Power of Place 2.0 - Power of Innovation
10 Steps for Creating Jobs, Improving Technology Commercialization and Building Communities of Innovation.
The Association of University Research Parks (AURP) released The Power of Place 2.0: The Power of Innovation in 2010. The Power of Innovation, an update to The Power of Place: A National Strategy for Building America’s Communities of Innovation, outlines the role of the federal government can take to use research parks and other innovation assets to create jobs and remain a front runner in the global technology competition.
The Power of Place 2.0: The Power of Innovation (authored by Brian Darmody, Associate Vice President for Research and Economic Development at the University of Maryland) calls for specific legislative and policy reforms to:
- - Support research park infrastructure and the development of Communities of Innovation.
- - Improve university technology transfer by reforming the Office of Management and Budget’s federal grant contract funding model to encourage commercialization efforts by principal investigators and support “cash for commercialization.”
- - Support proof-of-concept funding.
- - Improve technology commercialization from federal laboratories by creating a Congressionally-chartered technology intermediary organization.
- - Connect federal researchers with private companies.
- - Create more private sector involvement near federal lab and regional research clusters.
- - Expand the corporate R&D tax credit.
- - Reform export controls.
- - Eliminate the link to university intellectual-property licensing in “private use” restrictions in university facilities.
- - Encourage entrepreneurship as national goal, and include entrepreneurship in STEM initiatives.
Read the Press Release.
Read the Power of Place 2.0: The Power of Innovation. (pdf format)
Reducing Barriers to Commercialization; Helping Universities Work with Industry; What Can Congress Do? Presentation Materials by Brian Darmody
The Power of Place: A National Strategy for Building America’s Communities of Innovation
Presented at the National Press Club
The Power of Place calls for the creation of American Innovation Zones, which will include universities, research parks, federal labs and technology incubators. These Zones will directly support the technology competitiveness of the United States.
America's university research parks, technology incubators, federal labs and adjacent federal land (enhanced-use leases) are key national innovation assets. Many nations around the world are building substantial research parks. However, in the United States, this has been principally a state and local government role. We feel it is vitally important for the federal government to leverage support for research parks and related innovation assets. American competitiveness requires the reform of the barriers that prevent the full optimization of our facilities.
A strategy to cluster research and incubator facilities (along with housing and amenities) in innovation zones is an important aspect of our future U.S. technological and ecological competitiveness.
View the National Press Club Slide Presentation (pdf format)
Hear Brian Darmody talk about The Power of Place on Federal News Radio
The Power of Place (pdf format)
The Power of Place: A National Strategy for Building America's Communities of Innovation calls for specific legislative and policy reforms to encourage:
- - Development into designated Communities of Innovation
- - Inflow of financial and facility capital into these zones
- - Cluster creation development
- - Support for private companies and academic research within these Innovation Zones
- The Power of Place Advisory Committee includes a diverse group of individuals representing American competitiveness organizations, technology-led economic development organizations, technology incubators, technology commercialization, federal labs, universities and other sectors. The Advisory Committee includes:
The National Academies
Dr. Charles W. Wessner, Director, Technology, Innovation, & Entrepreneurship National Research Council
National Business Incubation Association (NBIA)
Dinah Adkins, President & CEO
Council on Competitiveness
Deborah L. Wince-Smith, President
Samuel Leiken, Senior Director of Policy Studies
National Governor's Association
Dr. Ray Scheppach, Executive Director
Erin Lamos, State Technology Policy Analyst
Association of Defense Communities
Michael A. Houlemard, Board President
Executive Officer, Fort Ord Reuse Authority
Government-University-Industry Research Roundtable
Susan Sauer Sloan, Director
National Association of Seed and Venture Funds
Richard A. Bendis, Acting Chair
Bendis Investment Group LLC, President & CEO
National Center for Smart Growth Research & Education
Gerrit Knaap, Professor and Executive Director
State Science and Technology Institute (SSTI)
Dan Berglund, President & CEO
The University Financing Foundation (TUFF)
Kevin Byrne, Chief Investment Officer
National Council of Entrepreneurial Tech Transfer (NCET2)
Tony Stanco, Executive Director
The Power of Place informs the incoming Presidential Administration and Congressional delegations of the importance of the built environment for innovation and will call for legislative initiatives. Brian Darmody, Associate Vice President for Research and Economic Development of the University of Maryland, is spearheading The Power of Place initiative.