The document summarizes key points about developing an innovation ecosystem and talent attraction strategies. It notes that innovation activity alone is not enough, and that growing creative enterprises depends on attracting talent, which is drawn to places with career opportunities and desirable lifestyles. An effective strategy involves building a destination community where talent wants to both live and work. The document also provides examples of factors that contribute to innovation hubs like Kendall Square in Boston.

2. 26

3. Everyone is hunting for the unicorn
“We have world class
universities!”
“The next big thing
will be created here!”
“Jobs galore!
Economic revival!”
FYI: 229 unicorns in June 2016 – 8
are healthcare IT only 2 are
biotech plus Theranos
Let’s play Mad Libs…
“We are Silicon….
(enter geography type here)….Square!”

4. And everyone is a genius

5. tech transfer is
hard with mixed
results
14
> Institutional Culture
> Commercial Applicability
> Licensing strategy
> Revenue pressure
Civic leadership doesn’t fully
get this piece and it becomes a
tension point when things don’t
happen quickly

6. Quick aside/editorial comment
Expand horizons beyond primarily university tech transfer – “knowledge
transfer” is equally if not more powerful especially for tech-enabled
business model innovation – they need your talent to grow and may even
be a partner in focused research

7. Find methods to communicate potential
success to help manage POLITICAL
“heartburn”later
Illustrating potential biotech company success

8. The first practical automobile
invented in Springfield MA
The first practical web
browser – National
Supercomputing Applications
Center – Champaign Ill
The electronic book –
Providence RI

9. 29

10. BCG Study for Germany – Impact of Industry 4.0
Source: BCG Perspectives Sept 2015

11. BCG Study for Germany
Source: BCG Perspectives Sept 2015
 Loss of 610k production related jobs (production (4% of production jobs),
quality control (7%), maintenance, production planning)
 Gain of 210k new jobs related to new technology deployment, integration and
support
 Additional gain of 700k+ jobs from new product opportunities related to
intelligent machinery, and more custom products
 Net gain of 350k jobs

12. ’

13. Address the “equity” issue through
communication and action
28
Explain the potential job mix…

15. Clean Tech is one of the Focus
Areas for Pittsburgh’s Roadmap
for Inclusive Innovation

17. The Green/Clean Economy
Economic activity that produces goods and services with
an environmental benefit or adds value to such products
using skills or technologies that are uniquely applied to
those products.
Pittsburgh’s Leading Sectors:
Energy efficient
building
technology
Renewable energy
and pollution
control
Water
technologies and
services

20. 100 College Street Project
Key Aspects of Development Agreement
Public Improvements:
 Phase 1 Route 34 Tear-Down
 New Bike/Ped Improvements
 Enhanced Streetscape
 New Service Tunnel
Developer Improvements:
• 495,000 s.f. med/lab building
• Public Space
• Active First Floor
Benefits to the Community:
• Tax Revenue
• Construction Workforce (12½)
• Small Business (12¼)
• Bioscience Career Ladder
Economic Impact:

21. Bioscience Career Ladder
Timeline to start…
2011:
Economic Development Corporation
commissions a study by Ninigret Partners
on workforce development in the
biosciences.
2012:
New Haven Board of Alders approves the
100 College Street DLDA.
2013:
City and Developer develop a pool of
funding to support a bioscience career
ladder.
2014:
City and Southern Connecticut State
University leadership explore a partnership.
2015:
City and SCSU sign landmark MOA, forming
partnership and setting forth the
“Bio-Path”

22. Bioscience Career Ladder
..and ongoing progress:
2015:
SCSU launches academic and corporate
partnership committees.
2016:
Biology team enters “iGem” competition,
lands bronze medal
2017:
New BS in Biotechnology gains final
approvals, first class in Fall, 2017 semester.

23. Bioscience Career Ladder
..and ongoing progress:
Community
College Partners
New Haven
Public Schools
Connecticut
Biotechnology Industry
SCSU
(Project Lead)

24. BCG Study for Germany – Impact of Industry 4.0
Source: BCG Perspectives Sept 2015

25. Source: datacamp.com
Data Engineer Data Scientist

26. Source: Quant Crunch, Burning Glass Technologies & IBM

27. Source: Quant Crunch, Burning Glass Technologies & IBM

28. “ ”
Share of Job Postings by Industry
Source: “Quant Crunch”, Burning Glass Technologies & IBM

29. 1

30. Creating
innovation
Capturing
the
Application
Translating
Innovation
to
Application
Not only “tech”
But also
…business
models
…new takes
on old
products
Sustaining
the
Opportunity
“ecosystem” to
…
Refine
Prototype
Test & Prove
Iterate
Facilities with the
right capacity &
price point
People with the
right skill sets to
bring it to market
First customers
Ability to bring it
to scale
Talent pipeline
by either local
training or an
attractive place
to aid recruiting
Market
accessibility
Thinking maybe all these link as chain?

31. “ ”

32. “ ”
- Anil Dash as quoted by Theodore Kinni
Excerpted from MIT Sloan Management Review

33. “ ”
0
50
100
150
200
250
300
350
400
450
SQL Java JavaScript c# Python PHP Perl c++ Ruby iOS
Cambridge MA vs Stamford, Hartford, New Haven
Coding Language Requirements
CT Cities Cambridge MA
Source: NP analysis of Indeed.com

34. Imagine if your
focus was
software or smart
electronics…

35.  Get granular

38. 0
500
1000
1500
2000
2500
NH City Hartford Only Stamford Only Cambridge Only
jobs
cities
Jobs by Coding Skills by City
iOS
Ruby
c++
Perl
PHP
Python
c#
JavaScript
Java
SQL
Source: NP analysis of Indeed.com

39. Professional education matters
The dilemma for
smaller scale centers
is the professional
education business
model
Boston Biotech - An extreme example of professional education to
make the point

40. Source: Quant Crunch, Burning Glass Technologies & IBM

41. 14
’

42. Innovation activity isn’t enough anymore
Protecting & Strengthening Kendall Square – BCG 2009

45. GROWTH IN CREATIVE & INNOVATION-BASED ENTERPRISES IS DRIVEN BY
TALENT
And
TALENT IS ATTRACTED BY A COMBINATION OF OPPORTUNITIES & LIFESTYLE
Therefore,
TO WIN AT THE TALENT GAME YOU NEED TO BUILD A DESTINATION
COMMUNITY - THE TYPE OF COMMUNITY WHERE TALENT EITHER WANTS TO
LIVE OR WANTS TO WORK FOR CAREER REASONS AND IDEALLY DOES BOTH

46. “ ”
Talent
PlaceOpportunity

47. innovation assets
Tech businesses
½ mile

48. 24

49. 1