Presentation on theme: "BUSINESS SENSITIVE 1 West Virginia Blueprint for Technology-Based Economic Development Marianne Clarke Battelle Technology Partnership Practice March 2009."— Presentation transcript:
BUSINESS SENSITIVE 1 West Virginia Blueprint for Technology-Based Economic Development Marianne Clarke Battelle Technology Partnership Practice March 2009
BUSINESS SENSITIVE 2 Battelle Who is Battelle? One of world’s largest non-profit R&D organizations ($4 billion in R&D activity annually) Worldwide leader in development, commercialization, and transfer of technology (50 – 100 patents annually) Contract research with nearly 1,100 government and industry clients annually Manager of national labs (Brookhaven, Idaho, Pacific Northwest, Oak Ridge, National Renewable Energy, Lawrence Livermore, National Biodefense) More than 20,000 employees worldwide Battelle’s Products Annually develop R&D Funding Forecast for U.S. Technology forecasts (Top Ten Products; Top Ten Home Products) Rapid product development for firms (toothbrushes to insulin pens) resulting in many product awards annually Commercializing technologies and establishing firms
BUSINESS SENSITIVE 3 Battelle’s Technology Partnership Practice Demonstrated track record in translating technology strengths into development strategies and designing and evaluating key initiatives from research parks to incubators to research centers Broad breadth – TPP projects across the nation in the past 9 years Areas of Expertise –Core Competency Identification –Cluster Analysis –Economic Impact Assessment –Technology Talent & Workforce Development –Entrepreneurial Development/ Venture Financing –Technical Assistance and Problem Solving –Program Design and Implementation –Benchmarking
BUSINESS SENSITIVE 4 Why Develop a Blueprint for Technology- Based Economic Development
BUSINESS SENSITIVE 5 How the Blueprint Was Developed Core Competency Assessment and Identification of Technology Platforms Quantitative Analysis Interviews Assess Competitive Position of WV Review previous Analysis Supplement with additional data West Virginia Technology Blueprint Plan Mission/Vision Strategies Actions Priorities Financial Resources Timeline Implementation Plan Measures of Success Communication and Roll-Out Stakeholder Interviews and Gap Analysis Phase I Phase II
BUSINESS SENSITIVE 6 Identifying Strategic Focus Areas To determine WV’s technology strengths, Battelle asked three core questions: –What are the established and emerging science and technology R&D core competencies in WV? –Which of these core competencies coincide with significant market opportunity – thereby constituting key technology niches or “technology platforms” that may drive technology-based economic development for WV? –What is West Virginia’s current competitive position for technology-based economic development?
BUSINESS SENSITIVE 7 Discerning Technology Research Strengths: Quantitative/Qualitative Analysis Qualitative Analysis Use of extensive field interviews to identify how core competencies can be translated into sources of innovative technologies/products for development (platforms). Key characteristics: –Applications orientation –Address current as well as new, emerging market opportunities –Interdisciplinary and often cross- institutional Picks up emerging areas not always captured in quantitative data Links research to platforms through market analysis Quantitative Analysis Identifies research strengths through statistical analysis that includes the following: –Extramural Grants –Publications –Reputation Rankings –Patents Use of OmniViz clustering analysis of patent and grant awards to identify research and technology areas where both concentration of activity and excellence are demonstrated.
BUSINESS SENSITIVE 8 Strategic Focus Areas for WV Objective Subjective Core Competency Areas WV Technology Platforms EnergyEnvironment Public health/ Occup. health MaterialsNeuroscienceCancer Nanotech & applications Diagnostics and Drugs Visualization & Imaging Advanced Energy and Energy-Related Technology Molecular Diagnostics, Therapeutics and Targeted Delivery Systems Identification, Security & Sensing Technology Materials
BUSINESS SENSITIVE 9 Strengths on which to build and challenges to address
BUSINESS SENSITIVE 10 Blueprint Phase II – Developing Strategies and Actions to Grow West Virginia's Technology Economy Capitalize on strengths –Initial focus on two platforms: Advanced Energy and Identification, Security and Sensing Technology Address gaps Propose implementation steps Support and oversight provided by: TechConnectWV Vision Shared Team WV Coalition for Technology Based Economic Development – 2007 TechConnectWV – 2008
BUSINESS SENSITIVE 11 Key Gaps Facing WV in Building its Technology Economy
BUSINESS SENSITIVE 12 Many West Virginian’s provided input in developing the proposed strategies and actions In-depth interviews with key stakeholders Regional focus groups with representatives from universities, economic development groups, technology companies, government agencies and others Platform focus groups –Biometrics –Energy Extensive input from TechConnectWV Executive Committee and staff
BUSINESS SENSITIVE 13 Build a culture that supports innovation and entrepreneurship Grow West Virginia’s technology clusters Ensure access to capital at all stages of development Promote a pro-active business climate with incentives that will grow attract and retain technology-based companies General Strategies Proposed for West Virginia Strategies to Grow West Virginia Technology Clusters Advanced Energy Platform Bring key stakeholders together Establish WV as a leader in advanced energy Facilitate university, national lab and non-profit engagement with industry for technology development and commercialization Identification, Security and Sensing Technology Platform Bring key stakeholders together to guide biometrics sector development Build a stronger commercial biometrics base Aggressively promote WV as the international hub for biometrics — identity, security and sensing technologies Molecular Diagnostics Therapeutics and Targeted Delivery Systems Platform To be developed Advanced Materials and Chemicals Platform To be developed
