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Universities as Anchors to Regional Innovation

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Presentation at the University Economic Development Association | October 2013. Discusses the insights we have gained at Purdue on the role universities play in anchoring a regional innovation …

Presentation at the University Economic Development Association | October 2013. Discusses the insights we have gained at Purdue on the role universities play in anchoring a regional innovation ecosystem.

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  • 1. UNIVERSITIES AS ANCHORS FOR REGIONAL INNOVATION ED MORRISON PURDUE UNIVERSITY UEDA 2013 ED MORRISON OCTOBER, 2013 1
  • 2. From closed to open...
  • 3. We can replicate and scale....
  • 4. A new path... Locations of Purdue Strategic Doing Workshops
  • 5. Thinking Differently Behaving Differently Doing Differently
  • 6. Thinking Differently Behaving Differently Doing Differently
  • 7. Explain the real dynamics
  • 8. Get good at “link and leverage”
  • 9. Connect networks to innovation Prosperity Core Team guides development of a strategic agenda Productivity Open Innovation Higher educational institution supporting the cluster with education, training and research 9
  • 10. Introduce the ecosystem Start-up firms Provides capital and expertise Provides ideas, incubators and smart people Recruits smart people Venture investor and angel networks Accelerates new venture investment Colleges and universities Recruits and trains smart people Provides network and mentoring to start-ups Provides investment and generates wealth Provides R&D partners Provides training support to clusters Skilled talent pool Recruits and supplies smart people Innovating Stage 2 Companies Source: Ed Morrison, Purdue Center for Regional Development. Distributed with Creative Commons 3.0 Attribution license 10
  • 11. Thinking Differently Behaving Differently Doing Differently
  • 12. Create new civic spaces 12
  • 13. Connect civility to innovation
  • 14. Thinking Differently Behaving Differently Doing Differently
  • 15. Teach agile strategy
  • 16. Use a simple strategy map Brainpower Innovation Entrepreneurship Networks Collaboration Strategic Doing New Narratives Quality, Connected Places 16
  • 17. Visualize complex systems Brainpower Innovation Entrepreneurship Networks Collaboration Strategic Doing New Narratives Quality, Connected Places 17
  • 18. Promote new (old) ideas “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” John Quincy Adams
  • 19. Thank you ED Morrison edmorrison@purdue.edu

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