solano life sciences may 13, 09 major employers group

© 2008 Collaborative Economics

Solano County’s

Life Science ClusterPresentation to

Vacaville Chamber of Commerce

Major Employers Group

May 13, 2009

Prepared by Collaborative Economics


LIFE SCIENCES CLUSTER FINDINGS

Science Innovation is taking place in Solano

Life Science has grown fast & continues to grow faster than the Bay Area

Earnings in Life Science are growing & higher than other employers due to high skills & education requirements

Residents make up bulk of jobs holders in Life Sciences Solano companies

Science education & training options are developing but need focus & emphasis


SAN FRANCISCO BAY AREA IS GLOBAL LEADER IN BIOTECHNOLOGY PATENTS


BAY AREA PERSPECTIVE

The Bay Area is a knowledge economy, yet investment in education is significantly lagging the nation

Mobility is key for our economy and a recession is the perfect opportunity to make infrastructure investments

The cost of doing business and the anti-business climate in the Bay Area are causing many businesses to reconsider investing here

The Bay Area is too fragmented, and better regional coordination could be a significant differentiator

Clean technology (IS) could be the next big wave of innovation

www.bayareaeconomy.org


Demand For Knowledge Workers

A California Council on Science and Technology report, produced in 2002, called for statewide school reform based on changing labor market conditions.

According to the report, high-tech is the second largest economic sector in the state and currently has a shortfall of 14,000 workers with bachelor’s degrees in science and engineering.

California schools do not produce enough science and education graduates to meet industry’s growing demand, and to do so they would need to generate 70 percent more graduates at the bachelor’s degree level.


LIFE SCIENCE IS GROWING


LIFE SCIENCES IN SOLANO COUNTY IS GROWING RAPIDLY


VACAVILLE LIFE SCIENCE CLUSTER

ALZA Corp.

DesigneRxPharmaceuticals

Genentech/Roche

Novartis

Predictive Diagnostics

Synder Filtration


INNOVATION IN SOLANO

SOLANO’S INNOVATION ASSETS INCLUDE:

Three research universities in close proximity: U.C. Davis, U.C. Berkeley and Touro University

Rising number of NIH grants:

6 grants 1995-2001

13 grants 2002-2008

U.C. Davis ranks 12th

in nation among public

universities for total

research funding.


EARNINGS ARE GROWING FASTER IN SOLANO THAN OTHER PLACES


…AND FASTER THAN IN OTHER INDUSTRIES


RESIDENTS FILL BULK OF JOBS

78% of Life

Science Jobs are filled by

Solano County residents.


…AND AT BOTH ENDS OF THE SKILLS SPECTRUM

87% of

employment is in

manufacturing


TRAINING OPTIONS ARE DEVELOPING

No academic discipline is more important to the continued success of the Life Science industry than

science education.

Training Programs in Solano: Biotech Academy

Solano Community College

University of California at Davis

University of California at Berkeley

Touro University


SUPPORTING SCIENCE CLUSTERS

WHAT HAVE THE COMMUNITIES DONE: Creation of SolanoSTEM Foundation for support & development

of training opportunities (i.e. biotech academy, other science and math programs for K-16)

Continue to improve & provide R&D and manufacturing infrastructure (water/sewer supply)

Continue to improve business relationships with research universities to spur business start-ups, transfer of innovation & attraction of science companies.

Continue to improve federal, state and local tax & business climate policies to support the continued growth science companies


YOUR COMMENTS & IDEAS PLEASE

What can Solano County communities do to further support the continued growth of Life Science & technology companies in the county?

solano life sciences may 13, 09 major employers group

Documents

collaborative economics

solano life science

life science industry

science clusterswhat

bay area earnings

solano county communities

bay area perspective

davis university of