Best Practices in State and Regional Innovation Initiatives Competing in the 21st Century (2013) / Chapter Skim
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Executive Summary
Executive Summary
Pages 1-4
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Operating out of necessity, innovation policies at the state level often involve taking advantage of existing resources and recombining them in new ways, forging innovative partnerships among universities, industry and government organizations, growing the skill base, and investing in the infrastructure to develop new technologies and new industries. Many of these initiatives are being guided by leaders from the private sector and universities.
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These conferences, held in Arkansas, Hawaii, Michigan, Ohio, Illinois and New York, have generated an improved understanding of the challenges associated with the transition of research into products, the practices associated with some successful state and regional programs, and their interaction with federal programs and private initiatives. The common element in each of the regional meetings is the growing determination of the state and regional authorities and the private sector to enhance technological capacity, university-industry connections, and economic growth in the region for current and future generations.
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Funding from philanthropic foundations can play a significant and often catalytic role in initiating, complementing, and sustaining action, by regional and state authorities.
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