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Mary Frances Postupack 
President, 
University Economic Development Association
#UEDASummit
THANK YOU 
Kathy Keith & 
Camilla Bustamante
Gene Merrell 
Associate VP for Economic Development, 
University of Idaho
John Pyrovolakis 
Founder & CEO, 
Innovation Accelerator
Innovation 
Accelerator 
The Role of University 
Economic Development and 
Our National Security
The Challenge 
 Our nation enjoys global economic 
leadership 
 But our leadership is being 
challenged 
 Our ability t...
Our Innovation Advantage 
 Our nation's R&D is still the world's 
best (by far) 
 One government agency accounts 
for mo...
Threat our Advantage Faces #1: 
Increased Competition in Innovation 
 Europe: Horizon 2020 
 China: Super Particle Colli...
Threat our Advantage Faces #2: 
Globalization & State Driven Capitalism 
 China has a “Strategic Plan”; Picks 
and Domina...
Threat our Advantage Faces #3: 
Complacency and Obsolete Paradigms 
 MIT & Stanford are the Envy of the 
Innovation World...
Where is Our Nation's 
Innovation Leadership? 
 Public innovation leadership is 
gerrymandered and effete 
 Private sect...
University Innovation Based 
Economic Development 
 Bayh Dole IP Assets 
 The World's Best R&D, R&D 
infrastructure 
 F...
The Innovation Accelerator Can 
Help 
Who Is IA? 
 PPP w.NSF 
 Regional Venture Capital Fund 
 iBridge 
 Repurposing H...
PCAST Quote 
“Mechanisms such as the NSF-created 501(c)3 Innovation 
Accelerator should be expanded nationwide to support ...
PCAST Quote 
“...Some models designed to build upon innovative 
public/private partnerships have created stronger 
support...
IA & Universities & EDA 
 Technology Transfer, 
 Incubation with Federal Resources 
 Cluster & Manufacturing Campus 
De...
#UEDASummit
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator
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UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator

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Lunch Keynote address by Presidential Sponsor John Pyrovolakis, Founder of Innovation Accelerator.

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UEDA Annual Summit - Monday Lunch Keynote - John Pyrovolakis, Founder, Innovation Accelerator

  1. 1. Mary Frances Postupack President, University Economic Development Association
  2. 2. #UEDASummit
  3. 3. THANK YOU Kathy Keith & Camilla Bustamante
  4. 4. Gene Merrell Associate VP for Economic Development, University of Idaho
  5. 5. John Pyrovolakis Founder & CEO, Innovation Accelerator
  6. 6. Innovation Accelerator The Role of University Economic Development and Our National Security
  7. 7. The Challenge  Our nation enjoys global economic leadership  But our leadership is being challenged  Our ability to face this challenge is matter of national security
  8. 8. Our Innovation Advantage  Our nation's R&D is still the world's best (by far)  One government agency accounts for more Nobel Prizes than the BRICs  The game changing innovations of our century are all American
  9. 9. Threat our Advantage Faces #1: Increased Competition in Innovation  Europe: Horizon 2020  China: Super Particle Collider  India: Satellite around Mars  We're not the only game in town anymore
  10. 10. Threat our Advantage Faces #2: Globalization & State Driven Capitalism  China has a “Strategic Plan”; Picks and Dominates Industries  Case Studies: Solar Panels; Manufacturing  “Free Market”, and “Industrial Policy”  The DNA in our blood won't save us  State on Corporate Attacks
  11. 11. Threat our Advantage Faces #3: Complacency and Obsolete Paradigms  MIT & Stanford are the Envy of the Innovation World  But three guys in a garage on Route 128 or the Valley not so scrappy any more  panacea: “free markets”, “industrial policy”, and the innovation in our DNA
  12. 12. Where is Our Nation's Innovation Leadership?  Public innovation leadership is gerrymandered and effete  Private sector interests are not in line with the national defense  There is a dangerous leadership gap, and ideologies to entrench it  Leadership emerging from universities themselves
  13. 13. University Innovation Based Economic Development  Bayh Dole IP Assets  The World's Best R&D, R&D infrastructure  Filling the Widening Valley of Death  Alignment w Regional Economic Interests  TTO paradigm shift, VC, and the emerging Leadership Role
  14. 14. The Innovation Accelerator Can Help Who Is IA?  PPP w.NSF  Regional Venture Capital Fund  iBridge  Repurposing Heritage Manufacturing Assets
  15. 15. PCAST Quote “Mechanisms such as the NSF-created 501(c)3 Innovation Accelerator should be expanded nationwide to support startups emerging from Federal advanced manufacturing research programs.” REPORT TO THE PRESIDENT ON CAPTURING DOMESTIC COMPETITIVE ADVANTAGE IN ADVANCED MANUFACTURING President’s Council of Advisors on Science and Technology, July 2012
  16. 16. PCAST Quote “...Some models designed to build upon innovative public/private partnerships have created stronger support to enhance the growth of early stage companies emerging from Federal research funding. For example, [...] the Innovation Accelerator [...] expand(s) resources to NSF’s award winners. Thus far, Innovation Accelerator has helped to establish a regional seed fund for NSF SBIR firms and has provided mentoring assistance and aid in leveraging $200 million in investment for these firms...” President’s Council of Advisors on Science and Technology, July 2012
  17. 17. IA & Universities & EDA  Technology Transfer,  Incubation with Federal Resources  Cluster & Manufacturing Campus Development  Economic Development & Innovation Strategy
  18. 18. #UEDASummit

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