June 11, 2014
How Oregon Can Win In the New Global
Innovation Economy
Dr. Robert Atkinson, President, ITIF
@robatkinsoniti...
Today’s Presentation
2 Key Principles for Success
SNEI Results for Oregon1
2
3 Global Policy Innovations
3
The 2014 State New Economy Index uses 5 groups of 25 indicators
to map how well states are adapting to the New Economy:
...
4
2014 SNEI Overall Scores
Oregon:
Rank
2014: 15
2012: 14
2010: 14
5
Information Technology Jobs
Oregon: Rank
2014: 26
2012: 27
2010: 30
6
Managerial, Professional, and Technical Jobs
Oregon:
Rank
2014: 15
2012: 17
2010: 26
7
Workforce Education
Oregon: Rank
2014: 17
2012: 18
2010: 16
8
Immigration of U.S. Knowledge Workers
Oregon: Rank
2014: 9
2012: 15
2010: 30
9
Migration of U.S. Knowledge Workers
Oregon: Rank
2014: 11
2012: 18
2010: 29
10
Manufacturing Value Added
Oregon: Rank
2014: 3
2012: 3
2010: 14
11
High-Wage Traded Services
Oregon: Rank
2014: 20
2012: 18
2010: 17
12
Export Focus of Manufacturing and Services
Oregon:
Rank
2014: 21
2012: 13
2010: 11
13
Foreign Direct Investment
Oregon:
Rank
2014: 42
2012: 42
2010: 43
14
Job Churning
Oregon: Rank
2014: 21
2012: 18
2010: 14
15
Fast-Growing Firms
Oregon:
Rank
2014: 22
2012: 32
2010: 19
16
Initial Public Offerings
Oregon:
Rank
2014: 35
2012: 32
2010: 45
17
Entrepreneurial Activity
Oregon: Rank
2014: 36
2012: 24
2010: 12
18
Inventor Patents
Oregon:
Rank
2014: 11
2012: 3
2010: 2
19
Broadband Telecommunications
Oregon:
Rank
2014: 13
2012: 14
2010: 21
20
Health IT
Oregon:
Rank
2014: 14
21
High-Tech Jobs
Oregon:
Rank
2014: 15
2012: 14
2010: 15
22
Scientists and Engineers
Oregon: Rank
2014: 24
2012: 23
2010: 24
23
Patents
Oregon: Rank
2014: 25
2012: 21
2010: 7
24
Industry Investment in R&D
Oregon: Rank
2014: 9
2012: 9
2010: 10
25
Non-Industry Investment in R&D
Oregon:
Rank
2014: 34
2012: 32
2010: 32
26
Movement Toward a Clean Energy Economy
Oregon Rank
2014: 1
2012: 3
2010: 6
27
Venture Capital
Oregon:
Rank
2014: 16
2012: 8
2010: 12
Today’s Presentation
2 Key Principles for Success
SNEI Results for Oregon1
28
3 Global Policy Innovations
 It’s not just the number of jobs, but their quality.
 “Economic base” firms with high wages and strong growth
potential...
Today’s Presentation
2 Key Principles for Success
SNEI Results for Oregon1
30
3 Global Policy Innovations
 Innovation vouchers (Austria, Netherlands, & Germany).
 Refundable R&D tax credits (France, Norway, Australia).
 Perfo...
Thank you!
Rob Atkinson
ratkinson@itif.org
Twitter: @robatkinsonitif
Facebook: facebook.com/innovationpolicy
Blog: www.inn...
