intellectual property at universities. The current study, being led by Mary Good, concerns economic competition in the 21st century, including best practices in state and regional innovation initiatives.

STRENGTHENING EDUCATION, BUILDING A WORK FORCE

Further, she said, some of the work of the STEP Board had been consistent with major objectives of the University of Hawaii (UH). She said that the many programs of the university could be described under three major themes, and that these were relevant equally to community colleges, research universities, the business community, and the legislature. One was the Hawaii Graduation Initiative, which seeks to increase the “educational capital of the state.” While it was not the subject of the current meeting, she said, it was one of the university’s central objectives and the subject of an education summit.

She said that the second UH objective, “creating a 21st century workforce for a $1 billion research industry,” was on the agenda for the meeting. The third objective, she said, was directly related to innovation: “Project Renovate to Innovate,” a strategy to renew, rebuild, and advance the local infrastructure.

She then turned to the UH Innovation Council, which she had appointed the previous year for the purpose of delivering a full report on the state’s competitiveness. She emphasized that the committee’s report was being released that day and had not yet been widely read. “It is the best advice that a group of experts can give us,” she said, “and we will now present it, talk about it, and post it on the University of Hawaii Web site where it will be open for comments until Feb[ruary] 1.”1

She began by introducing the members of the committee who were seated near her on the stage:

•  Dr. Carl Bonham, executive director, University of Hawaii Economic Research Organization and associate professor of economics, UH at Manoa;

•  The Honorable Daniel Goldin, president and CEO, Intellisis Corporation; NASA administrator during three successive Presidential administrations;

•  Katharine Ku, director, Stanford University Office of Technology Transfer;

•  James Lally, partner emeritus, Kleiner Perkins Caulfield & Byers;

•  Dr. Brian Taylor, dean, UH at Manoa School of Ocean and Earth Science and Technology;

•  Barry Weinman, chair, University of Hawaii Foundation Board of Trustees, and managing director and co-founder of Allegis Capital, a venture capital firm;

__________

1A key objective of the Dr. Greenwood was to “continue to contribute positively to the workforce and the economy by appointing a presidential advisory council of experts to study the successes, challenges, and opportunities for a high-value economy in Hawaii. This council will advise on the steps the university should take to create a 21st-century capability for innovation and technology transfer to support a multi-billion dollar industry for Hawaii’s research spin-off and related services.”



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