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Session #3-B Knowledge-Base Benchmarking (KBB) & Roadmap for Technology-Based Growth Dr. David Gibson IC2 Institute The University of Texas at Austin. Action Research makes IC 2 different. East Tennessee’s 21 st Century Jobs Initiative (1996)
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Session #3-BKnowledge-Base Benchmarking (KBB) & Roadmap for Technology-Based GrowthDr.David GibsonIC2 Institute The University of Texas at Austin
Action Research makes IC2 different • East Tennessee’s 21st Century Jobs Initiative (1996) • Charleston, South Carolina Technology-Based Entrepreneurship (1997) • Accelerating Technology Based Entrepreneurship in Metro Orlando, Florida (2000) • Accelerating Technology-Based Growth, Waco, TX; San Angelo, TX (2001) • Cross-Border Institute for Regional Development (2002) – Knowledge Base Benchmarking • Canary Islands, Virtual Incubation (2002) • ISTC, Moscow Russia and RF and CIS (2002)
Cross-Border Institute for Regional Development (CBIRD) at ITESM-UTB-IC2 The international cross-border region incorporates an ever expanding geo-political area transected by the Texas-Mexico border and is inscribed by the core which includes Monterrey, Nuevo Leon, Mexico, to the south, and by El Paso, Laredo, Corpus Christi and Brownsville, Texas, to the north.
CBIRD VISION Through cooperative partnerships with the private and public sectors, CBIRD works to facilitate the emergence of an integrated, linked region with a shared vision and leveraged resources for regional development One region, one future Una region, uno futuro
CBIRD MISSION To work with local champions to help transform the economy of the Texas-Mexico border region into a 21st-century, knowledge-based economy driven by technology industries, state-of-the-art manufacturing, and value-added services.
Overview of Knowledge-Base Benchmarking (KBB) & Roadmap for Technology-Based Growth
Strategies for Action Short and Longer-term Business/Education/ Local Government Benchmark Technology Knowledge Base Community/Regional/Border Collaboration/Cooperation/Synergy Develop a Compelling Vision
T2 Metrics Process Benchmarking as a Catalyst Education Foundations Mechanisms Creativity Innovation Industry Government
Regional/Community Collaboration/Cooperation • 1st Level Influencers/Visionaries • 2nd Level Influencers/Champions • Regional Networking Organizations
Benchmarking a region’s assets and challenges to: Foster collaboration across academic, business, and government sectors Incubate and grow technology-intensive companies Retain and expand existing enterprises Foster, recruit and bring back talent Facilitate public/private partnerships Accelerate economic growth while maintaining a sustainable and accessible quality of life.
Regional Benchmarks: Metrics for “Success” • Wealth creation • High value jobs • Sustainability • Shared prosperity • Quality of life
GeographicallyEconomicallyTechnologicallyEducationallyGovernmentSocial ConcernsCultural ConcernsNatural Resources
The Suggested Focus is on Three Infrastructures:Technological - Assets Civil - Hard Infrastructure Civic - Human Resources
Talent • Education – Technology Focus (College, Undergraduate and Graduate) • Education – Smart Infrastructure (business, legal, etc.) • Education – Entrepreneurial (K-12, college, university & training) • Entrepreneurial Support Services • Entrepreneurial Case Studies/Role Models
Technology • R&D Base: University, Corporate, Federal, Other – by technology area • Scorecard/Timeline of Technology Intensive Companies – small, mid-sized, large - by sector/cluster • Spinouts, startups (and where technology originated)
Capital • Angel/Seed – existing and potential • Venture Capital • Banks • Federal, State, Regional • Support Organizations
Smart Infrastructure (Know-How/Human Capital) • Management • Financial • Legal • Marketing • Manufacturing • Sales & Distribution • International
Community/Regional Collaboration/Cooperation(Civic Infrastructure) • 1st Level Influencers/Visionaries • 2nd Level Influencers/Champions • Regional Networking Organizations
Hard (Civil) Infrastructure • Science Parks and Incubators • Airports, Roads, Bridges • Internet Connectivity • Computer & Information Technology
Collect key quantitative and qualitative data at the “grassroots level” on assets and challenges to accelerating technology-based growth: • published reports and surveys, • archival data • cluster data • working groups • targeted surveys • interviews • have a community board of advisors from academic, business, government sectors
To use Computer and Information Technologies to: • Construct a regional and dynamic knowledge base • Publish web-based reports as a unifying catalyst for the region and to inform national and international influencers • Leverage resources within the region • Foster national and global partnerships for leveraging talent, technology, capital, and know-how • Leapfrog for “Spectacular Success”
