Talk given by Thomas Loarie at the California-Shanghai Innovation Dialogue, University of California at San Diego (Co-sponsored by the Jacobs School of Engineering) February 2015
1. Thomas M. Loarie
Executive Chairman, eMedonline
California-Shanghai Innovation Dialogue
February 5-6, 2015
2.
3.
4. Incremental (Ford)
Breakthrough (Tesla, Genentech)
Business Model Innovation (Amazon, CVS)
New Venture Innovations (Nokia’s entry into
mobile)
5. Mobility of resources
Capital that rapidly cycles and recycles
People that adapt to uncertainty and the
temporary nature of a start-up
Know-how/technology – rapid migration of
know how from one venture to another. Builds
on the foundation. Rapid Learning cycle.
Global strategic perspective (very important
today for sourcing.
Alignment of interests, incentives and goals.
(shared ownership)
6. San Diego
Hybritech
Qualcomm
San Francisco/Silicon Valley
Intel
Genentech
Tesla
Advanced Cardiovascular Systems
7. Regional land use decisions
Globally competitive research institutions
Culture of collaboration - academic, public,
and private sectors
Private sector commitment to UC San Diego
A powerful sense of place that binds all
inhabitants.
8. Northern California – an example
Venture Capitalists
Universities & Medical Centers
9. Closing America’s Job Gap Wolshok, Munroe, & DeVries
Innovator’s Manifesto Raynor
Global Clusters of Innovation:
Entrepreneurial Engines of Growth Around
the World Engel et al
Agile Innovation Morris, Ma, and Wu
The Rainforest: The Secret to Building the
Next Silicon Valley Hwang
The Innovators Isaacson
Editor's Notes
I have been asked to discuss this subject in Europe and across the US as countries and cities try to create innovation clusters.
Eyes are bigger than their stomachs and try to be too many things.
Changes and adapts to market needs
New York – more women – fashion, media
Nashville – hospital delivery systems, home of HCA
Global strategic perspective (very important today for sourcing).
Genetics, pharma (Bayer), diagnostics (Corning), IT (Google), Tech (Intel), Medical Technology (Advanced Cardiovascular Systems)
Teaching institutions that have global reach
Mary Walshok,Ph.D. Walshok, Ph.D. is the dean of University Extension and associate vice chancellor of public programs at the University of California San Diego She is an expert in job creation, a thought leader and subject matter expert on employability, career reinvention and the new innovation economy.Tapan Munroe, Ph.D. RIP a recognized author, speaker, consultant and advisor in economics. His expertise includes regional economics, environmental economics, and high-tech industry analysis. His research and writings focused on the economics of innovation and economies of the Silicon Valley and Bay Area. Henry DeVries is assistant dean, University of California San Diego, is a job and career expert who speaks to thousands of business owners and executives each year, teaching them how to grow their business and advance their careers.