2011 02 15 Forrest - regional competitiveness

2011 02 15 Forrest - regional competitiveness - Innovation,...

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Unformatted text preview: Innovation, Engagement and the Connected University Stephen R. Forrest Vice President for Research Trends in the Great Lakes Economy Manufacturing no longer economic driver Unemployment in MI among highest in US: ~12% US innovations resulting from knowledge based economy California, Washington, Massachusetts all leveraged university research & talent Without a strong manufacturing base, the middle class withers The Great Lakes states must act to keep pace Trends in the Great Lakes Economy Manufacturing no longer economic driver Unemployment in MI among highest in US: ~12% US innovations resulting from knowledge based economy California, Washington, Massachusetts all leveraged university research & talent Without a strong manufacturing base, the middle class withers The Great Lakes states must act to keep pace with macro-trends of the US economy The Great Lakes Region is not alone Industrial dominance of US hinges on health of industrial Midwest 2/3 of US population in center, not on coasts Michigan is a l leading indicator z of national trends Trends are permanent , not transitory We live in a global, not national economy People everywhere are skilled and motivated Every economic advantage is temporary The American Advantage: Ideas + Capital + Tolerance for Failure We must transform quickly to a knowledge economy - Traditional manufacturing will...
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2011 02 15 Forrest - regional competitiveness - Innovation,...

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