Assets and Dynamics of an Innovation System

Doug Henton Collaborative Economics

INNOVATION ASSETS AND DYNAMICS © Collaborative Economics 2011

ASSETS• TECHNOLOGY R&D• TALENT: DEVELOPMENT & ATTRACTION• INVESTMENT CAPITAL

ASSE

TS

California R&D Assets

TOTAL R&D, $71 Billion

Industry, $58 Billion

Federal Obligations, $21 Billion

Academic, $6.7 Billion

California Talent

California Talent

PROCESSES

• IDEA GENERATION• COMMERCIALIZATION• ENTREPRENEURSHIP• BUSINESS

INNOVATIONPRO

CESS

ES

California Patents

OUTCOMES

• OPPORTUNITY• COMPETITIVENESS• BUSINESS

PERFORMANCE

OU

TCO

MES

California Business Performance

• California created 124,000 net new jobs on average each year between 1995 and 2009.

• Of the 1,578,000 jobs created, existing firms accounted for 65 percent, startups accounted for 34 percent, and relocations accounted for 1 percent.

QUALITY OF LIFE

• LIVABILITY• VIBRANCY

QUA

LITY

OF

LIFE