Excerpt

The symposium reported in this volume convened state officials and staff, business leaders, and leading national figures in early-stage finance, technology, engineering, education, and state and federal policies to review challenges, plans, and opportunities for innovation-led growth in Ohio. The symposium also included an assessment of the state’s industrial, and human resources; identification of key sectors and issues; and a discussion of how the state might leverage its universities, development organizations, philanthropic foundations, and national programs focused on manufacturing and innovation to support its economic development goals. Given the location of the conference, a number of speakers highlighted regional initiatives in northeast Ohio although initiatives elsewhere in the state were also given prominence.

The scope of the conference, as with any single meeting, was necessarily limited. The conference rightly placed great emphasis on a wide variety of initiatives underway in Ohio to spur entrepreneurship and grow new industries rather than on how existing large employers are adapting to global competition. Similarly, little attention was focused on the state’s investments in its broadband infrastructure, even though this effort is a key element in the state’s future capabilities. The role of large employers and automotive supply chains are arguably understated, but this reflects the conference focus. At the same time, the conference did take up initiatives underway at some of Ohio’s “traditional” manufacturing industries. For example, the report captures the key factors leading to the turnaround of Timken, a leading manufacturer of steel bearings, and also addresses the new commercial thrust of the region’s well-established medical industry.

Contents

• THE NATIONAL ACADEMIES
• Committee on Competing in the 21st Century: Best Practice in State and Regional Innovation Initiatives
• Board on Science, Technology and Economic Policy (STEP)
• Preface
• I. OVERVIEW
  • Overview
    • A THE GLOBAL INNOVATION CHALLENGE
    • B BUILDING OHIO’S INNOVATION ECONOMY
    • C OHIO’S INNOVATION INTERMEDIARIES
    • D THE ROLE OF INDUSTRY
    • E THE ROLE OF OHIO’S UNIVERSITIES
    • F THE ROLE OF FOUNDATIONS
    • G THE GOVERNMENT ROLE
    • H MOVING FORWARD
• II. PROCEEDINGS
  • DAY 1
    • Welcome and Introduction
      • Welcome
      • Introduction
    • Keynote Address
      Luis Proenza.
      • OPTIMIZING THE INNOVATION ECOSYSTEM
      • TRENDS IN GLOBAL AND NATIONAL R&D INVESTMENT
      • TOOLS TO STRENGTHEN THE INNOVATION ECOSYSTEM
    • Panel I: The Ohio Innovation Economy in the Global Context
      Richard A. Stoff, Moderator.
      • CHALLENGES AND OPPORTUNITIES FOR THE OHIO INNOVATION ECONOMY
      • DISCUSSION
      • MEETING THE GLOBAL INNOVATION IMPERATIVE
      • DISCUSSION
    • Panel II: Stimulating Manufacturing in Ohio
      Sridhar Kota, Moderator.
      • INNOVATION AND U.S.-BASED MANUFACTURING
      • THE STATE MANUFACTURING CHALLENGE
      • STIMULATING MANUFACTURING IN OHIO: AN INDUSTRY PERSPECTIVE
      • REVIVING MANUFACTURING: THE ROLE OF NIST
      • DISCUSSION
    • Panel III: Innovation Clusters and Economic Development
      Lester Lefton, Moderator.
      • CLUSTERS AND THE NEXT OHIO ECONOMY: WHAT IS NEEDED
      • INFRASTRUCTURE FOR THE 21ST CENTURY: HOW EDA MIGHT HELP
      • DISCUSSION
      • ECONOMIC DEVELOPMENT IN OHIO: THE ROLE OF COMMUNITY FOUNDATIONS
      • DISCUSSION
    • Keynote Address: Investing in Ohio
      James Leftwich.
      • RUNNING ‘JOBS OHIO’ LIKE A BUSINESS
      • DISCUSSION
    • Panel IV: State and Regional Innovation Programs
      Richard Bendis, Moderator.
      • LOCATIONAL COMPETITION
      • CURRENT TRENDS AND CHALLENGES IN STATE INNOVATION PROGRAMS
      • THE ROLE OF NORTECH: PROMOTING INNOVATION AND ECONOMIC DEVELOPMENT
      • DISCUSSION
    • Panel V: The New Energy Economy in Ohio
      Gary Leidich, Moderator.
      • THE OHIO ENERGY ECONOMY: NEEDS, OPPORTUNITIES, AND INITIATIVES
      • ARPA-E INITIATIVES
      • BUILDING CLEAN ENERGY COMPANIES IN OHIO: WHAT NEEDS TO BE DONE
      • DISCUSSION
  • DAY 2
    • Welcome and Introduction
      David Morgenthaler.
      • MISSING TWO INDUSTRIAL REVOLUTIONS
    • Panel VI: 21st Century Universities: Drivers of Regional Growth & Employment
      William Harris, Moderator.
      • RELEVANCE, CONNECTIVITY, AND PRODUCTIVITY: THE AKRON MODEL
      • THE ECONOMIC IMPACT OF A MAJOR COMPREHENSIVE RESEARCH UNIVERSITY: THE CASE WESTERN RESERVE UNIVERSITY MODEL
      • DISCUSSION
    • Panel VII: Biomedical Growth Opportunities
      Baiju Shah, Moderator.
      • BIOMEDICAL RESEARCH AND THE HEALTH CARE INDUSTRY
      • BRINGING MEDICAL INNOVATIONS TO MARKET
      • ADVANCING CANCER RESEARCH
      • DISCUSSION
    • Panel VIII: Growing the Ohio Flexible Electronics Industry
      Byron Clayton, Moderator.
      • ADVANTAGES OF A CLUSTER APPROACH
      • THE GENESIS OF A NEW CLUSTER
      • ROLE OF REGIONAL ACADEMIC INSTITUTIONS IN FLEXIBLE ELECTRONICS DEVELOPMENT
      • ROLL-TO-ROLL MANUFACTURING OF FLEXIBLE DISPLAYS
      • MANUFACTURING OF CURVED LIQUID CRYSTAL DEVICES
      • DISCUSSION
    • Panel IX: Early-Stage Finance and Entrepreneurship in Ohio
      Lisa Delp, Moderator.
      • MAKING OHIO A PLACE TO ‘LAUNCH, BUILD, AND GROW YOUR BUSINESS’
      • STIMULATING ENTREPRENEURSHIP: THE LORAIN COUNTY MODEL
      • ANGEL INVESTING: THE ARCHANGEL EXPERIENCE
      • INNOVATION CAPITAL AND ENTREPRENEURSHIP IN OHIO
      • DISCUSSION
• III. APPENDIXES
  • Appendix A Agenda
  • Appendix B Biographies of Speakers (as of April 2011)
  • Appendix C Participants List (speakers in italics)
  • Appendix D Bibliography

