\/francispisani Twitter: @francispisani A tout de suite\u2026","sameAs":["https:\/\/www.francispisani.net\/","https:\/\/www.facebook.com\/francis.pisani","https:\/\/www.linkedin.com\/in\/francispisani","https:\/\/x.com\/francispisani","https:\/\/fr.wikipedia.org\/wiki\/Francis_Pisani"],"url":"https:\/\/www.francispisani.net\/en\/author\/francis-pisani\/"}]}},"jetpack_publicize_connections":[],"jetpack-related-posts":[{"id":3313,"url":"https:\/\/www.francispisani.net\/en\/design-thinking-how-to-innovate-if-youre-not-an-engineer\/","url_meta":{"origin":3161,"position":0},"title":"Design thinking: How to innovate if you\u2019re not an engineer – Francis Pisani","author":"Francis Pisani","date":"10 September 2012","format":false,"excerpt":"Tech innovation will always need engineers \u2013 and savvy geeks \u2013 entrepreneurs, and investors excited by risks and the opportunities that come with them.Everyone has their own recipe for success, so there really is no one true way to do things.It\u2019s like brewing, the co-mingling of important elements. The mix\u2026","rel":"","context":"In "english"","block_context":{"text":"english","link":"https:\/\/www.francispisani.net\/en\/english\/"},"img":{"alt_text":"silvio meira Design thinking: How to innovate if youre not an engineer","src":"https:\/\/i0.wp.com\/img.over-blog-kiwi.com\/0\/73\/87\/12\/2012\/09\/10\/ob_48c821_silvio-meira.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3305,"url":"https:\/\/www.francispisani.net\/en\/reprisal-the-journey-east-returning-to-my-roots\/","url_meta":{"origin":3161,"position":1},"title":"Reprisal: The Journey East, Returning to My Roots – Francis Pisani","author":"Francis Pisani","date":"3 September 2012","format":false,"excerpt":"I\u2019m writing this in Ho Chi Minh City. I just got here, the next step on my trip around the world of innovation. From here, I\u2019ll go to Singapore, Manilla, Hong Kong, Shanghai, Beijing, Seoul, Tokyo, San Francisco and New York. The big trip.This is also also where I became\u2026","rel":"","context":"In "english"","block_context":{"text":"english","link":"https:\/\/www.francispisani.net\/en\/english\/"},"img":{"alt_text":"pisani ho chi min Reprisal: The Journey East, Returning to My Roots","src":"https:\/\/i0.wp.com\/img.over-blog-kiwi.com\/0\/73\/87\/12\/2012\/09\/03\/ob_4eb5d1_pisani-ho-chi-min.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3041,"url":"https:\/\/www.francispisani.net\/en\/brazil-ledface-answers-your-subjective-questions\/","url_meta":{"origin":3161,"position":2},"title":"Brazil: Ledface Answers Your Subjective Questions – Francis Pisani","author":"Francis Pisani","date":"6 April 2012","format":false,"excerpt":"Where was Einstein born? You probably don\u2019t know (I don\u2019t), but no big deal: Wikipedia, Google, Yahoo and Bing, to name a few, can give you the answer almost instantaneously. But if you want to find the best book for exploring his theory \u2026 then things get hard.Search engines and\u2026","rel":"","context":"In "english"","block_context":{"text":"english","link":"https:\/\/www.francispisani.net\/en\/english\/"},"img":{"alt_text":"ledface Brazil: Ledface Answers Your Subjective Questions","src":"https:\/\/i0.wp.com\/img.over-blog-kiwi.com\/0\/73\/87\/12\/2012\/04\/06\/ob_da4fdc_ledface.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2606,"url":"https:\/\/www.francispisani.net\/en\/winch-5-1\/","url_meta":{"origin":3161,"position":3},"title":"Winch 5 – Francis Pisani","author":"Francis Pisani","date":"30 September 2011","format":false,"excerpt":"I\u2019m launching this new blog from Mexico, the first step in a series of trips born from a desire to understand the state of innovation and social media in the five corners of the world. I\u2019m convinced that the majority of life-changing technologies will come soon from places other than\u2026","rel":"","context":"In "english"","block_context":{"text":"english","link":"https:\/\/www.francispisani.net\/en\/english\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2738,"url":"https:\/\/www.francispisani.net\/en\/alexandria-the-library-from-papyrus-to-bits\/","url_meta":{"origin":3161,"position":4},"title":"Alexandria: The library, from papyrus to bits – Francis Pisani","author":"Francis Pisani","date":"7 November 2011","format":false,"excerpt":"Alexandria\u00a0\u2013 Located not far from the ruins of its ancestor, the building containing the new library of Alexandria (Bibalex) is alone worth the trip. The exterior of the building designed by the Norwegian firm\u00a0Sn\u00f8hetta\u00a0looks like a sort of half-moon sitting on the horizon. The interior contains the largest reading room\u2026","rel":"","context":"In "english"","block_context":{"text":"english","link":"https:\/\/www.francispisani.net\/en\/english\/"},"img":{"alt_text":"alexandriefrancis1 Alexandria: The library, from papyrus to bits.","src":"https:\/\/i0.wp.com\/img.over-blog-kiwi.com\/0\/73\/87\/12\/2011\/11\/07\/ob_5690ce_alexandriefrancis1.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1561,"url":"https:\/\/www.francispisani.net\/en\/lets_not_forge-2\/","url_meta":{"origin":3161,"position":5},"title":"Let\u2019s not forget what we owe to the hippies – Francis Pisani","author":"Francis Pisani","date":"20 July 2005","format":false,"excerpt":"When I arrived from Mexico and war-torn Central America to cover Silicon Valley I was impressed, and more than slightlyskeptical, to find millionaires with some kind of social bent. Money, ofcourse, matters more than revolution around here, but it is not always thewhole picture. This is not easy to understand\u2026","rel":"","context":"In "english"","block_context":{"text":"english","link":"https:\/\/www.francispisani.net\/en\/english\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"amp_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/posts\/3161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/comments?post=3161"}],"version-history":[{"count":0,"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/posts\/3161\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/media?parent=3161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/categories?post=3161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.francispisani.net\/en\/wp-json\/wp\/v2\/tags?post=3161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}