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The Power of Place 2.0: The Power of Innovation
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The Power of Place 2.0: The Power of Innovation

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  • 1.  
  • 2. The Power of Place
    • A national strategy for building America’s Communities of Innovation
  • 3. The Power of Place
    • The U.S. must fundamentally change its policies to ensure the future of U.S. innovation
    • We call on Congress and the new Administration to adopt the right policies to ensure that the United States remains competitive in the 21 st Century
  • 4. Technology Challenges Facing the U.S.
    • National governments abroad are building large research parks and science centers, attracting top U.S. researchers and corporate research dollars
    • Science and technology are now global commodities
    • U.S. private corporate research centers are greatly downsized or no longer exist
    • Corporate and federal support for R&D at universities is declining
  • 5. The Power of Place: The Opportunities
    • The physical proximity of researchers (along with patents), is an increasingly important pathway to fetch commercialization
    • U.S. science is becoming more inter-disciplinary and inter-institutional
  • 6. The Power of Place: The Opportunities
    • Private industry collaborations with universities and federal labs account for an increasing share of U.S. innovations and tech start-up companies
    • State governments are experimenting with technology zones to support research parks and technology incubators, and to increase technology-led economic development clusters
  • 7. The Power of Place: Solution
    • The U.S. government must have a comprehensive strategy to support its physical Communities of Innovation – research parks, technology incubators, universities and federal labs – focused on:
      • Strengthening existing and developing new Communities of Innovation
      • Increasing the commercialization of U.S. Government R&D to help feed innovation to U.S. Communities of Innovation
      • Creating, retaining and importing technology innovation start-ups
      • Aligning Federal incentives and reforms with state technology development zones
  • 8. Building a Stronger America Act: America’s Infrastructure Solution
    • Introduced by Senator Pryor (D-AR) and others last year
    • It offers for research and science parks:
      • Initial funding for development of plans
      • Loan guarantees for development
      • Support for a focus on international partnerships and further park expansion
  • 9. Federal Labs: Communities of Innovation
    • Federal labs managed by the U.S. Government have not been has central to local technology development as they could be – why?
      • Federal labs are less flexible in their mission
      • They have limited resources for tech commercialization
  • 10. Federal Labs: Communities of Innovation
    • How to remedy
      • Create a technology commercialization foundation:
        • Modeled on best university practices
        • Allow venture management involvement
        • Encourage entrepreneurial leave for researchers
        • Authorized holding of equity by the foundation
  • 11. Policy Recommendations: American Innovation Zones
    • Establish American Innovation Zones for natural innovation assets, including:
      • Research and science parks
      • Technology incubators
      • Universities
      • Federal laboratories and adjacent properties
    • Provide regulatory reforms and economic incentives for their accelerated development including Building a Stronger America Act
  • 12. Policy Recommendations: American Innovation Zones
    • American Innovation Zones should include:
      • Enhanced federal corporate R&D tax credit
      • Reforms in IRS regulations affecting tax-exempt facilities to encourage more corporate-sponsored research and development in American Innovation Zones
  • 13. Policy Recommendations: American Innovation Zones
    • A national research center program with required state matching grants to focus on major national issues including:
      • Energy research
      • Food safety
      • Homeland security
      • Global climate change
    • Incentives for creating green Communities of Innovation:
      • Supporting mixed use development
      • Encouraging “smart growth” development strategies
  • 14. Policy Recommendations: American Innovation Zones
    • Federal lab construction and leasing preferences in Innovation Zones
    • Encouragement of SBIR/STTR grants to companies located in the Zones
    • Expansion of Enhanced Use Lease (EUL) authority to all federal agencies to increase Innovation Zones adjacent to federal laboratories
  • 15. Fully Fund The America Competes Act
    • The U.S. Congress took a great step forward in passing the America COMPETES Act in 2007
    • The Act authorizes:
      • A substantial federal investment in high risk, high reward research
      • Improved funding to many of the U.S. science agencies
      • Enhanced support for science and math education
  • 16. The Power of Place 2.0: The Power of Innovation 10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation
  • 17.  
  • 18. Losing Our Lead
    • U.S. no longer leads with world’s largest research parks: China
    • U.S. no longer has most efficient university tech commercialization: United Kingdom
    • U.S. no longer home of highest per capita of technology start ups: Israel
    • U.S. no longer leads in international R&D corporate tax credits: 17 other countries
  • 19. Department of Commerce Secretary Gary Locke
    • America has a broken innovation ecosystem that does not efficiently create the right incentives or allocate enough resources to generate new ideas, develop those ideas with focused research, and turn them into businesses that can create good jobs. . . . America simply does not have an efficient system to take new ideas from government, academic, and private sector research labs and translate them into commercially viable products and businesses.
    “ ”
  • 20.
    • Support research park infrastructure and the development of Communities of Innovation
    • S.583 and H.R. 4413
    • 2. Improve university technology transfer by reforming the Office of Management and Budget federal grant and contract funding model to encourage commercialization efforts by principal investigators
    • “ Cash for Commercialization”
    10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation
  • 21.
    • 3. Support proof-of-concept funding
    • National Science Foundation Budget FY2011
    • 4. Improve technology commercialization from federal laboratories by creating a Congressionally chartered technology intermediary organization
    • Federal Lab Consortium on Steroids
    10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation
  • 22.
    • 5. Connect federal researchers with private companies
    • Extend NASA Ambassadors Program government-wide
    • 6. Create more private sector involvement near federal lab and regional research clusters
    • Expand Enhanced Use Leasing (EUL) government-wide
    10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation
  • 23.
    • 7. Expand the corporate R&D tax credit
    • U.S. tax policy lags other leading countries
    • 8. Reform export controls
    • Support Obama Administration review and reforms
    10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation
  • 24.
    • 9. Eliminate the link to university intellectual-property licensing in “private use” restrictions in university facilities
    • The IRS should not police intellectual property licensing
    • 10. Encourage entrepreneurship as a national goal, and include entrepreneurship in STEM initiatives
    • From STEM to ESTEEM
    10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation
  • 25. www.AURP.net
  • 26. www.AURP.net
  • 27. Thank You
  • 28. Innovation Day at the UA Tuesday, March 23, 2010