Building the 21st Century U.S.-China Cooperation on Science, Technology, and Innovation (2011) / Chapter Skim
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PANEL II: INNOVATION CLUSTERS AND THE 21ST CENTURY UNIVERSITY
PANEL II: INNOVATION CLUSTERS AND THE 21ST CENTURY UNIVERSITY
Pages 65-86
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From page 65... ...
Forty percent of Chinese college students study math, science, and engineering. "That is a very impressive accomplishment," he said.
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From page 66... ...
The panel also includes a presentation by Ginger Lew of the Obama Administration on setting up university innovation clusters in the United States. "We are going to have a very rich discussion," he said.
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From page 67... ...
It should include scientific innovation, technological innovation, product innovation, industry innovation, system innovation, cultivation of innovative talent, and an innovative culture, Ms. Lou said.
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From page 68... ...
The program funds 1,108 Cheung Kong Scholars,2 2,452 Outstanding Innovation Teams, 3,776 scholars classified as New Century Excellent Talents, and 126 innovation bases. "These figures show we are enhancing the cultivation of innovative talents and have seen some positive results," she said.
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From page 69... ...
Chinese universities also house 26 national engineering laboratories and 110 National Engineering Research Centers. There are 76 national university science parks with connections to more than 110 universities, she said.
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From page 70... ...
As peacetime approached, President Franklin D Roosevelt wrote a letter to Vannevar Bush, a former engineering professor and entrepreneur who had played a major role in Washington mobilizing scientists, engineers, and industry for the war effort.4 President Roosevelt 3 The Morrill Act of 1862 (7 U.S.C.
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From page 71... ...
6 The Bayh Dole Act of 1980 (PL 96-517, Patent and Trademark Act Amendments of 1980) , or the University and Small Business Patent Procedures Act, (PL 96-517, Patent and Trademark Act Amendments of 1980)
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From page 72... ...
Some of the most important innovations that have come largely out of universities include computing, the laser, the fundamentals of global positioning systems, numerically controlled machines, the organization and deployment of the World Wide Web, concepts of financial engineering, the genetic revolution, and much of modern medicine. These were "big, earth-shaking changes and innovation, all of which had huge economic impact," he said.
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From page 73... ...
"They came about because groups of bright people around universities and industry came together," he said. "The idea of venture capital developed, and great success ensued." More recently, several planned and strategic innovation clusters have been created, Dr.
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From page 74... ...
Mote, Jr. University of Maryland, College Park The University of Maryland at College Park illustrates the role American universities play in economic development, said Dr.
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From page 75... ...
James Clark School of Engineering and the Maryland Technology Enterprises Institute, gives students scholarships to work on real-world, faculty-supervised engineering projects with companies. The university's Smith School of Business, meanwhile, offers a business plan competition called Cupid's Cup.
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From page 76... ...
And there is a business counseling program called Pitch Dingman, where the Dingman Center hosts a two-hour session where anyone can come, present ideas for new ventures, and receive feedback from experts who will then introduce them to angel investors if their ideas pass muster.
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From page 77... ...
The M Square Research Park, which is next to the university campus has received $5 million in state funding and $500 million in private investment, and will have about 2 million square feet of space and 6,000 jobs when built out. In terms of the national domain, the University of Maryland interacts with federal laboratories, such as those owned by the Department of Energy.
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From page 78... ...
"It shows what universities can do on an international scale to build enterprises." In 2002, the Chinese government and Maryland set up a joint research park near the campus. When the park opened, Chinese Minister of Science and Technology Wan Gang travelled to the campus to attend the ribbon-cutting ceremony.
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From page 79... ...
Leadership is everything." U.S. Initiatives for Building Innovation Clusters Ginger Lew National Economic Council The Obama Administration launched its regional innovation cluster initiative in the past year, explained Ms.
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From page 80... ...
regional clusters, Ms. Lew displayed a map of the country by Harvard Business School's Institute for Strategy and Competitiveness.9 The clusters on the map included oil and gas in Wichita, Kansas, entertainment in Los Angeles, and processed foods in Chicago.
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From page 81... ...
Programs the Obama Administration has launched over the past year to promote regional clusters include: • Energy Regional Innovation Clusters (ERIC) : Led by the DoE, federal agencies such as the Small Business Administration, the Department of Education, the National Science Foundation, and the Department of Labor are contributing funds and working with regional partners to develop innovation clusters in clean energy.12 • Competitive Grants: The U.S.
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From page 82... ...
The Department of Commerce in May said it will award $12 million in grants administered by the Economic Development Agency to six teams across the United States with "the most innovative ideas to drive technology commercialization and entrepreneurship. The NIST also will contribute funds.13 • 2011 Federal Budget: President Obama's budget for Fiscal Year 2011 includes more than $300 million in new funding for agencies such as the Department of Labor, the SBA, and the Economic Development Agency to assist regional innovation cluster initiatives.14 • America COMPETES Act: The most recent version of legislation to boost America's competitiveness in science and technology includes provisions for promoting regional innovation clusters.15 Ms.
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From page 83... ...
Lew observed. The Chinese government supports the university systems.
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From page 84... ...
Universities very actively support regional innovation clusters. "It is important to combine all participants in these regions," she said.
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From page 85... ...
In addition to the challenge grants Ginger Lew mentioned, there are U.S. inducement prizes such as those offered by the X Prize Foundation.16 "Google the X Prize Foundation and you'll find some really interesting ways of driving innovation that are new and goal-oriented," Dr.
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From page 86... ...
"We are very much bottom-up," he said. "We begin to run out of steam once we get to the regional level." Efforts by the departments of Energy and Commerce to facilitate innovation clusters are "a marvelously good, important step," Dr.
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