Assets and Dynamics of an Innovation System Doug Henton Collaborative Economics
Assets and Dynamics of an Innovation System
Doug Henton Collaborative Economics
INNOVATION ASSETS AND DYNAMICS © Collaborative Economics 2011
ASSETS• TECHNOLOGY R&D• TALENT: DEVELOPMENT & ATTRACTION• INVESTMENT CAPITAL
ASSE
TS
California R&D Assets
TOTAL R&D, $71 Billion
Industry, $58 Billion
Federal Obligations, $21 Billion
Academic, $6.7 Billion
California Talent
California Talent
PROCESSES
• IDEA GENERATION• COMMERCIALIZATION• ENTREPRENEURSHIP• BUSINESS
INNOVATIONPRO
CESS
ES
California Patents
OUTCOMES
• OPPORTUNITY• COMPETITIVENESS• BUSINESS
PERFORMANCE
OU
TCO
MES
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.
QUALITY OF LIFE
• LIVABILITY• VIBRANCY
QUA
LITY
OF
LIFE