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Innovation

Prepared for CICEP by the Office of the University Economist, Arizona State University http://economist.asu.edu

Atkinson, Robert D. and S. Andes. “The 2008 State New Economy Index:Benchmarking Economic Transformation in the States” November 2008. Information Technology and Innovation Foundation and Kauffman: The Foundation of Entrepreneurship http://www.itif.org/files/2008_State_New_Economy_Index.pdf

Describes the “new economy,” presents a number of indicators by state, and offers economic development strategies for the new economy.

Baily, Martin N. and M. J. Slaughter. “Strengthening U.S. Competitiveness in the Global Economy” December 2008. Private Equity Council

Examines the critical issues facing the United States as it seeks to maintain and strengthen its global economic leadership. It includes a discussion of the slowdown in educational attainment and policy recommendations.

Block, Fred and M. Keller. “Building on Success: Reforming the U.S. Innovation System.” December 1, 2008. University of California, Davis http://www.greattransformations.org/21st-century-economics/building-on-success/Building%20on%20Success%2012-1-08.doc

Makes the case for strengthening the government’s capacity for innovation, including an urgent need for “stim-novation” policies that combine stimulus with strengthening the economy’s capacity for innovation.

Castro, Daniel and R. Atkinson.“’Stim-Novation’: Investing in Research to Spur Innovation and Boost Jobs” January 2009. The Information Technology & Innovation Foundation (ITIF) http://www.itif.org/files/2009-stim-novation.pdf

Overviews U.S. research and development, links investments in research to economic stimulus, and estimates the impact of investments in the research infrastructure.

Cook, Philip and O. Memedovic. “Strategies for Regional Innovation Systems: Learning, Transfer and Applications” 2003. United Nations Industrial Development Organization

Explains the concept of regional innovation systems, including such dimensions as education, knowledge transfer, linkage and communications. The authors offer useful cautions about the optimal mix of public and private infrastructure to support innovation.

“Making Place Matter: Tools and Insights for Universities Called to Regional Stewardship” January 2006. Alliance for Regional Stewardship, American Association of State Colleges and Universities, and National Center for Higher Education Management Systems. http://www.matr.net/article-19072.html

A collection of examples and an articulation of how universities have adopted an embeddedness agenda. The report identifies seven major forces in our economy that are changing expectations for universities: idea-driven economy, proximity edge, talent imperative, big regional sort, new definition of success, new focus on place-based assets, and search for regional stewards.

Reichert, Sybille. “The Rise of Knowledge Regions: Emerging Opportunities and Challenges for Universities” November 2006. European University Association

An analysis of the underlying ingredients in fostering knowledge economies with a definition of the role of universities. Case examples and focus is on Europe.

“The Science of Science Policy: A Federal Research Roadmap” November  2008. Report on the Science of Science Policy to the Subcommittee on Social, Behavioral, and Economic Sciences, Committee on Science, National Science and Technology Council, Office of Science and Technology Policy  http://ostp.gov/galleries/NSTC%20Reports/39924_PDF%20Proof.pdf

The science of science policy (SoSP) is an emerging field of interdisciplinary research, the goal of which is to provide a scientifically rigorous, quantitative basis from which policy makers and researchers can assess the impacts of the nation’s scientific and engineering enterprise, improve their understanding of its dynamics, and assess the likely outcomes. Research in SoSP could be utilized by the federal government, and the wider society in general, to make better R&D management decisions.

“21st Century Academic Research Enterprises: Linking Know-What to National Grand Challenges and Regional Economies” June 2008. Briefing Paper No. 4, New Economy Strategies LLC.

A white paper designed to articulate the value of knowledge economy development with emphasis on the role of the university. There is particular focus on metrics for measuring the competitive landscape, for measuring processes for improvement and for measuring outcomes.