Regional Upward Spirals Egils 1.4

8/4/2019 Regional Upward Spirals Egils 1.4

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The Washington Innovation

EconomyA Strategy for Growth, Jobs and

Competitiveness in a Time of Fiscal Constraint

Presentation for:Regional Upward Spirals

Future Technologies, Skills, Jobs and Quality of Life

IBM Almaden Research Center

San Jose, CA

September 27th, 2011

Egils MilbergsExecutive Director

Washington Economic Development Commission

www.wedc.wa.gov 11.1
http://www.wedc.wa.gov/http://www.wedc.wa.gov/


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COSTCO

CommercialAirplanes

The Other Washington


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We need to solve this problem

Source: Kriss Sjoblom [[email protected]]


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WA Economic Development Commission 4

10-4-57


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one small ball in the air

19571985

2011Sputnik Moments

this is our generations

Sputnik moment

Presidents Commission on

Industrial Competitiveness
http://www.sodahead.com/united-states/sodahead-slideshow-who-is-the-most-influential-american-in-history/blog-366455/


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Where policy needs to go

FROM

Short-term fixes

Public Sector Jobs Shovel Ready

Expand Safety Net

Consumption

Foreign Debt

TO

Long-term policies

Private Sector Jobs Innovation

Workforce Skills

Investment

Exports

6WA Economic Development Commission


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1960s & 1970s

Advantage is Cost

Strategy is

Make it Cheaper

1980s & 1990s

Advantage is Quality

Strategy is

Make it Better

2000s

Advantage is Innovation

Strategy is

Make something new

Changing paths to competitiveness

Over half of Fortune 500 and just under half of

2008 Inc. list began during a recession or bear

market.Dane Stangler, Kauffman Foundation

There is no better time like

a downturn to innovate.


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8

Why such intense interest in innovation?

The central theme in advancedandemerging economies.

2/3 of GDP per capita growth comes frominnovation

Social return is 2 to 4 times private return

(spill-over effect) Technology industries pay 70% more than

other jobs

Determines country, regional and staterankings.

Source of competitive advantage againstlow-wage nations

Addresses needs in energy, health,transportation, water, education, etc.

WA Economic Development Commission


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The World

of R&D2010

9Washington Economic DevelopmentCommission


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R&D Business

Model

Process

Product

ValueOutcomes

Market

Demand

From Idea to Value

PUSH PULL


Macro-Economic

ConditionsPublic Policy

Infrastructure Mindset


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Innovation Vital Signs (2008)Evaluated 52 Public Reports, 3126 Indicators


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Benchmarking WA Innovation Performance:

2010 New Economy Index

12

Source: ITIF

26 indicators in five categories:

1. Knowledge Jobs

2. Globalization

3. Economic Dynamism

4. Digital Economy

5. Innovation Capacity WA Economic Development Commission


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Investment

Entrepreneurship

Talent

Infrastructure

Growth

Employment

Prosperity

Quality of LifeCompetitiveness

Innovation

Foundations

Innovation

Outcomes

Regional Innovation

Ecosystems

Innovation Policy Framework

GSH

13

Innovation

Ecosystem

Education

Research

Entrepreneurs

Associations

Non-

ProfitsGovt

Capital

Business

Workforce

Skills

STRATEGY: Make Washington the most attractive, creativeand fertile environment for innovation in the world by 2020


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Innovation Ecosystems Evolve

Growth Node

Innovation Ecosystem

Nascent Cluster

Virtual Cluster

None or few firms

Growth potential

Few to many firms

Fast growth

Key linkages

Virtualized functionsAccelerated

collaboration

Many nodes

Dense linkages

Network to Network

STARSIPZs

R&D

EIRsPatents

Incubators

InnovationAccelerators

Tax

Incentives

Talent

Gap

Funding SBIR


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Strategies



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Talent Challenge

17Egils Milbergs


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Partnerships: Next Phase of Growth

TIME

PROSPER

ITY+JOBS

We are focusing here


Technology Push

Market Pull

New, Radical,

Disruptive GPT


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19

Defense

Technology

Medical

Devices

Value-Add

Food

Freight

Mobility

Electric Car

Water

Technology

NanoPhotonics

Global Health

Health

Services

Bio-Fuels

Advanced

Manufacturing

Cloud

Computing,

Data Centers

Smart Grid

Clean Tech

Advanced

Materials

Marine

Technology

Wine,Water


Disruptive Innovation Clusters

Financial

Services


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Innovation Partnership ZonesBellingham Innovation Zone

Aerospace Convergence Zone

Sequim, North Olympic IPZTri-Cities Research District

South Lake Union Life Science IPZSpokane University District PZBothell Biomedical ManufacturingCorridorCentral Washington ResourceEnergy Collaborative

Grays Harbor SustainableIndustriesWalla Walla IPZ


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Global Health Ecosystem

Ecosystem

21
http://www.wghalliance.org/index.html


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Washington STARS

Michael Hochberg Birgitte Ahring

Chen-Ching Liu

Daniel Kirschen

UW

WSU BSEL Center for Bioproducts and Bioenergy

Smart Grid

WSU

Hugh Hillhouse
http://www.google.com/url?sa=t&source=web&cd=1&ved=0CBYQFjAA&url=http://wsutoday.wsu.edu/pages/publications.asp?Action=Detail&PublicationID=25832&TypeID=1&rct=j&q=chen-ching%20liu%20wsu&ei=PhVETvnnAofUiALJteiwAg&usg=AFQjCNFI7p1AsWkZHjfh4XXbKqYTz5Qsvw


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Faces of Emerging Industries

Entrepreneurs-in-Residence

Lars Johansson

Ronald Berenson

Terri Butler

Henry Berg

Stephanie Amoss

Ken Myer

David Kaplan

David Croniser

Thomas Schulte

Bryan Zetlan

Lewis Rumpler

Peter Quinn

Karen Fleckner

Kevin Petersen

Jeff Canin

Chris Leyerle


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Transforming Infrastructure

Post ICE Age?

Internal Combustion Engine

24

Leave oilbefore it

leaves us!



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PNWER Region (GDP/Pop.)

State/Prov. GDP* PopulationWash. 322,778 6,549,224

Alberta 291,300 3,735,086

B.C. 191,006 4,551,853

Oregon 161,573 3,782,991

Idaho 52,747 1,545,801

Alaska 47,912 686,293

Sask. 41,296 1,049,701

Montana 29,885 974,989

NW Terr. 4,124 41,464Yukon 2,026 34,157

Total 1,144,647 22,901,559

*2009 population & GDP in $US Million

Data provided by PNWER Pacific Northwest Economic Region

Pacific Northwest is an innovation powerhouse

If PNWER were a

separate country,

it would rank 14th in

total GDP



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Brand Decade of Innovation

Leverage the 2012 Worlds

Fair Anniversary Launch WA innovation X

Prize

26

www.thenextfifty.org


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27

The best way to predict the future is to invent it.


There is an App for that

Regional Upward Spirals Egils 1.4

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Transcript of Regional Upward Spirals Egils 1.4