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WIRED in California

Christine Cope Pence, Ph.D.
  EADA― March 25, 2009




    ©cpence@ucr.edu           1
The Innovation Economy




        ©cpence@ucr.edu   2
Regional Excellence―National Prominence
            •   Jobs
            •   Innovation
            •   Prosperity
            •   Presence
            •   Global Impact




  The Rise of the Entrepreneurial Class
                  ©cpence@ucr.edu         3
California Innovation Corridor
                      The Objective
      • Entrepreneurship
      • Global manufacturing competitiveness
      • 21st century workforce development




$15M/3-year grant
•   The California Space Authority
•   CA Workforce Development Agency
•   US Department of Labor
•   60+ partners in 13 counties
                            ©cpence@ucr.edu    4
The problem
“California is losing its competitive edge”

     The Innovation-Entrepreneurship NEXUS (04/ 2005)


 No sub-region within the Corridor's 13
 counties was ranked within the top 25 most
 entrepreneurial regions in the country



                     ©cpence@ucr.edu                    5
The problem
“California is losing its competitive edge”
     The Innovation-Entrepreneurship NEXUS (04/ 2005)


                     Findings:
  Drivers of growth in regional economies
    1. Entrepreneurship (new firms + growing firms)
    2. Innovation (patents, R&D, high-tech industries)



                      ©cpence@ucr.edu                    6
The problem
“California is losing its competitive edge”

      The Innovation-Entrepreneurship NEXUS (04/ 2005)


                    Implications:
   1. Innovative regions need entrepreneurship to more
      fully develop local economies.
   2. Entrepreneurial regions are likely to be associated
      with higher levels of technology.



                       ©cpence@ucr.edu                      7
The 2007 State New Economy Index*




           * Information Technology and Innovation Foundation
                  ©cpence@ucr.edu                               8
The 2007 State New Economy
                  Index




         ©cpence@ucr.edu     9
The 2007 State New Economy Index: CA
                   overall rank No 5
IT Professionals            16                                   Technology in Schools         48
                                 Package Exports            19
Managerial, Professional,                                        E-Gov’t                       21
                                 “Gazelle Jobs”             10
                            17
Technical Jobs
                                                                 Online Agriculture            19
                                 Job Churning               28
Workforce Education         12
                                                                 Broadband
                                                                                               2
                                 Fastest Growing Firms      9
                                                                 Telecommunications
Immigration of Knowledge
                            33
Workers                          IPO’s                      3
                                                                 High-Tech Jobs                7
Manufacturing Value-             Entrepreneurial Activity   9
                            20                                   Scientists & Engineers        12
Added
                                 Inventor Patents           1    Patents                       4
High-Wage Traded
                            6
Services
                                                                 Industry Investment in
                                 Online Population          34                                 2
                                                                 R&D
Export Focus of
                            9
Manufacturing & Services
                                 Internet Domain Names      4    Venture Capital               5
Foreign Direct Investment   23

                                         ©cpence@ucr.edu                                  10
www.connectory.com

                        Industry Clusters
                • Nanotechnology
                • Biotechnology
                • Advanced manufacturing
                • Intelligent transportation



      ©cpence@ucr.edu                       11
http://www.steminventory.com/




            ©cpence@ucr.edu     12
California Workforce Investment Board Toolkit




                   ©cpence@ucr.edu         13
The UCR Task
Develop an action research
model to understand:
1. How California companies
   encourage/ profit from
   innovation.
2. How academic institutions
   can better prepare graduates
   to succeed in an innovation-
   driven environment.
                                             The Hybrid Learning
                                             Team Inquiry Model
                           ©cpence@ucr.edu                         14
A California Innovation System


              Competitor Network




     Idea/Process                     Supply Chain



                    ©cpence@ucr.edu                  15
The UCR Model




            ©cpence@ucr.edu   16
360 Company Analysis
                Partnerships                     Buyers




    Local
                                                           Suppliers
 Government




                               Company
Outsource                                                    Competitors
Companies



                                                          Outsource
      Research
                                                          Companies
  labs/Universities

                         Financial Institutions
                             (e.g. Angels,
                           ventures, banks)                                17
                               ©cpence@ucr.edu
Company Selection Process

                    Nor
                                    Location
                    Cal
                                    Size
                    Companies
                                    Relationship
                                    No. Patents
                    So Cal          Industry
                    Companies
                                    Revenue



