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Ontario's Regional Economic Development and Innovation Newsletter

Issue #55                                                                        February 17, 2003

  Studies & Publications: Announcements | Editor's Pick | Innovation Policy | Regions & Clusters |
                                          Technology Policy | Statistics
Events
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  This newsletter is published by ONRIS at the Centre for International Studies, University of Toronto, and sponsored by the Ministry of Enterprise, Opportunity & Innovation. The views and ideas expressed in this newsletter do not necessarily reflect the views and policies of the Ontario Government.

Next issue: March 3, 2002

ANNOUNCEMENTS                                                                    [Table of Contents]


Toronto Centre for Technology to showcase region’s new technologies

A first of its kind in North America, the Toronto Centre for Technology has officially opened its doors with the goal of promoting Toronto’s globally competitive technology economy. The centre features an Innovation Lab and Incubator (supported by University of Toronto, Innovation Foundation’s Exceler@tor) which together provide a venue for members of the Toronto technology community to collaborate and cultivate sector growth. Eight to twelve new technologies will be showcased at the Centre every three months.

EDITOR'S PICK                                                                          [Table of Contents]


Between Invention and Innovation: An Analysis of Funding for Early-Stage Technology Development

L. Branscomb, P. Auerswald, Harvard University

This study looks at how funding for early-stage technology development is distributed across government and compares the magnitude of such funding with private sources. Also examined are the difficulties faced by firms seeking funding for early-stage, high-risk R&D projects. The authors find that most funding for technology development in the phase between invention and innovation comes from individual private-equity “angel” investors, corporations, and the federal government - not venture capitalists, the latter of which are considered inefficient at allocating risk capital to early stage technology. They also find that the conditions for success are strongly concentrated in a few geographical regions and industrial sectors indicating the importance in proximity and networks of supporting people and institutions.

INNOVATION & RELATED POLICY                                              [Table of Contents]


A New Economic Framework for the SME Innovator: Moving Ontario’s Information and Communications Technologies Industries Forward

Ontario ICT Industry Working Group

This presentation to Ontario’s Minister of Enterprise, Opportunity and Innovation lays out a series of recommendations on how to continue the fostering of Ontario’s ‘SME Innovators’ in the IT industry. These include: more tax relief for capital gains to support a risk oriented investment culture; skills support; and federal/provincial collaborative- and cluster-oriented initiatives.

Innovative State Policy Options to Promote Rural Economic Development

NGA Center for Best Practices

Here is a briefing summarizing the various U.S. state-led strategies to increase prosperity in non-metropolitan regions. The strategies concentrate on developing new economic drivers for rural regions that build on a region’s strengths, the most promising of which are: adapting to cluster-based principles, promoting entrepreneurship outside the agricultural sector, and reinvigorating the agricultural sector through diversification and value-added agriculture practices.

REGIONAL INNOVATION & CLUSTERS                                     [Table of Contents]


A Comparison Between the Socio-Economic Performance of Canada’s Technology Triangle – the Waterloo Region and Ontario’s Census Metropolitan Areas

Paul Knafelc, Community Benchmarks

Here is a collection of socio-economic indicators benchmarking the Region of Waterloo with other major Ontario metropolitan cities. Included are statistics on demographics, regional GDP, employment growth, income, educational attainment and social assistance. These results are summarized in a separate paper, Economic Background Paper, written for the Prosperity Forum of February 4th, 2003.

Business Clusters in the UK - A First Assessment

P. Miller et al., Trends Business Research

Prepared for the Department of Trade and Industry, this is the first UK-wide systematic assessment of UK clusters. Covering 12 regions, the report provides a snapshot of existing clusters across the UK to inform the development of clusters policy. The report is based on employment data and supported by qualitative information, and contains a UK cluster map and analyses of each of region.

TECHNOLOGY POLICY                                                             [Table of Contents]


Fuel Cell Vehicles: Race to a New Automotive Future

Office of Technology Policy, U.S. Department of Commerce

This report identifies some of the many challenges – policy and technological – facing the widespread adoption of fuel cells in the automotive industry.  Of particular interest is the public policy dimension related to government participation and investment in research, and the shaping of goals and incentives to firms so that they make the necessary investments to bring the technology to market. Also of interest is the report’s survey of current fuel cell related policies in Canada, Western Europe and Japan, all countries/regions with major automotive manufacturing capacity including.

The U.S. Competitive Position in Advanced Automotive Technologies

M. Albert et al., CHI Research

Commissioned by the Office of Technology Policy in the U.S., this report assesses the competitive position of the United States in eleven advanced automotive technologies by way of patenting trends and citation indicators. The report finds that inventive activity in most of the technologies is growing at a rapid pace and that most patenting has been related to emissions control. Also, while the U.S. leads Japan in new combustion regimes inventive activity, Japanese patents in this category are far more highly cited than those of the United States and have much faster cycle times (innovation speed).

STATISTICS                                                                             [Table of Contents]


Development Report Card for the States

The Corporation for Enterprise Development, a non-profit organization promoting asset building and economic opportunity strategies, has released its latest Development Report Card on the US states. Some 28 indicators are listed for each of the 50 states in the following areas: employment, earnings and job quality, equity, quality of life, and resource efficiency.  Rankings are available by state or by indicator, and the website even allows users to customize data retrieval.  This year’s top 3 states are Colorado, Connecticut, and Massachusetts.

