Assets and Dynamics of an Innovation System

1. Assets and Dynamics of
an Innovation System
Doug Henton
Collaborative Economics

2. INNOVATION
ASSETS AND
DYNAMICS © Collaborative Economics 2011

4. ASSETS
• TECHNOLOGY R&D
• TALENT: DEVELOPMENT & ATTRACTION
• INVESTMENT CAPITAL
ASSETS

5. California R&D Assets
TOTAL R&D, $71 Billion
Industry, $58 Billion
Federal Obligations, $21 Billion
Academic, $6.7 Billion

6. California Talent

7. California Talent

8. PROCESSES
• IDEA GENERATION
• COMMERCIALIZATION
PROCESSES
• ENTREPRENEURSHIP
• BUSINESS
INNOVATION

9. California Patents

10. OUTCOMES
• OPPORTUNITY
• COMPETITIVENESS
OUTCOMES
• BUSINESS
PERFORMANCE

11. California Business Performance
• California created 124,000 net new jobs on
average each year between 1995 and 2009.
• Of the 1,578,000 jobs created, existing firms
accounted for 65 percent, startups accounted
for 34 percent, and relocations accounted for
1 percent.

12. QUALITY OF LIFE
• LIVABILITY
QUALITY OF LIFE
• VIBRANCY