Title: Increasing Competitiveness by Connecting Companies
1Increasing Competitivenessby Connecting
Companies Campus
- BREI Annual Conference 2005
- Nashville, TN
2Our History
- Enterprise and economic development has always
been a vital part of Georgia Techs mission. - Part of Georgia Techs original charter in 1885
was to help Georgia make the transition to the
industrial age. - Today, Georgia Tech is providing the technology
and assistance needed to make the transition to
the 21st century economy.
3Georgia Tech Service Areas
- Business Industry Assistance
- Commercialization and Technology Transfer
- Entrepreneurial Development
- Community Government
- Linkages to Campus
4Business Industry Services
- Energy Management
- Environmental Management
- Lean Enterprise Services
- Quality and International Standards
- New Product Development Process Improvement
- Product Design and Development
- B2B Marketing for Manufacturers
- Strategic Planning
- Minority Business Development
- Government Procurement Assistance
- Trade Adjustment Assistance
5Other Programs
- Access and Collaboration with Campus
- Schools of Engineering, Public Policy, College of
Management, GTRI, Environmental Programs - Southeast Trade Adjustment Assistance Center
- Assisting companies hurt by foreign trade
competition - Southeast Regional Technology Transfer Center
- Transferring NASA technology to improve
industrial competitiveness. - Georgia Traditional Industries Program
- Research to help carpet, textile, food
processing, pulp paper industries - Georgia Tech Procurement Assistance Center
- Helping companies win new contracts with the
federal government - ATDC Seed Capital Fund
- Boosting amount of early-stage financing for
start-up companies -
6Georgia Tech Report Card
- Commercializing technology from Georgia Tech
- Ninety research innovations from faculty
evaluated for market potential. - Helping entrepreneurs launch and build new
companies - Incubator companies generated more than 684
million in revenues and provided more than 4,900
high-tech jobs during 2002 - Assisting Georgia companies
- 1,300 plus companies served through a variety of
technical assistance. - Assisted companies with more than 211 million in
new government contracts. - Assisted in the attraction or retention of more
than 14.5 million in new capital investment and
557 jobs statewide.
7Georgia Centers of Innovation
- Maritime Logistics Innovation Center
- Life Science Innovation Center
- Aerospace Innovation Center
- IT Innovation Center
- Agriculture Innovation Center
- Advanced Mfg Innovation Center
8Manufacturing Extension Partnership
- Nationwide network of not-for-profit centers
- 350 locations nationwide providing assistance to
small and medium sized manufacturers - Dept of Commerce National Inst of Standards
Technology - Specialists with experience in plant operations.
9Innovation and Competitiveness
- The National Innovation Initiative (NII) defines
innovation as the intersection of invention and
insight, leading to the creation of social and
economic value. - Innovation will be the single most important
factor in determining Americas success through
the 21st century.
Source National Innovation Initiative Report,
Dec 2004
10Innovation and Competitiveness
- The innovation economy is fundamentally
different from the industrial or even the
information economy. It requires a new vision,
new approaches and a new action agenda. The
United States must create the conditions that
will stimulate individuals and enterprises to
innovate and take the lead in the next generation
of knowledge creation, technologies, business
models and dynamic management systems. A new
relationship among companies, government,
educators and workers is needed to assure a 21st
century innovation ecosystem that can
successfully adapt and compete in the global
economy.
Source National Innovation Initiative Report,
Dec 2004
11Innovation in Context
- About half of all U.S. patents are owned by
overseas companies (Japan, Korea and Taiwan
accounting for more than one-fourth.) - Sweden, Finland, Israel, Japan and South Korea
each spend more on RD as a share of GDP than the
United States. - China overtook the United States in 2003 as the
top global recipient of foreign direct
investment. - Only six of the worlds 25 most competitive
Information Technology companies are based in the
United States 14 are based in Asia. - Asia spends as much on nanotechnology as the
United States.
Source National Innovation Initiative Report,
Dec 2004
12NII recommendations
- Organized into three broad categories Talent,
Investment, Infrastructure. - MEP network must refocus on innovation and become
adaptive capable of finding new competitive
advantages by looking ahead for market changes,
dominating niche markets and rapidly exploiting
new technologies and service advantages. - SMEs should receive assistance in
- technology diffusion
- new product development
- supply chain integration
- innovative use of business services
- advanced information technologies and finance
strategies.
13Increasing Competitivenessby Connecting
Companies Campus
- BREI Annual Conference 2005
- Nashville, TN