EVENTS                                                                                     [Table of Contents]


Tech~Expo: The Discovery Marketplace

Toronto, 26 February 2003

This event brings together promising advanced research from university, community college and government laboratories, businesses looking for commercialization opportunities, and advisors. The focus will be on information technology, software, microelectronics and communications. The one-day program features short, information packed presentations, networking, partnering and technology transfer opportunities that can drive product and manufacturing innovation.

Knowledge And Economic And Social Change: New Challenges To Innovation Studies

Manchester, 7-9 April, 2003

The purpose of this conference is to bring together the innovation studies community to focus on the current developments in the global economy, in technologies, and in political systems that are continuing to pose new challenges to analysis. Topics include: the increasing importance of the role of knowledge in the operation of the global economy; and the qualitative change in the conditions under which knowledge is exploited to create wealth, to improve the quality of life, and to move towards a sustainable ecosystem, economy and society. The conference is organized by Advances in the Economic and Social Analysis of Technology and the Institute of Innovation Research.

The Knowledge-based Economy: New Challenges in Methodology, Theory and Policy

Augsburg, Germany 9-12 April 2003

This 3rd European Meeting of Applied Evolutionary Economics focuses on the most important aspects of knowledge-based economies within the framework of evolutionary economics. Conference themes include: knowledge and learning; dynamics of technological and qualitative change; industrial organization in a knowledge-based economy; evolution of institutions financial markets in knowledge-based economies; and policy in a knowledge-based economy. Deadline for submission of extended abstracts: October 18, 2002.

Evaluation of Government Funded R&D Activities

Vienna, 15-16 May, 2003

The aim of this conference is to discuss recent scientific contributions to the understanding of the effects and implications of government funded R&D activities. It will focus on recent theoretical, qualitative and quantitative studies and the exploration of different approaches to evaluate their effects. An applied workshop with policy makers will be organized on “What we know and what we should know about evaluation of technology policy” at the end of the conference. Deadline for submission of abstracts: February 2003, 15th.

Innovation through Collaboration: Clusters, Networks, Alliances

Manchester, 8-11 June, 2003

This conference aims to address the issues associated with collaboration in the context of recent research which suggests that as many as 50-70% of strategic alliances will fail within four years due to a vast array of cultural, political, technological and commercial factors. It will provide a forum for academics, business people and consultants to discuss these issues in depth by presenting the latest academic papers, delivering company presentations on the subject and running interactive workshops. Selected proceedings will be published in a special edition of The Journal of Enterprising Culture.  The conference is organized by the International Society for Professional Innovation Management.

Creating, Sharing And Transferring Knowledge: The role of Geography, Institutions, Organizations

Copenhagen, 12-14 June, 2002

The conference has four main objectives: to contribute to a more satisfactory understanding of the mechanisms underlying the way in which knowledge is created, shared and transferred; to examine the promoting or inhibiting effect of particular circumstances of organizational context, institutional setting or geographical configuration, such as cities and agglomerations or clusters; to investigate arrangements particularly capable of enhancing, capturing and utilizing end consumer knowledge; and to consider the implications for managerial strategy and public policy. Both senior and junior scholars are invited to participate and contribute with a paper to the conference.

Communities and technologies (C&T 2003)

Amsterdam or Bonn, 19-21 September, 2003

This international conference is a forum for stimulating and disseminating research into all facets of communities and information technology. Attendees represent multidisciplinary research efforts from applied computer science and social science. The 2003 conference will focus on presentations and discussion of empirical and conceptual research on a wide range of topics including (Virtual) Community formation and development; Virtual communities vs. location-based communities; Digital cities, and Design methods for communityware. The deadline for submission of full research papers is March 14, 2003.

What Do We Know About Innovation? A Conference in Honour of Keith Pavitt

Brighton, 13-15 November, 2003

This conference is in recognition of the lifetime contribution of Professor Keith Pavitt to the study of innovation. Keith's work was based on a deep empirical understanding of innovation and firm behaviour, and he placed particular emphasis on the development of new data, methods, and taxonomies. His contributions spanned economics, management and science and technology policy. The conference is organized around the major themes of his work, including the structure, dynamics and management of innovation processes, the relationship between basic research and technical change, knowledge and the theory of the firm, the globalization of R&D, and science and technology policy.

WILL YOU BE ONE OF OUR REGIONAL REPORTERS?               [Table of Contents]


Yes, you! In an effort to improve our coverage of Ontario's regional economies in this newsletter, we are looking for a few people who are 'plugged in' to the latest local economic development and innovation happenings in their regions. All we ask is that you send us a short message once a month highlighting recent news and research initiatives from your region - please forward items that you would like to share with newsletter recipients, as well as other items of interest, to: onris.progris@utoronto.ca.

SUBSCRIPTIONS & COMMENTS                                               [Table of Contents]


Please forward this newsletter to anyone you think will find it of value. We look forward to collaborating with you on this initiative. If you would like to comment on the content, subscribe or unsubscribe, please contact us as onris.progris@utoronto.ca.
 
This newsletter is prepared by Tijs Creutzberg.
Project manager is David A. Wolfe.