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How Oregon Can Win In The New Global Innovation Economy

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How Oregon Can Win In The New Global Innovation Economy

  1. 1. June 11, 2014 How Oregon Can Win In the New Global Innovation Economy Dr. Robert Atkinson, President, ITIF @robatkinsonitif #SNEIOregon
  2. 2. Today’s Presentation 2 Key Principles for Success SNEI Results for Oregon1 2 3 Global Policy Innovations
  3. 3. 3 The 2014 State New Economy Index uses 5 groups of 25 indicators to map how well states are adapting to the New Economy:  Knowledge Jobs  Globalization  Economic Dynamism  Digital Economy  Innovation Capacity
  4. 4. 4 2014 SNEI Overall Scores Oregon: Rank 2014: 15 2012: 14 2010: 14
  5. 5. 5 Information Technology Jobs Oregon: Rank 2014: 26 2012: 27 2010: 30
  6. 6. 6 Managerial, Professional, and Technical Jobs Oregon: Rank 2014: 15 2012: 17 2010: 26
  7. 7. 7 Workforce Education Oregon: Rank 2014: 17 2012: 18 2010: 16
  8. 8. 8 Immigration of U.S. Knowledge Workers Oregon: Rank 2014: 9 2012: 15 2010: 30
  9. 9. 9 Migration of U.S. Knowledge Workers Oregon: Rank 2014: 11 2012: 18 2010: 29
  10. 10. 10 Manufacturing Value Added Oregon: Rank 2014: 3 2012: 3 2010: 14
  11. 11. 11 High-Wage Traded Services Oregon: Rank 2014: 20 2012: 18 2010: 17
  12. 12. 12 Export Focus of Manufacturing and Services Oregon: Rank 2014: 21 2012: 13 2010: 11
  13. 13. 13 Foreign Direct Investment Oregon: Rank 2014: 42 2012: 42 2010: 43
  14. 14. 14 Job Churning Oregon: Rank 2014: 21 2012: 18 2010: 14
  15. 15. 15 Fast-Growing Firms Oregon: Rank 2014: 22 2012: 32 2010: 19
  16. 16. 16 Initial Public Offerings Oregon: Rank 2014: 35 2012: 32 2010: 45
  17. 17. 17 Entrepreneurial Activity Oregon: Rank 2014: 36 2012: 24 2010: 12
  18. 18. 18 Inventor Patents Oregon: Rank 2014: 11 2012: 3 2010: 2
  19. 19. 19 Broadband Telecommunications Oregon: Rank 2014: 13 2012: 14 2010: 21
  20. 20. 20 Health IT Oregon: Rank 2014: 14
  21. 21. 21 High-Tech Jobs Oregon: Rank 2014: 15 2012: 14 2010: 15
  22. 22. 22 Scientists and Engineers Oregon: Rank 2014: 24 2012: 23 2010: 24
  23. 23. 23 Patents Oregon: Rank 2014: 25 2012: 21 2010: 7
  24. 24. 24 Industry Investment in R&D Oregon: Rank 2014: 9 2012: 9 2010: 10
  25. 25. 25 Non-Industry Investment in R&D Oregon: Rank 2014: 34 2012: 32 2010: 32
  26. 26. 26 Movement Toward a Clean Energy Economy Oregon Rank 2014: 1 2012: 3 2010: 6
  27. 27. 27 Venture Capital Oregon: Rank 2014: 16 2012: 8 2010: 12
  28. 28. Today’s Presentation 2 Key Principles for Success SNEI Results for Oregon1 28 3 Global Policy Innovations
  29. 29.  It’s not just the number of jobs, but their quality.  “Economic base” firms with high wages and strong growth potential are key.  States’ competitive future rest on invention, entrepreneurship, and innovation.  Focus on “gazelles,” not small business per se.  Real competition is not from Washington and California but from other countries.  Strive for low costs and high quality/innovation. Get Economic Development Principles Right 29
  30. 30. Today’s Presentation 2 Key Principles for Success SNEI Results for Oregon1 30 3 Global Policy Innovations
  31. 31.  Innovation vouchers (Austria, Netherlands, & Germany).  Refundable R&D tax credits (France, Norway, Australia).  Performance-based university funding (Sweden, Finland).  Design assistance (UK, Ontario).  “On the spot” new firm registration (Portugal, Chile).  Industrial Ph.D. program (Denmark, Brandenburg, Alberta) Innovation policy best practices are global 31
  32. 32. Thank you! Rob Atkinson ratkinson@itif.org Twitter: @robatkinsonitif Facebook: facebook.com/innovationpolicy Blog: www.innovationpolicy.org Website: www.itif.org Follow ITIF:
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