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Research Institutions and High Tech Success. Presented by Ed Fritzky. September 29, 2000. Milken Institute Tech-Poles.

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Research institutions and high tech success

Research Institutions

and High Tech Success

Presented by Ed Fritzky

September 29, 2000


Research institutions and high tech success

Milken Institute Tech-Poles

TECH POLES COMPOSITE INDEX1. San Jose, CA 23.69 2. Dallas, TX 7.06 3. Los Angeles-Long Beach, CA 6.914. Boston, MA 6.315. Seattle-Bellevue-Everett, WA 5.196. Washington, DC-MD-VA-WV 5.087. Albuquerque, NM 4.988. Chicago, Il 3.759. New York, NY 3.6710. Atlanta, GA 3.46


Research institutions and high tech success

Change in High-Tech Services Location Quotient

1. Seattle-Bellevue-Everett, WA 1.232. Denver, CO 0.993. Middlesex-Sommerset, NJ 0.984. Oakland, CA 0.895. Kansas City, MO-KS 0.846. Monroe, LA 0.757. Raleigh-Durham-Chapel Hill, NC 0.728. Provo-Orem, UT 0.709. Atlanta, GA 0.5510. Little Rock, AR 0.5511. Washington, DC-MD-VA-WV 0.5412. Flint, MI 0.53


Research institutions and high tech success

What Factors Attract and Sustain High-Tech Industries ?

Traditional Cost-of-Doing Business Measures •Tax Structure • Compensation Costs• Space Costs • Capital Costs• Business Climate

Specific to High-Tech•Proximity to Excellent Research Institutions• Educated Workforce• Access to Venture Capital • Climate of “Quality of Life” • Network of Suppliers • Technology Spillovers


Research institutions and high tech success

High-Tech Development Factors

+++Critical

++Very Important

+ Important


Research institutions and high tech success

Technology Alliance Agenda

Improving Education

Reputation Building

Fostering Innovation