Rapporteur: Charles W. Wessner

This study was supported by: Contract/Grant No. DE-DT0000236, TO #28 (base award DE-AM01-04PI45013), between the National Academy of Sciences and the Department of Energy; and Contract/Grant No. N01-OD-4-2139, TO #250 between the National Academy of Sciences and the National Institutes of Health. This report was prepared by the National Academy of Sciences under award number SB134106Z0011, TO# 4 (68059), from the U.S. Department of Commerce, National Institute of Standards and Technology (NIST). This report was prepared by the National Academy of Sciences under award number 99-06-07543-02 from the Economic Development Administration, U.S. Department of Commerce. Additional support was provided by The University of Akron, NorTech, Case Western Reserve University, Morgenthaler, Jones Day, Cleveland Foundation, The George Gund Foundation, Austen BioInnovation Institute in Akron, The Burton D. Morgan Foundation, Cleveland State University, Kent State University, KeyCorp, Lorain County Community College, Medical Mutual of Ohio, the Heinz Endowments, the Association of University Research Parks, Acciona Energy, Dow Corning, IBM, and SkyFuel, Inc.

Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the views of the organizations or agencies that provided support for the project.

NOTICE: The project that is the subject of this report was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine. The members of the committee responsible for the report were chosen for their special competences and with regard for appropriate balance.

The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the National Institute of Standards and Technology, the Economic Development Administration, or the U.S. Department of Commerce.