Building Knowledge-Based Societies Creative innovation & cultural changes

1. Building Knowledge-Based SocietiesCreative innovation & cultural changes PSTP, 2013 • Discovery Serving Humanity • Disseminating Knowledge • Creating partnerships -- with diverse, world-class partners

2. President Obama - January 2011 “The first step in winning the future is encouraging American innovation.”

3. Waves of Innovation: Faster and Faster 3

4. THERE ARE MORE OF US WE LIVE LONGER WE CONSUME MORE ENERGY WE CONSUME MORE RESOURCES

5. Innovation Excellence in Perpetuity Very high bar! - Universities are collaborative communities Top-ranked School of Law (4 IOM members, ex-chief counsel at FDA) Engineering School – 10 Depts, 1st Business minor in U.S. UVa Research Park 562 acres 3,000,000 sq. ft. Morven programs #1-ranked Commerce School Top-ranked Business School & Batten Inst. for Entrepreneurial Leadership Historic College of Arts&Sciences, linking to many cross-school programs Medicine Comprehensive Medical Center

6. Realities connecting universities to economic development • Old models of economic development no longer sufficient • Huge growth in R&D outsourcing by industry • > ½ of US economic growth from innovation industries that barely existed a decade ago (The Economist, April 2001) • ¾ of new jobs are found in entrepreneurial companies fueled by innovation – many from universities “America’s research universities have become the engine of the nation’s prosperity. They are the key to the fate of the global economy in the 21st century.” - Jonathan Cole, The Economist, 2010

7. Developing Talent to Drive Global Innovation • Diversity of thought breeds better ideas. • Emphasize it! Realize what we don’t know. • - Share ideas freely – it builds stronger teams • - Associative thinking across fields accelerates • new designs • - Take time to talk and learn from diverse people

8. “No amount of savings and investment, no policy of macroeconomic fine-tuning, no set of tax and spending initiatives can generate sustained economic growth unless it is accompanied by the countless large and small discoveries that are required to create more value from a fixed set of natural resources.” - economist Paul Romer “There never was a great scientist who did not make bold guesses, and there never was a bold man whose guesses were not sometimes wild.” - J. Bronowski, in Science and Human Values

9. Traditional Thinking Can be Misleading … Innovation Matters Apple vs. Dell – Market Cap Over Time $ Billions • 1997: • Michael Dell: “If I ran Apple, I would shut it down and give the money back to shareholders.” • Steve Jobs returns to Apple as interim CEO $400 B iPad iPhone Apple Dell iPod iTunes $25 B

10. It’s difficult to “see the future”. No one has a perfect crystal ball! “There is practically no chance communication space satellites will be used to provide better telephone, telegraph, television or radio service inside the United States.” - T. Craven, FCC Commissioner, 1965

11. Virginia Introduces Statewide Innovation Partnership with U.S. Department of Commerce

16. reCOVER Breathe House: 1st Place Design Award Kay e Sante nan Ayiti Open Innovation International Competition General views of the Breathe House Faculty and Technical Advisors Team Anselmo Canfora (reCOVER Director) Richard Guerrant (UVA medical doctor of infectious diseases) Rebecca Dillingham (UVA medical doctor of infectious diseases) Ewan Smith (Arup structural engineer) Galen Staengl (mechanical engineer) Michael Stoneking (architect) Student Research and Design Team Aja Bulla-Richards (SARC MArch Graduate student) Sara Harper (SARC 4th year Undergraduate) Sally Lee (SARC 4th year Undergraduate) Nathan Parker (SARC 4th year Undergraduate) Lauren Thompson (SARC 4th year Undergraduate)

17. ESPRIT project: Bio-Inspired Off-shore (BIOS) Wind System • Morphing blades transformative in aerodynamic and centrifugal tailoring; • Blade segmentation transformative with respect to manufacturing, stowability, transport, repair and cost • ESPRIT project • theory and design efforts underway • patent disclosure filed • build and test subscale system Fall 2012 ConventionalMorphing turbine with segmented blades • Goal: Reduce system size, • weight, and cost • by 25%

18. Big Data is the focus of a major new institute for large scale, complex data analysis. The unusual synergies present at UVa, including ethics, law, commerce and business, humanities, social sciences, education, biomedical research and health care, the sciences, and engineeringwill enable the institute to develop, facilitate, and coordinate differentiating education, research, and services in Big Data.

19. Research Philosophy:Explore, Discover, Invent “Every child is an artist. The problem is how to remain an artist once one grows up.” Pablo Picasso

20. Why does Innovation matter? • Innovation penetrates all areas of work • Artists fill the blank canvas – through innovation • Poets fill the blank page – through innovation • Physicists discover – through innovation • Knowledge-based economies will provide for freedom, peace, and societal health Singapore Washington, D.C. Silicon Valley

21. Compression of time is the greatest value.

22. Change in Culture … An important aspect of innovation - Jefferson and the “U.S. metric system”

23. Why is true innovation so hard to recognize? • A revolution makes life permanently different – people have trouble imagining change • Innovation is invisible, until it bursts into view!

24. CHANGE March 20, 2009  - 6 miles off of Tonga.

25. Is PSTP ready to lead discovery now? “The flying machine which will really fly might be evolved by the combined and continuous efforts of mathematicians and mechanicians in from one million to ten million years.”- The New York Times, October 9, 1903 “We started assembly today.” - Orville Wright's Diary, October 9, 1903