Building Hawaii's Innovation Economy Summary of a Symposium (2012) / Chapter Skim
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Presentation of the Hawaii Innovation Council Report
Presentation of the Hawaii Innovation Council Report
Pages 21-30
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From page 21... ...
So we have an opportunity to distinguish Hawaii in the way that East Coast universities distinguish themselves -- by being partners with the institutions, organizations, and businesses that will be signifi cant in the future." Dr. Greenwood began with a brief history of the STEP Board, which, she said, had influenced major policies in the United States over the years.
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From page 22... ...
. 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.
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From page 23... ...
Innovation is a national priority, which the President has said consistently. This must be accompanied by measures that promote competitive markets, spur entrepreneurism, and catalyze breakthroughs for national priorities." This thrust was not unlike that of the new administration of Governor Abercrombie, she said, as described in the campaign document "A New Day in Hawaii." A key point of this document is that support should go to the entre preneurial professor to facilitate innovation and technology transfer, as well as to support premiere education and research projects.
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From page 24... ...
For the next stage, of translating the results of research into useful products, there is some public funding available, but private funding is not available in significant amounts as 100% 100% Start up ventures Valley of Death -- Chasm pri vate public Basic Research Transl ational C ompanies R esearch licensing FIGURE 1 Current model of innovation and technology transfer.
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From page 25... ...
In addition, it would include several programs called "Come-in-and-come-home," which identify people who have an attachment to Hawaii and who have developed careers elsewhere. "We'd like them to come back," she said, "and develop their ideas here." Additional strategies would be to include the best practices in intellectual property development and to involve the University of Hawaii Foundation.
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From page 26... ...
Dr. Walshok, a member of the Innovation Council, said that in southern California, digital media artists, storytellers, illustrators, and others used the Web, contributing to "a huge industry peopled by small, entrepreneurial companies." These companies, in turn, found contracting opportunities with the military, the movie industry, corporate training offices, and others.
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From page 27... ...
I hear, ‘If we're going to transfer technology, let's not do anything that would risk our technology or our grants.' We have to overcome that, or I don't think we will be innovative and commercialize our intellectual property with success." Brian Taylor, of the University of Hawaii at Mānoa, said that the local mindset about success is shaped partly by traditional federal and other funding sources that expect success. The exception to that is the Defense Advanced Research Projects Agency (DARPA)
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From page 28... ...
There has to be engagement with real entrepreneurs, and my impression is that there are networks of entrepreneurs across the islands, and there are also very successful entrepreneurs from Hawaii all across the United States, especially in California. They need to be invited into the university, they need to co-create the curriculum and create the opportunities with the students, because they can connect the students to real money, real opportunities, and real markets.
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From page 29... ...
We can compete 4 Kamehameha Schools, founded in 1887, is supported by a trust created by Princess Bernice Pauahi Bishop, now valued at $6.2 billion. The school system, which supports K-12 and preschool education throughout the state, is the largest independent school system in the United States.
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From page 30... ...
30 BUILDING HAWAII'S INNOVATION ECONOMY anywhere in the world. But we don't have capital, and that makes it very difficult to build small or help them become national or global." Hank Wuh echoed Mr.
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