Project Ptolemy

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Project Ptolemy

  1. 1. Project Ptolemy
  2. 2. Relevant
 Authentic 2
  3. 3. 1995-1999 2007- Present 2008- Present MA Executive Education Private Equity 2002-2007 2002 2002-2007 Globalization Sustainability Globalization
  4. 4. “Economic Pearl Harbor” The extent of the damage after the destruction ! wrought by “financial weapons of mass destruction” 4 Source: New York Times “In Greek Crisis, Some See Parallels to U.S. Debt Woes”, May 12, 2010
  5. 5. Nation Rebuilding Konrad Adenauer German reconstruction post WWII 5
  6. 6. “A crisis is a terrible thing to waste.” - Paul Romer 6
  7. 7. “extrapolation of the past” vs. “inventing the future” 7
  8. 8. The past Consumption driven growth Natural resource intensive Capitalism based on free markets Zero sum outsourcing manufacturing and services to BRICs/ G20 Trade deficits Demographic disaster Non-Keynesian trickle down economics 8 Source: Popular Mechanics, Wikipedia
  9. 9. Inventing the future ISEM: Innovative Sustainable Economic Models Investment driven growth: “Export or die” Resource efficient Capitalism 2.0: Incentives to create equal global playing field Outsourcing 2.0: Harnessing the network effect of global markets Trade surpluses based on high value exports Demographic dividend Keynesian trickle up: SMB Geo Clusters 9
  10. 10. Potential ISEM Paradigms Knowledge stocks vs. flows “Innovation blowback”! Li Fung How GE is disrupting itself! 10
  11. 11. Potential ISEM Paradigms iPod designed in California, manufactured in China 2% costs= Chinese labor 70%= US engineering, design, software, distribution 11
  12. 12. Potential ISEM Paradigms Coda: all electric sedan built on Chinese technology Manufacturing shifting to Ohio 12
  13. 13. ISEM: The NEC view Focus areas 13 Source: NEC Office of Science and Technology Policy, “A Strategy for American Innovation: Driving Towards Sustainable Growth and Quality Jobs”
  14. 14. ISEM: The NEC view Innovation Funding in the Recovery Act 14 Source: NEC Office of Science and Technology Policy, “A Strategy for American Innovation: Driving Towards Sustainable Growth and Quality Jobs”
  15. 15. ISEM: Potential propositions Water preservation Electronic voting Food security/ urban agriculture Aerial / drone based security Universal ID (India case study) Space exploration Medical records Individualized gene therapy Medical tourism (23andme) Electronic cash LEED buildings Solar installation Netbooks Personalized K-12 education (Netflix/ Dreambox learning) 15

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