Next Steps And Action Issues For Innovation Economics – Free Teleconference, 7/23

2008-07-23 12:00:00

http://www.cfi-institute.org/Roundtable/RT_Register.html

Contact: Dan Loague [email protected]

Next Steps and Action Issues for Innovation Economics

Free Teleconference – Wednesday, July 23, 2008

Register Now!

Innovation Economics Teleconference Program 3

Join the discussion on how to strengthen local and regional efforts to create, increase and sustain:

* new higher value jobs

* upward occupational mobility

* personal and business wealth

* new successful entrepreneurial ventures

* new competitive products, ventures and markets

* new investment growth opportunities

Issues and Speakers:

Jon Gregory

Issue 1: Effective Tools

"Supporting innovation-based entrepreneurs requires a very different set of tools than assisting micro-enterprises, regional small businesses or large global corporate entities. Golden Capital has worked with over 1,000 of these companies over the past decade — along with hundreds of investors — and knows the "secret sauce" for local and regional success."

— Jon Gregory, Golden Capital Network, Chico, CA
Randall Goldsmith Issue 2: Professional Standards

"Innovation led economic development is an evolving concept getting traction and gaining momentum in the national discourse for sustainable growth. One of our challenges among practicing professionals is institutionalizing a common understanding of the ideas, terms, approaches, and tools being used to drive ILED."

— Dr. Randy Goldsmith, Mississippi Technology Alliance, Ridgeland MS

Tom Vass Issue 3: Private Sector Leadership

"Business leaders need better market mechanisms to create new ventures and stimulate business opportunities in the regional economy. Today the private capital markets are woefully inadequate to do the job at the regional level."

— Thomas Vass, Private Capital Markets, Morrisville NC

Chris Gibbons

Issue 4:

Self-Sustaining Community Growth

“With the crushing pressures of global commoditization forcing companies out of the US and into third world companies to compete on price, communities have only one economic option left: innovation. Economic Gardening is a battle tested economic development strategy for growing your own companies based on an innovation strategy.”

— Chris Gibbons, Littleton Business/ Industry Affairs, Littleton, CO

Rachel Duran Issue 5: Training and Certification

"The opportunities to embrace the emerging model of innovation economics in economic development practices are many, including through continued education sessions. The Internet is a perfect mechanism to deliver this training."

— Rachel Duran, Business Xpansion Journal, Lawrence, KS
Montie Roland

Issue 6: Community Innovation

"Individual entrepreneurs, corporate spin-offs and start-ups have a great deal of difficulty getting past the initial stages of product development. Local consultants, designers and engineers are willing to take small risks, but even a simple product can require a large investment of time and money to develop."

— Montie Roland, Montie Design, Morrisville, NC

Ed Morrison

Issue 7: Alliances and Networks

"Wealth creation in the innovation economy is dominated by “network capitalism”, where flexible, adaptive, and connected companies integrate new knowledge with products and services. Through “strategic doing” and civic collaboration, communities can move proactively to participate in the innovation economy and build local and regional wealth."

— Ed Morrison, Institute for Open Economics, Cleveland OH

Issue 8: SME Wealth and Exit Strategies

“To succeed in the innovation economy, SMEs should optimize the value of their companies, enhancing strengths, mitigating weaknesses and leveraging their relative position within the industry value chain. To do this requires the effective combining of time, external resources, an understanding of M&A market dynamics, and, most of all, the owner’s willingness to moderate secondary business and personal goals in favor of the prime objective.”

— John Colwell, Mentor Capital Partners, Baltimore MD

Richard Meyer

Issue 9: Start-Up Financing

"The ‘valley of death’ is a deep and wide gulf of money supply and demand in the marketplace for young and unproven enterprises. It is more than a gap, actually closer in dimension to a “grand canyon” of need vs. availability (or lack thereof) of investment capital for entrepreneurs. Filling this gap is critical to advancing the innovation economy"

— Dr. Richard T. Meyer, Orion Technical Associates, Albuquerque, NM

OTHER ISSUES:

* Regional Capital Resources

* Entrepreneurial Culture

Register Now!

http://www.cfi-institute.org/Roundtable/RT_Register.html

Get your dial-in number and passcode to join the discussion!

Innovation Economics – Teleconference Program 3

Date: WEDNESDAY, July 23, 2008

Times:

9:00 am Hawaii

10:00 am Alaska

11:00 am Pacific

12:00 pm Mountain

1:00 pm Central

2:00 pm Eastern

Agenda:

* Introduction

* Speaker issues (2 minute summary per speaker)

* Open microphone – participant issues

* Q & A Session (45 minutes)

* Wrap up and next steps

Who should participate:

Economic development professionals, technology innovation experts and community leaders who are actively promoting and building their local and regional innovation economy.

The discussion continues …

Register Now http://www.cfi-institute.org/Roundtable/RT_Register.html and then get up-to-date!

LISTEN: Introduction to Innovation Economics http://www.cfi-institute.org/Roundtable/questions_IE.html

READ: The New Reality of Innovation Economics, then take the SURVEY and make you r COMMENTS.

Go to CFI Roundtables! http://www.cfi-institute.org/Roundtable/

Dan Loague

Executive Director, Capital Formation Institute

[email protected]