 List of all   Separate Lists of    Filter with      Updated list                   Final list of
                                                                    360 study of
Californian     Nor Cal and So     combination           of         the selected    companies
Companies       Cal Companies      of constraints    companies       companies     to Interview




                                         ©cpence@ucr.edu                                 18
Hiring Practices                                                                  PhD
               S. America
               Russia
 Canada Mexico E. Europe      Nor Cal    India       SE Asia    Europe       So Cal    ALL USA


                                                                         MS/MBA
 Mexico     Canada Russia
 S. America MidEast E. Europe India      Europe      SE Asia    Nor Cal      So Cal    ALL USA


                                                                              BA/BS
                  Mexico                Canada
                  S. America Russia     India
                  Middle East E. Europe Europe        SE Asia   Nor Cal       So Cal      ALL USA

                                                                                       HS
                                        Mexico              Nor
                             Middle     S.      SE Asia Cal
                    Canada   East       America Europe      India        All USA So Cal
                                         ©cpence@ucr.edu                                      19
The Hybrid Learning Team Inquiry Model
 Bridging silos of expertise and learning across campus
    and the statewide regional business community




                       ©cpence@ucr.edu                    20
Desired Outcomes




     ©cpence@ucr.edu   21
Activities




  ©cpence@ucr.edu   22
Innovative Solutions: Crossing the Chasm
    Experiential Learning Across the Campus
                              MBA Entrepreneurship Class
                              • MBA students
                              • Engineering PhD students

                              Course Projects:
                              BizBox Tech Transfer solution
                              Nanotech & JaalCheck

                              WIRED study:
                              Site Visits
                              Conferences
                              UCR TechHorizons
                              Student to student colloquia
                    ©cpence@ucr.edu                           23
Innovative Solutions: Crossing the Chasm
     Experiential Learning in the Community

                              MBA Entrepreneurship Class
                              • MBA students
                              • Engineering PhD students

                              WIRED study:
                              Site Visits
                              Conferences
                              UCR TechHorizons
                              Student to student colloquia



                    ©cpence@ucr.edu                          24
Skill Sets




  ©cpence@ucr.edu   25
Change in R&D Expenditures(3yrs)
100


 90


 80


 70


 60


 50


 40


 30


 20


 10


  0
      SoCal    NoCal   All USA   Canada   Mexico   S/America   SE Asia   India   Europe   Russia/East Middle East
                                                                                            Europe


                                             ©cpence@ucr.edu                                             26
©cpence@ucr.edu   27
28
©cpence@ucr.edu
WIRED in California
       Christine Cope Pence, Ph.D.
         EADA― March 25, 2009