BUSINESS SENSITIVE 14 General Strategies and Actions to Boost Technology-Based Economic Development in West Virginia Support and expand TechConnect WV Support and expand a statewide network providing comprehensive commercialization services and support to technology entrepreneurs and early-stage start-up companies Encourage the state’s universities to continue to increase support for technology transfer and commercialization Create a university-industry matching grant program Publicize and celebrate TBED success Continue to provide support for the WV Research Trust Fund Establish an Innovation Institute Program focused on the technology platforms Form technical networks around each of the platform areas Provide funds to match SBIR and STTR Phase I awards received by WV companies Increase funding for INNOVA’s seed and early- stage investment fund Use tax credits to make capital available to early-stage technology companies Attract venture fund investments in WV technology companies Invest in technology infrastructure, including research parks, incubators, and laboratories Maintain the state’s refundable R&D tax credit and Economic Opportunity Tax Credit Develop a branding and marketing strategy that builds on the technology and location strengths of WV Identify and build awareness of 21st Century Skills Facilitate and expand talent recruitment efforts Undertake a communications campaign Build a culture that supports innovation and entrepreneurship Grow WV’s technology clusters around the targeted technology platforms Ensure access to capital at all stages of firm development Promote a proactive business climate
BUSINESS SENSITIVE 15 Opportunities in the Identification, Security and Sensing Technology Electronics and nano- materials Identification, Security, and Sensing Technology Biosensors and nano-delivery systems Molecular recognition sensors Security and defense systems and applications Integrated molecular recognition systems Environmental monitoring and sensing systems
BUSINESS SENSITIVE 16 Biometrics Platform Strategies and Actions Fund the West Virginia Biometrics initiative to form the platform steering committee comprising representatives from industry, government, nonprofit, and R&D institutions Continue to identify and promote opportunities and high-value projects with alignment to existing capabilities in identification, security and sensing technology areas Continue to develop and implement plans, projects or activities focused on high-priority theme areas Integrate biometric applications and technologies within state controlled facilities to spur development of West Virginia biometrics companies and industry Encourage intellectual property development and technology transfer at West Virginia universities and invest in biometrics products from West Virginia R&D institutions Provide funds to small West Virginia biometrics companies to support joint R&D projects with area universities and user organizations specific to commercial product development Recruit a product-based company in the biometrics space Provide funding through the West Virginia Department of Commerce to support and expand the West Virginia Biometrics Initiative’s sector-promotion activities Bring key stakeholders together to guide biometrics sector development Build a stronger biometrics baseAggressively promote West Virginia as the international hub for biometrics— identification, security and sensing technology
BUSINESS SENSITIVE 17 Opportunities in the Advanced Energy Platform Energy Recovery and Distribution technology Advanced Energy and Energy-related Technology Carbon materials and byproduct materials Power recognition/ combustion technology Energy pollution prevention and mitigation Energy-use efficiency technology Alternative energy and fuels
BUSINESS SENSITIVE 18 Energy Platform Strategies and Actions
BUSINESS SENSITIVE 19 Measures of Success Continue to grow the West Virginia academic R&D base at a pace that significantly exceeds that of the nation, with a target of $360 million by 2015 Increase R&D funding in platform areas in all sectors (academia, nonprofits, and industry) Increase industry-supported R&D at West Virginia’s universities and colleges to match the national average by 2020 Increase the number of technology-based companies in West Virginia at a rate higher than the national average Increase employment in private-sector, technology-based companies in West Virginia to reach the national average by 2020 Increase the number of spin-off companies developed from technology created at West Virginia’s universities to achieve the national average by 2020
BUSINESS SENSITIVE 20 Conclusion West Virginia must build innovation infrastructure to compete and to grow and diversify economy West Virginia is positioned to grow the technology sector by building on strengths in advanced energy, biometrics, materials, and biomedical fields To succeed, WV must commit to making a significant investment over an extended period of time
BUSINESS SENSITIVE 21 EXECUTIVE SUMMARY MATERIALS & CHEMICALS REPORT Strategies to Grow WV’s Advanced Materials and Chemicals Platform ADVANCED ENERGY REPORT Strategies to Grow WV’s Advanced Energy Platform BIOTECHNOLOGY REPORT Strategies to Grow WV’s Molecular Diagnostics, Therapeutics & Targeted Delivery Systems Platform BIOMETRICS REPORT Strategies to Grow WV’s Identification Security and Sensing Platform GENERAL REPORT General Strategies to Grow WV’s Overall Technology Economy Copies of these reports can be found at www.techConnectWV.com
BUSINESS SENSITIVE 22 Marianne Clarke Director, Washington Office Technology Partnership Practice Battelle Voice: (301) 270-6245 E-mail: firstname.lastname@example.org
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