regional innovation imperatives for global success the north alabama region: a globally competitive...

Regional Innovation Imperatives for Global Success

The North Alabama Region: A Globally Competitive Community

May 23, 2005Randall Kempner

© May 2005www.compete.org 2 ©

The Council on Competitiveness

Founded in 1986 by John Young

Non-profit, non-partisan

170+ members

CEOs, University Presidents, Labor Leaders

Set public policy action agenda to drive:

U.S. productivity growth

High living standards

Success in global markets

“Our agenda is at the nexus of necessity and opportunity—and we all have an obligation to serve the nation.”–Duane Ackerman, CEO, BellSouth Corporation, Chairman, Council on Competitiveness


The (New) Path to Prosperity

ProsperityProsperityProsperityProsperity

InnovationInnovationInnovationInnovation

CompetitivenessCompetitiveness(Productivity)(Productivity)

CompetitivenessCompetitiveness(Productivity)(Productivity)

The most important sources of prosperity are created not inherited

Productivity does not depend on what industries a region competes in, but on how it competes


What is Innovation? Innovation is more than just a new idea…

Idea Generation (Invention); Idea Development; Idea Commercialization

Improves on the existing way of doing things

Generates value for society

Can come from anyone and anywhere

Can be a product, process, service, strategy, etc.

21st Century Innovation

Fast

Collaborative/ Open

Multidisciplinary

Demand-driven

Global

What Is Innovation?


The Pace of Innovation – andKnowledge Diffusion is Quickening

0 25 50 100 125 150

Automobile

75

Years

20

50

100TelephoneElectricity

Radio

Television

VCR

PC

Cellular

Inte

rnet

% P

en

etr

ati

on


Program Cte.

PR/MediaPolitical LiaisonEvents Mgmt.Tech. Support

21st Century Innovation

Innovation Finance

Public Sector Innovation

Advisory Cte.

40 innovation leaders from industry, labor, academia, govt.

Innovation Markets

Innovation Frontiers

Innovation Skills

W O R K I N G G R O U P S

Innovation Environment & Infrastructure

Council on CompetitivenessNational Innovation Initiative

Principals Committee

19 distinguished senior leaders from industry

and academia


While America still leads the world in many areas, we found a range of challenges

Talented scientists and engineers

Flexible workforce

Active entrepreneurial culture

Vibrant capital markets

Strong intellectual property protection

Growing economy

Sustained, high productivity

Performance and reputation as global innovation leader

Strength

Decreasing relative quantity and quality

Health and retirement benefits and Brain Drain

Regional access to early stage capital

Short-term focus

Effectiveness of Patent and Trademark Office

Triple Deficit — Trade, Federal Budget and Personal Savings

Measuring and capturing contribution of “innovation”

We are not alone

Weakness


The Global Innovation EconomyEmerging Regional Development Imperatives

Focus on Building Talent, Not Attracting New Companies

Protect Quality of Life, Vigilantly

Get Connected: Partnerships and Networks are Required

Focus on Incorporating Technology, Not Technology Industries

Attracting Talent is Easy, Developing it is Hard (But Worth It)

Cultivate a Dynamic, Tolerant Culture

Randall’s Regional Rules


Thank You!

Randall Kempner

Vice President

1500 K Street NW, Suite 850

Washington, DC 20005

Email: [email protected]

Website: www.compete.org


The NII recommendations are based on three platforms

TALENT

INVESTMENT

INFRASTRUCTURE

Build the Base of Scientists and Engineers

Catalyze the Next Generation of American Innovators

Empower Workers to Succeed in the Global Economy

Revitalize Frontier and Multidisciplinary Research

Energize the Entrepreneurial Economy

Reinforce Risk-Taking and Long-Term Investment

Create a 21st Century Intellectual Property Regime

Strengthen America’s Manufacturing Capacity

Build 21st Century Innovation Infrastructures – the health care test bed


The Principals Committee leads the NII


The innovation ecosystem concept shifts the debate

Federal R&D Spending

Offshoring

Entrepreneurship

Workforce Training

K-12 Education

Higher EducationTechnology

TransferBusiness-University

Collaborations

S&E Workforce

Regional Economic

Development

Accounting Rules

Intellectual Property

ManufacturingHealthcare

INNOVATION POLICY

Most Policy Makers See Discrete Issues With Narrow Constituencies

We See a Single Innovation Policy with a

Broad Constituency


Europe and Asia now each produce more PhDs in natural science and engineering than the US

0

5,000

10,000

15,000

20,000

25,000

1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001

Europe

United States

Asia

Source: National Science Foundation, Science and Engineering Indicators 2004

Annual natural science and engineering doctoral degrees in the United States, Europe, and Asia


The US, though still leading producer of manufactured products, is losing share, quickly

90

100

110

120

130

140

150

2000 2001 2002 2003 2004

Source: IMF, World Bank, Various Country Statistical Agencies, MAPI

Manufacturing Production by Region of the WorldIndex: 2000=100

Japan

United States

Western Europe

Central Europe

Asia, excl Japan

Latin America

regional innovation imperatives for global success the north alabama region: a globally competitive...

Documents