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C O I Overview
- 1. Innovation: The Engine of Future Economic Growth
- 2. A new model for Economic Development A comprehensive environment for advancing global competitiveness for Georgia’s businesses
- 7. Produces a “pipeline” of potential jobs and investment for the future
- 8. minimal investments while pushing potential winnersEconomic Impact- Jobs/Investment Failure is an inevitable part of the innovation process, ..... The Theory of Economic Development. Cambridge, MA: Harvard University Press
- 9. Strategic Industries Aerospace Agriculture Manufacturing Energy Life Sciences Logistics Industries with Highest Economic Impact, GA Advantage and the Greatest Potential for Future Growth
- 10. Strategic Industry Impact in GA employment US Rank Economic Impact Aerospace 80K 8th $5. 6 Billion Agriculture 389K 12th $58.5 Billion Manufacturing 430K (non-AG) 11th $43 Billion Life Sciences 15K 7th $7.8 Billion Logistics 810K #2 Transportation $550 B Dir. Rev. #3 Seaport, #7 Rail
- 12. Industry Marketing for all Georgia
- 13. Market & Technical knowledge
- 15. R&D – University & Other
- 16. Market Expertise
- 17. Business ConnectionsManufacturingGainesville EnergyAtlanta Life SciencesAugusta AerospaceWarner Robins/Eastman LogisticsSavannah AgricultureTifton www.georgiainnovation.org
- 19. A new tool for advancing Georgia economic impact by leveraging the profiles of more than 500 leading research faculty at eight Georgia public and private research universities enhancing the potential for collaboration across disciplines and universities by allowing industry to find experts, research centers, and projects with commercial potential.
- 20. 460 Top Faculty in Patents, Awards & Publications FEED FUEL HEAL THE WORLD 8 Research Universities 303 Patented Bio-Research Properties ONE HIGH-POWER SEARCH SOURCE
- 23. Georgia’s “Unfair Advantages”- Existing Strengths Global Access Location Corporate HQs & Fortune 500 Offices Quality of Life
- 24. - Innovative Programs & Partnerships Georgia Centers of Innovation Innovation & Technology Office GRA ATDC
- 25. Focus on Technology Innovation in Ga’s Strategic Industries Produce Results Suniva (solar cells) - Range Fuels (Pine Tree Ethanol) Deep Organic - European Growth Company Savannah Port Growth #1 in the USA Growth - 466% GA’s Life Science Incubator one of the top five places in the U.S. for Biotech startups Continued Focus is Required to Ensure Georgia’s Global Competitiveness
- 26. Competitive in a GlobalMarketplace Leverage existing strengths Focus on the Strategic Industries Develop and grow innovative programs & partnerships
- 27. Innovation… failing fast 18 Failure is an inevitable part of the innovation process, ..... The Theory of Economic Development. Cambridge, MA: Harvard University Press
Editor's Notes
- GA economic engine is focusing on strategic industries as identified by the Commission for a New Georgia These strategic industry’s have changing technology issues which are changing faster than ever before Innovation – that is thriving on this technological change that produce new products and services - will keep GA competitive The term innovation means a new way of doing something. It may refer to incremental, radical, and revolutionary changes in thinking, products, processes, or organizations. (Wikipedia)