1. Building on Innovation:
Competing in the 21st Century

2. Sweeping Away the Old Rules
• Globalization
• Technology
• Demographics

3. Infrastructure: Ports

4. Employment Changes 1990 -2011
Manufacturing Professional and Business Services Education and Health Services
U.S. Metro 1990 2010 % Change 1990 2010 % Change 1990 2010 % Change
RESEARCH TRI. 76.9 62.1 -19% 62.4 121.4 95% 51.6 118.5 130%
SAN DIEGO 123.4 90.7 -26% 124.1 198.8 60% 84.1 147.4 75%
PHILADELPHIA 246.9 130.1 -47% 213.6 286 34% 278.3 434.5 56%
WASHINGTON 50.8 35.2 -31% 289.8 557.8 92% 152.7 280.6 84%
BALTIMORE 128.5 59.5 -54% 123.1 191.4 55% 145.8 244.6 68%
SAN FRAN 170.5 113.4 -33% 275.7 339.8 23% 173.7 235.5 36%
PITTSBURGH 130.6 85.5 -35% 126.6 155.6 23% 160.2 239.8 50%
NEW YORK 867.0 367.6 -58% 957.4 1529.9 60% 1008.1 1257.4 25%
DENVER 84.8 59 -30% 129.5 202.6 56% 72 143.9 100%
NEW ORLEANS 46.9 31.2 -33% 52.6 68.6 30% 58.7 76.8 31%
USA 17695 11743 -34% 10848 16991 57% 10984 19838 81%
Source: Bureau of Labor Statistics, Occupational Employment Statistics (OES);

5. Education and Health Services:
Rebuilding after Katrina
All Employees, In Thousands
Source: Bureau of Labor Statistics, Occupational Employment Statistics (OES);

6. The Trend Setters
•Seniors from 65-75 will be the fastest growing
group this decade
•Will grow from 28 to 42 million – a 50% growth
by 2020.
•Children of the 60s, have
redefined every age they
entered
•When will they retire? For
most, not for years

7. Gen Y
• Late teens to early 30s - 83 million
• The largest generation in US history
• At the prime household formation age

8. Building a 21st Century City
• Well Managed
• Vibrant
• Educated
• “Raw Materials”
• Entrepreneurial
• Capital availability

9. Denver: Bond Issue
• In 2004, Fastrak Referendum
• $2 Billion Bond Approval
• 119 miles of light rail
• 7 Counties & 32 Municipalities

10. Vibrant:
Parks, Culture & Design
Millennium Park, Chicago

11. Weathering the Economic Storm
Source: The College Advantage, Georgetown University Center on Education and the Workforce

12. Education:
Changes in Educational Attainment, 1990-2010
% HS Grad % Bachelors % Grad Degree
U.S. Metro 1990 2010 1990 2010 1990 2010
Research Triangle 82% 88% 20% 26% 12% 18%
Philadelphia 76% 87% 14% 19% 8% 13%
San Diego 82% 85% 16% 22% 9% 13%
Boston 81% 91% 17% 24% 11% 18%
Seattle 88% 91% 21% 24% 9% 13%
New York 75% 84% 15% 21% 11% 14%
Baltimore 75% 88% 14% 20% 9% 15%
San Francisco 82% 87% 22% 27% 13% 17%
Pittsburgh 77% 91% 12% 17% 7% 11%
Denver 86% 89% 20% 25% 9% 13%
New Orleans 78% 87% 14% 16% 8% 9%
U.S. Total 75% 85% 13% 18% 7% 10%
Source: American Community Survey, U.S. Census Bureau

13. Singapore and Jamaica, 1960-2011
Per Capita income
Singapore Jamaica
1960 $ 5,100 $5,200
2011 $ 43,000 $8,000

14. Raw Materials
TOTAL 2010 U.S. R&D INVESTMENT: $395,800,000,000
Source: Battelle, R&D Magazine

15. Raw Materials
Annual R&D Spending by Country
Source: Battelle, R&D Magazine, OECD, IMF, CIA

16. Raw Materials
• Scripps Research Institute (TSRI) biomedical research
facility, Florida: $310M Public Funds
• Louisiana State University Medical Center and Veterans
Administration complex, New Orleans: $2B in Federal and
State Funds
• Cleveland Clinic and the Lou
Ruvo Brain Center, Las Vegas:
$100M part of a larger
development plan known as
Symphony Park--a $2.8B
investment.

