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Alberta’s Innovation System

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Alberta’s Innovation System

  1. 1. Andrew ReifBUS 885 Research Project24 April 2010ALBERTA’S INNOVATION SYSTEM
  2. 2. OVERVIEW  Innovation Returns  Alberta Innovates  Innovation Systems  Activities & Actors  Framing MetaphorsMotivation:  EcosystemsPerception in Alberta that see  Barriersbig R&D investments with littlein the way of economic results.  Research & Findings
  3. 3. RESEARCH AT ALBERTA UNIVERSITIES Canada leads OECD in R&D performed at universities ARC ~$100M pa IRAP ~$6M pa $5.1B+ Invested
  4. 4. INNOVATION INVESTMENT RETURN .....creating a Knowledge Based Economy of the futureand diversifying the Alberta Economy (Advanced Technology Industries)
  5. 5. RETURNS – ADVANCED TECHNOLOGY INDUSTRIES ‘Late in the game’  ICT  $10.6B Revenues  4,500 Firms ‘Rounding Error on GDP’  60,000 Employees  Bioindustry <10 Spinoffs Per Year  $850M Revenues  120 Firms University Royalties  4,000 Employees $6.5M in 2007  Nanotechnology  Pre-revenue No $1B Tech Firm  40 Firms
  6. 6. ALBERTA INNOVATES  10 Former Agencies Integrated in 5  Energy & Environmental Solutions  Bio Solutions  Health Solutions  Technology Futures  Alberta Research & Innovation Authority  Effective 1 Jan 2010
  7. 7. WHAT IS AN INNOVATION SYSTEM?
  8. 8. ACTIVITIES ACTORS Economic Strategy  Governments & Agencies Scientific Research  Researchers Applied (Industrial)  Entrepreneurs Research  Tech Transfer Officers Technology Transfer  Business Advisors Business Support  Financiers / Investors Entrepreneurial Activity  Management Industrial Development  Industry Associations Government PolicyACTIVITIES & ACTORS.....
  9. 9. FRAMING METAPHORS Knowledge System Models  Network Models  Knowledge Value Chain  Ecosystem Model  Knowledge Competitiveness  NSERC Network Model Model  Geopolitical Models Linear Models  National Innovation Systems  OECD Model  Regional Innovation Systems  Commercialization Model  Cluster Model  Linear Economic Model  ‘Creative City’ Model Functional Models  Economic Models  Firm Model  Porter Diamond Model  Commercialization Outcomes  Industry Value Chain
  10. 10. INNOVATION ECOSYSTEMS Milbergs, E. (2007). Innovation Vital Signs: Framework Report An Update. Center for Accelerating Innovation.
  11. 11. ECOSYSTEM EVOLUTION Milbergs, E. (2007). Innovation Vital Signs: Framework Report An Update. Center for Accelerating Innovation.
  12. 12. URBANIZATION & CREATIVE CLUSTERS Wolfe, D. (2009). 21st Century Cities in Canada: The Geography of Innovation. Ottawa: The Conference Board of Canda.
  13. 13. Why such poor returnforInnovation investmentin Alberta? BARRIERS Literature Review
  14. 14. RESEARCH METHOD Research Question: ‘Why is Alberta’s advanced technology innovation ecosystem not delivering sufficient economic development returns?’ ‘Field Study’ – Key Stakeholders in Alberta’s Innovation System Research Participants:  Federal Government  Provincial Government  Tech Transfer  Finance  Entrepreneurial  Advanced Technology Industry
  15. 15. SIGNIFICANT FINDINGS – INNOVATION SYSTEM Research Investment Imbalance  Scientific Heavy  Weak Industrial Research 4 Innovation Systems Are New Therefore Immature  Prior Lack of Focus  Restructuring Storming or Forming Phase  10-15 Years To Evolve Barriers Are Mainly Symptoms  Results Follow Vision  Moving to ‘Open Innovation’ Milbergs, E. (2007). Innovation Vital Signs: Framework Report An Update. Center for Accelerating Innovation.
  16. 16. SIGNIFICANT FINDINGS - GEOPOLITICAL Unclear Intangible Jurisdictional Advantages Defining Alberta’s  Lack of Focus & Vision Jurisdictional  How do advanced Advantages technology industries fit in? Geopolitical Fragmentation on Several Levels  Division of Power  Regional Fragmentation  Role of ‘Creative Cities’  ‘Creative’ vs. Resource Base Agglomeration Slow  Lack of Alignment to Pinto, H. (2009). The Diversity of Innovation in the European Regional Strengths Union: Mapping Latent Dimensions and Regional Profiles. European Planning Studies , 303-326.
  17. 17. SIGNIFICANT FINDINGS – CONDITIONS FOR INNOVATION Weak Diversification Motivation  Weak Need For Advanced Technology Industries & Innovation Competition For Skills & Funds  Competing With ‘Run-up’ in oil prices and demand Weak Innovation Incentives  Investment Incentives  Entrepreneurs Competing With Regions With Very Strong Support Weak Marketing Culture  Commodity markets don’t involve selling
  18. 18. IMPLICATIONS Advanced Technology Industries Remain Immature – Alberta Innovates A New Vision Economic Strategy & Canada’s Complex Geopolitical Policy Structure Future Role of Edmonton & Calgary As ‘Creative Cities’ – Impact On Alberta’s Economic Strategy Future of Diversification in Alberta?
  19. 19. QUESTIONS?

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