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

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