17. High-tech industry is a bright spot in an otherwise
gray economic picture
High-tech jobs have grown nearly four times faster than overall
economy during the past 18 months.

18. Entrepreneurial:
Research Triangle
It is now the largest
high-tech research
park in North America,
boasting 20 million sq.
ft. of developed space,
and home to 157
companies, employing
39,000 people. It is a
center of innovation.

19. UC, San Diego
Torrey Pines Mesa

20. Johns Hopkins
Forest City Science + Technology Park

21. Central Florida: “Medical City”
• Sanford-Burnham Research Institute biomedical
research facility, Florida: $310M Public Funds
• Since 2006, 5,000 jobs created
• University of Florida's Research and Academic Center
• Nemours Children's Hospital
• Orlando Veteran's Affairs Medical Center
• UCF College of Medicine

22. Pittsburgh

23. The Collaborative Innovation Center at
Carnegie Mellon
JOBS State of the Art facility adjacent
To be Created: 489 to Carnegie Mellon University that
will:
NEW PROPERTY TAXES
Collected During TIF: $239,000 ◦ Attract Private technology
Collected After Expiration: $598,000 firms to expand research
and education
SPURRED INVESTMENT collaborations
$55 Million
◦ Accelerate development of
new technologies
◦ Support growth of
region's technology
industry base

24. From Vacant Nabisco Building to Google
Offices

25. Ben Franklin Partnership
• At 25, Ben Franklin Technology Partners is one of the
nation’s longest-running technology-based economic
development programs.
• BFTP has provided both early-stage and established
companies with funding, business and technical
expertise and access to a network of innovative, expert
resources.
• Goal: To accelerate technology development and
commercialization in the state of Pennsylvania, and to
create high-paying, sustainable jobs for Pennsylvanians.
• Serve as catalysts for economic growth.
• Launched with high hopes in 1983, BFTP has a 3.5-to-1
return on investment that the organization has yielded
for every state dollar invested.

26. Venture Capital Availability:
International
Source: Dow Jones VentureSource, 2008; PriceWaterhouseCoopers,
National Venture Capital Association

27. Capital Availability:
Regional
Region By Millions % of Total
USA $ 17,222 100%
Silicon Valley $ 6,990 40%
New England $ 2,161 12%
NY Metro $ 1,413 8%
Southeast $ 986 6%
LA/Orange County $ 943 5%
San Diego $ 903 5%
Midwest $ 740 4%
Northwest $ 705 4%
Texas $ 645 4%
Dc/Metroplex $ 546 3%
Philadelphia Metro $ 424 2%
Other US $ 1,235 7%
Source: Dow Jones VentureSource, 2008;
PriceWaterhouseCoopers, National Venture Capital Association

28. Venture Capital & Universities
Venture Capital
Start-Ups Investment ($M)
2000 0 $ -
2001 3 $ -
2002 0 $ -
2003 1 $ 0.5
2004 0 $ -
2005 0 $ -
2006 2 $ 5.0
2007 3 $ 1.0
2008 5 $ 8.2
2009 1 $ 17.0
2010 1 $ -
TOTAL UNIVERSITY R&D:
• Louisiana State University Health Sciences Center:$59,473,000
• Tulane: $153,242,000

29. Principles of Success
1-2 December 2009

30. 1. Leadership
2. Strategy
3. Institutional
Capacity
Hong Kong

31. 4. Financing
Infrastructure
5. Education
6. Design
Excellence
Highline Park, New York City

32. Where Will the New Roads Lead…