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Cover of Building the Ohio Innovation Economy

Building the Ohio Innovation Economy

Summary of a Symposium

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Washington (DC): National Academies Press (US); .
ISBN-13: 978-0-309-26676-5ISBN-10: 0-309-26676-9

Excerpt

The symposium reported in this volume convened state officials and staff, business leaders, and leading national figures in early-stage finance, technology, engineering, education, and state and federal policies to review challenges, plans, and opportunities for innovation-led growth in Ohio. The symposium also included an assessment of the state’s industrial, and human resources; identification of key sectors and issues; and a discussion of how the state might leverage its universities, development organizations, philanthropic foundations, and national programs focused on manufacturing and innovation to support its economic development goals. Given the location of the conference, a number of speakers highlighted regional initiatives in northeast Ohio although initiatives elsewhere in the state were also given prominence.

The scope of the conference, as with any single meeting, was necessarily limited. The conference rightly placed great emphasis on a wide variety of initiatives underway in Ohio to spur entrepreneurship and grow new industries rather than on how existing large employers are adapting to global competition. Similarly, little attention was focused on the state’s investments in its broadband infrastructure, even though this effort is a key element in the state’s future capabilities. The role of large employers and automotive supply chains are arguably understated, but this reflects the conference focus. At the same time, the conference did take up initiatives underway at some of Ohio’s “traditional” manufacturing industries. For example, the report captures the key factors leading to the turnaround of Timken, a leading manufacturer of steel bearings, and also addresses the new commercial thrust of the region’s well-established medical industry.

Contents

Rapporteur: Charles W. Wessner

This study was supported by: Contract/Grant No. DE-DT0000236, TO #28 (base award DE-AM01-04PI45013), between the National Academy of Sciences and the Department of Energy; and Contract/Grant No. N01-OD-4-2139, TO #250 between the National Academy of Sciences and the National Institutes of Health. This report was prepared by the National Academy of Sciences under award number SB134106Z0011, TO# 4 (68059), from the U.S. Department of Commerce, National Institute of Standards and Technology (NIST). This report was prepared by the National Academy of Sciences under award number 99-06-07543-02 from the Economic Development Administration, U.S. Department of Commerce. Additional support was provided by The University of Akron, NorTech, Case Western Reserve University, Morgenthaler, Jones Day, Cleveland Foundation, The George Gund Foundation, Austen BioInnovation Institute in Akron, The Burton D. Morgan Foundation, Cleveland State University, Kent State University, KeyCorp, Lorain County Community College, Medical Mutual of Ohio, the Heinz Endowments, the Association of University Research Parks, Acciona Energy, Dow Corning, IBM, and SkyFuel, Inc.

Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the views of the organizations or agencies that provided support for the project.

NOTICE: The project that is the subject of this report was approved by the Governing Board of the National Research Council, whose members are drawn from the councils of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine. The members of the committee responsible for the report were chosen for their special competences and with regard for appropriate balance.

The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the National Institute of Standards and Technology, the Economic Development Administration, or the U.S. Department of Commerce.

Copyright © 2013, National Academy of Sciences.
Bookshelf ID: NBK121282PMID: 24027806DOI: 10.17226/13538

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