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President’s Budget Aims to Recharge Regional Innovation
Investing in innovation is a critical component of long-term economic prosperity, and the president’s FY2011 budget request includes two notable provisions that will support regional science and technology clusters.
The administration is asking for $75 million “to support the creation of regional innovation clusters that leverage regions’ competitive strengths to boost job creation and economic growth,” a goal Jonathan Sallet, Ed Paisley, and Justin Masterman championed in the Science Progress report, “The Geography of Innovation.” Part of the key to this approach is that is allows policymakers to pay close attention to regional strengths. As the report authors explain: “Geographic regions that are bound together by a network of shared advantages create virtuous cycles of innovation that succeed by emphasizing the key strengths of the local businesses, universities and other research and development institutions, and non-profit organizations.”
As well, the Department of Energy budget includes substantial investments in research and development to spur clean energy innovation. That includes $107 million for three existing and one proposed Energy Innovation Hub. The Hubs, as the full DOE request says, “establish larger, highly integrated teams working to solve priority technology challenges that span work from basic research to engineering development to commercialization readiness.” These hubs, write the “Geography of Innovation” authors, are forward-thinking centers that will “spur the development of the innovation clusters that will help solve our national energy challenges, create jobs, and promote widespread economic growth.”
Comments on this article
Seems to me that economic growth means that which is created and brought to market that has not existed before, a positive change created by innovators not afraid to make waves and wakes, as cited in Save Pebble Droppers & Prosperity on Amazon.com and claysamerica.com
February 2nd, 2010 at 2:06 pmThis is a much needed strategy to support innovation regardless of state borders. Establishing a regional focus is needed to ensure that America is strong in science and technology, entrepreneurship, etc. Innovation has no boundaries!
February 3rd, 2010 at 11:05 amGeographically located “Hubs” for new cluster developments is interesting. However this theory is but advancing a “compound” master plan that essentiallly promotes the not to be shaken “apartheid” status quo future of another old baseline urban regional planning strategy.
Wake up policy makers and economic wonks! You are forgeting that without a honest nationally driven VISION for a new technology transportation system to connect these “hubs” the author is spiralling down into an fatal abyss.
The technology is with us already! Just visit http://www.Et3.net and evalute the Science of new mobility.
February 3rd, 2010 at 8:05 pmWhat happened to the White House web page that had the excellent summary of the White House initiatives on regional clusters? If you click on ‘$75 million’ in the post above in 2nd paragraph you get a 404 error at the White House page. The link worked earlier today
February 4th, 2010 at 2:30 pmBrian–
February 5th, 2010 at 10:51 amLooks like the OSTP site has moved within the WhiteHouse.gov fold. I’ve fixed the links to the documents, which are available here: http://www.whitehouse.gov/administration/eop/ostp/rdbudgets/2011