NOT to imposed a standard - “cookie cutter” - solution • To provide a regional roadmaps for action: near and longer term • To work for “spectacular success” • To Re-Brand the region
Build on Your Strengths • Geography • NAFTA • Educational Institutions • Bilingual/Cross-cultural • Case Profiles of Successful Entrepreneurs
Desired Outcomes Recruitment • Facilitate recruitment with KBB • Targeted recruitment for cluster development Retention and Expansion • Better understanding of technology company needs and infrastructure requirements of major employers • Assess how new technologies might assist in retaining and growing at-risk firms
New Firm Development • Enhanced recruitment and nurturing of technology-oriented enterprises • Foster spin-outs from local academic, business, and government sectors • Accelerate the development of fast-growth companies • Fostering spectacular entrepreneurial successes
Partnerships and Alliances • Strengthen regional collaboration among academic, business, and government sectors • Foster regional technology councils • Foster regional entrepreneurial councils • Strengthen national and global alliances and partnerships
Talent • Targeted Workforce Training • Retain talent within the region • Recruit and “bring back” entrepreneurs to the region Technology • Know your strengths Capital • Assess capital needs and availability Know-How • Smart Infrastructure development
Have “the region” serve as an role model • for developing creative and innovative ways to nurture and grow successful technology entrepreneurs on the border region • fostering a sustainable and accessible quality of life
Use advanced CIT: (1) to construct a regional reports and databases - a dynamic knowledge base (2) to leverage resources within the region (3) to foster national and global partnerships for leveraging talent, technology, capital, and know-how (4) to Leapfrog for “Spectacular Success”
CBIRD ReportI. Introduction • Historic profile • Economic trends • Demographics • Natural Resources (water) • Cross-Border history/overview
II. Survey results • Established industries • Emerging economy • Strategies and factors for job creation and economic development • Business leaders’ opinions and open-ended comments • Facilitators and Barriers to accelerated technology-based growth
III. Education and R&D • University education and research • Undergraduate • Graduate • College • Workforce Training • Public School • Regional Research & Development • Conclusions & recommendations vision for the future
IV. Cameron County Enterprises • Transportation & Logistics • Health Services • Technology Sector • Manufacturing/Maquiladoras • Agriculture • Trade & Tourism
V. Focus Groups • Within each of the Industry Clusters, local groups convene to “focus” on such issues as assets, challenges, regional collaboration and visions of the future
VI. Roadmap & Strategic Recommendations • Rank critical action strategies • Short-term • Long-term
WACOAction Item • Focus Academic, Business, and Government Collaboration on Established & Emerging Industry Clusters with the Greatest Growth Potential • Vision: Leverage existing and emerging academic assets (research, education, training) to accelerate the growth of established and emerging technology-based industries, to become globally competitive in targeted, niche sectors • Challenges: To select targeted industry clusters; to foster shared awareness & importance of leveraging region-wide assets; to increase R&D
WACOAction Item • Include All of McLennan County’s Citizens in the Region’s Economic Development Vision, Activities & Successes • Vision: The Greater Waco Region as a national leader in wealth creation, social inclusion, and shared prosperity • Challenges: Not all segments of the region have participated in the economic improvements of the past, despite good faith efforts and an overall improvement in regional economic conditions
WACOAction Item • Develop Greater Waco as an Emerging Center of Entrepreneurship • Vision: The Greater Waco Region as a national player in growing, recruiting, and retaining entrepreneurial talent and as a region known for genuinely helping entrepreneurs • Challenges: Losing potential entrepreneurial talent to Dallas, Austin & elsewhere; Local support mechanisms are fragmented and have not coalesced
WACOAction Item • Develop Regional, National, and Global Value-Added Partnerships and Alliances • Vision: Utilize national and global alliances and partnerships to enhance the Greater Waco Region’s existing resources and assets • Challenges: Few engines of R&D to drive creation of new technologies & products; Limited support for strategies such as “global partnering”