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Building the Ohio Innovation Economy Summary of a Symposium (2013) / Chapter Skim
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Panel IV: State and Regional Innovation Programs
Pages 74-83

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From page 74...
... "When you live here in this place I talk about, northeast Ohio, you might take for granted what you have in your own surroundings. So on this panel we're going to talk about just how remarkable is the work you are doing right here in Cleveland." He praised the Third Frontier program in particular as a leading state program which many others are trying to emulate.
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From page 75...
... He proposed five key components to consider when defining desirable regional assets. These are the economic base, which includes the kinds of products and services produced; entrepreneurship, including the capability to create companies wholly new or from existing firms; talent, including workforce skills and the human capital base; innovation and ideas; and the basic conditions of the region, including location, infrastructure, amenities, factor costs, and natural resources.
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From page 76...
... , a 15-year-old national nonprofit organization based in Columbus. With 180 members, including state programs, local programs, and universities, SSTI's mission is to "improve government-industry programs that encourage economic growth through the application of science and technology." Its founding funders include the Carnegie Corporation, Kauffman Foundation, and Manufacturing Extension Program, with additional support from the Economic Development Administration.
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From page 77...
... Ohio had renewed the Third Frontier, Maine has passed several bond issues supportive of science, Arizona passed a sales tax, and California passed a $3 billion embryonic stem cell initiative. "So we see a trend of widespread support for science and engineering." The Challenge of a Skilled Worker Shortage Among current challenges, he said, were a predicted shortage of skilled workers and new expectations of higher education.
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From page 78...
... Bagley said that NorTech works under a regional infrastructure called Advance Northeast Ohio, adopted by the members of the Fund for Our Economic Future and regional business community. This agenda functions on the premise that business growth, talent development, racial and economic inclusion, and government collaboration and efficiency are the key pillars of a stronger regional economy.
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From page 79...
... Ms. Bagley said that NorTech defines a cluster as an economic ecosystem that is interconnected and geographically bound, and includes the entire value chain of technological innovation: research institutions, materials suppliers, equipment manufacturers, service providers, sub-component manufacturers, product developers.
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From page 80...
... Basically we defined specific areas for which we need outside funding: advanced energy, innovation entrepreneurism, manufacturers in transition, and business incubation. And of course we need a strong voice in the State of Ohio Third Frontier program as well." About NorTech What we do: Develop Regional Innovation Clusters by:  Attracting new members  Building relationships  Creating market-driven roadmaps  Engaging with government  Utilizing data & metrics FIGURE 4 NorTech drives the development of regional innovation clusters.
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From page 81...
... This opportunity fits with the existing flexible electronics cluster, including flexible batteries, flexible LCDs, and other technologies that might produce new products for American Greetings markets. In reviewing the distribution of the region's specific clusters, Ms.
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From page 82...
... Some other regions, he said, had had difficulties in this respect. In Pennsylvania and New York, he said, new administrations had seen what appeared to be redundant development organizations and proposed replacing them with block grants for the regions.
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From page 83...
... One, who gets the most cash; two, who's in control, and of what; and three, who is getting the credit for positive results. "Some symptoms of these problems can be mission creep from one organization to another; funders starting to balk at different organizations lining up at the door for similar missions, rather than coming in together; and the cash barrier that challenges not-for-profits at the state and regional levels.
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Key Terms

  • third frontier
  • flexible electronics
  • ohio innovation
  • innovation economy
  • regional innovation

  • technology institute
  • market opportunity
  • innovation ecosystem
  • advance northeast
  • economic ecosystem

  • innovation programs
  • innovation clusters
  • state science
  • lake erie
  • advanced energy

  • global market
  • cleveland metro
  • american greetings
  • frontier program
  • action plan

  • relevance stage
  • including workforce
  • regional clusters
  • flexible lcds
  • development initiative

  • flexible batteries
  • including state
  • including companies
  • innovation process
  • brief economic


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