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Distinguishing innovation ecosystems from entrepreneurial ecosystems

Over the past few weeks, I’ve been exploring the challenge of improving the productivity of the ecosystem surrounding a research university like Purdue. There some interesting reading on the topic, but...

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Universities as Anchors for Regional Innovation Ecosystems

In the midst of all the political gridlock in Washington, it’s easy to become cynical about the long-term competitive prospects of our nation’s economy. But shift your focus to the nation’s regions,...

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Connecting technology development with market opportunities

Last week, I spent time with my Fraunhofer colleagues focusing on a particular challenge facing the pace and scale of innovation. The work in innovation management at Fraunhofer aligns well with the...

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Here are my take-aways from the Global Innovation Summit 2014

Here are some of my takeaways from the Global Innovation Summit that I attended in San Jose last week, a fantastic event. Before you go any further, though: Pull out your January 2015 calendar and mark...

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Visualizing regional innovation ecosystems: A high level perspective

Depending on your purpose, there are multiple alternatives for visualizing regional innovation ecosystems. These visualizations are best seen within the context of a strategic purpose. In other words,...

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Adapting the Fraunhofer model to the US market: Innovation ecosystems

This morning a friend shared an article that triggered some thoughts: Behind Germany’s Success Story in Manufacturing For the past year, I have been developing an approach with our colleagues at...

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Testing our approach to Innovation Acceleration in New Jersey

In April, the New Jersey Institute of Technology launched the New Jersey Innovation Institute. In July, the Department of Defense announced a $5.6 million dollar award to support the Institute’s first...

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Innovation districts: Simple guidelines

For those of us who have been around a while, the new push to regenerate cities with innovation districts appears like yet another fad. But is it? Clearly, Brookings, the major proponent of the shift...

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Moving our innovation thinking from barriers to ecosystems

Introduction Commercialization of federally funded research at universities faces a bewildering array of obstacles. The reason: innovation — the translation of knowledge into value (or money) — emerges...

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Rebuilding our industrial commons

For over 30 years, U.S. manufacturing has been in relative decline in the face of relentless competitive pressure.  Rebuilding our relative competitive position in manufacturing will not come easily....

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Learning more about the “How” of clusters

Ever since Michael Porter began promoting the concept of clusters in the mid-1990s, a lot has been written about the What and Why: What are clusters and Why are they important. Not so much useful has...

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What’s next: Horizontal innovation

The next big transformation in economic development is coming. It’s about time. Remarkably, most economic development organizations are still playing a game invented in Mississippi in the 1930s. It...

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Innovating in a world of complex networks

Betting against the U.S. economy has never been a smart idea. Time and again, our economy has shown remarkable resilience to overcome major disruptions, collapses and failures. From the several panics...

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The shiny attraction of tax cuts

Years ago, as I was working on consulting teams, we helped companies like GE globalize their production. That meant moving jobs out of the U.S. The only way for the U.S. to adjust to this new global...

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Start-up and innovation ecosystems: Testbeds

It’s no surprise that academic research often lags behind market developments (Brown & Mawson, 2017). What if, to help us close this gap, we thought of practitioners and policy makers as...

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Designing platforms to design ecosystems

Ecosystems form on top of platforms. Ecosystem design starts with platform design.  By designing the platform and guiding interactions on the platform, ecosystem builders can encourage the formation of...

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Slowly Understanding the Impact of Globalization

In 1984, I joined a boutique consulting firm, an offshoot of BCG. We had two major clients: GE and Volvo. For GE, we assisted the appliance division and their small motor business understand how to...

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Developing a University’s Two Ecosystems

Universities can develop two distinct, overlapping ecosystems: one targets at start-ups; the second focuses on innovative companies. To date, most universities concentrate on the first, less so on the...

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