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Keynote Address
Pages 27-31

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From page 27...
... These settings include infrastructure, facilities, institutional cultures, attributes of geographic location, and regulatory and other types of organizations. It also is shaped by factors that are increasingly global and devoid of boundaries." OPTIMIZING THE INNOVATION ECOSYSTEM Public attitudes about the importance and usefulness of research also affect the innovation ecosystem, Proenza said, and may result in policy environments that are contradictory and laden with unintended consequences.
From page 28...
... "Knowledge builds new capacities just as surely as new materials build new structures," he said, "and our nation's investments in research have built real assets that yield real and large returns. When new knowledge is quantified in a market environment, it creates fuller employment, capital formation, growing profits and surpluses for reinvestment.
From page 29...
... When I came to the University of Akron in 1999, I often noted the irony that 20 years before I had urged the state of Georgia to emulate Ohio and its Edison programs. Then, in 1999, I found myself encouraging Ohio to emulate Georgia, which had done so much in the ensuing time while Ohio lagged." A dozen years ago, northeast Ohio largely lacked entrepreneurial drive, risk tolerance, and innovation capital, he said.
From page 30...
...  This fund in turn launched Advance Northeast Ohio in 2007, and has become one of only three participants across the country in partnership with the Brookings Institution, creating the Northeast Ohio Regional Business Plan, a new approach to creating economic growth across our region. A decade ago, new legislation allowed faculty at Ohio's public universities to become stakeholders in startup companies derived from their own research findings.
From page 31...
... To succeed, universities, business, industry and government must work together. So let us be cheerful and plunge ahead."


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