http://innovatecalifornia.net/


           ©cpence@ucr.edu           29

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Wired In California

  • 1. WIRED in California Christine Cope Pence, Ph.D. EADA― March 25, 2009 ©cpence@ucr.edu 1
  • 2. The Innovation Economy ©cpence@ucr.edu 2
  • 3. Regional Excellence―National Prominence • Jobs • Innovation • Prosperity • Presence • Global Impact The Rise of the Entrepreneurial Class ©cpence@ucr.edu 3
  • 4. California Innovation Corridor The Objective • Entrepreneurship • Global manufacturing competitiveness • 21st century workforce development $15M/3-year grant • The California Space Authority • CA Workforce Development Agency • US Department of Labor • 60+ partners in 13 counties ©cpence@ucr.edu 4
  • 5. The problem “California is losing its competitive edge” The Innovation-Entrepreneurship NEXUS (04/ 2005) No sub-region within the Corridor's 13 counties was ranked within the top 25 most entrepreneurial regions in the country ©cpence@ucr.edu 5
  • 6. The problem “California is losing its competitive edge” The Innovation-Entrepreneurship NEXUS (04/ 2005) Findings: Drivers of growth in regional economies 1. Entrepreneurship (new firms + growing firms) 2. Innovation (patents, R&D, high-tech industries) ©cpence@ucr.edu 6
  • 7. The problem “California is losing its competitive edge” The Innovation-Entrepreneurship NEXUS (04/ 2005) Implications: 1. Innovative regions need entrepreneurship to more fully develop local economies. 2. Entrepreneurial regions are likely to be associated with higher levels of technology. ©cpence@ucr.edu 7
  • 8. The 2007 State New Economy Index* * Information Technology and Innovation Foundation ©cpence@ucr.edu 8
  • 9. The 2007 State New Economy Index ©cpence@ucr.edu 9
  • 10. The 2007 State New Economy Index: CA overall rank No 5 IT Professionals 16 Technology in Schools 48 Package Exports 19 Managerial, Professional, E-Gov’t 21 “Gazelle Jobs” 10 17 Technical Jobs Online Agriculture 19 Job Churning 28 Workforce Education 12 Broadband 2 Fastest Growing Firms 9 Telecommunications Immigration of Knowledge 33 Workers IPO’s 3 High-Tech Jobs 7 Manufacturing Value- Entrepreneurial Activity 9 20 Scientists & Engineers 12 Added Inventor Patents 1 Patents 4 High-Wage Traded 6 Services Industry Investment in Online Population 34 2 R&D Export Focus of 9 Manufacturing & Services Internet Domain Names 4 Venture Capital 5 Foreign Direct Investment 23 ©cpence@ucr.edu 10
  • 11. www.connectory.com Industry Clusters • Nanotechnology • Biotechnology • Advanced manufacturing • Intelligent transportation ©cpence@ucr.edu 11
  • 12. http://www.steminventory.com/ ©cpence@ucr.edu 12
  • 13. California Workforce Investment Board Toolkit ©cpence@ucr.edu 13
  • 14. The UCR Task Develop an action research model to understand: 1. How California companies encourage/ profit from innovation. 2. How academic institutions can better prepare graduates to succeed in an innovation- driven environment. The Hybrid Learning Team Inquiry Model ©cpence@ucr.edu 14
  • 15. A California Innovation System Competitor Network Idea/Process Supply Chain ©cpence@ucr.edu 15
  • 16. The UCR Model ©cpence@ucr.edu 16
  • 17. 360 Company Analysis Partnerships Buyers Local Suppliers Government Company Outsource Competitors Companies Outsource Research Companies labs/Universities Financial Institutions (e.g. Angels, ventures, banks) 17 ©cpence@ucr.edu
  • 18. Company Selection Process Nor Location Cal Size Companies Relationship No. Patents So Cal Industry Companies Revenue List of all Separate Lists of Filter with Updated list Final list of 360 study of Californian Nor Cal and So combination of the selected companies Companies Cal Companies of constraints companies companies to Interview ©cpence@ucr.edu 18
  • 19. Hiring Practices PhD S. America Russia Canada Mexico E. Europe Nor Cal India SE Asia Europe So Cal ALL USA MS/MBA Mexico Canada Russia S. America MidEast E. Europe India Europe SE Asia Nor Cal So Cal ALL USA BA/BS Mexico Canada S. America Russia India Middle East E. Europe Europe SE Asia Nor Cal So Cal ALL USA HS Mexico Nor Middle S. SE Asia Cal Canada East America Europe India All USA So Cal ©cpence@ucr.edu 19
  • 20. The Hybrid Learning Team Inquiry Model Bridging silos of expertise and learning across campus and the statewide regional business community ©cpence@ucr.edu 20
  • 21. Desired Outcomes ©cpence@ucr.edu 21
  • 23. Innovative Solutions: Crossing the Chasm Experiential Learning Across the Campus MBA Entrepreneurship Class • MBA students • Engineering PhD students Course Projects: BizBox Tech Transfer solution Nanotech & JaalCheck WIRED study: Site Visits Conferences UCR TechHorizons Student to student colloquia ©cpence@ucr.edu 23
  • 24. Innovative Solutions: Crossing the Chasm Experiential Learning in the Community MBA Entrepreneurship Class • MBA students • Engineering PhD students WIRED study: Site Visits Conferences UCR TechHorizons Student to student colloquia ©cpence@ucr.edu 24
  • 25. Skill Sets ©cpence@ucr.edu 25
  • 26. Change in R&D Expenditures(3yrs) 100 90 80 70 60 50 40 30 20 10 0 SoCal NoCal All USA Canada Mexico S/America SE Asia India Europe Russia/East Middle East Europe ©cpence@ucr.edu 26
  • 29. WIRED in California Christine Cope Pence, Ph.D. EADA― March 25, 2009 http://innovatecalifornia.net/ ©cpence@ucr.edu 29