Originally Presented at the ICAD Group Investor Council Meeting 2.11.11
“…The battle of devices has now become a war of ecosystems, where ecosystems include not only the hardware and software of the device, but developers, applications, ecommerce, advertising, search, social applications, location-based services, unified communications and many other things. Our competitors aren't taking our market share with devices; they are taking our market share with an entire ecosystem. This means we're going to have to decide how we either build, catalyze or join an ecosystem…”
1. Support the needs of existing interstate commerce companies in our area. 1. 2.
Maintain competitive cost environment Maintain ability to keep and attract top talent
2. Recruit new interstate commerce employers to the area 1. 2.
Sell competitive cost environment Sell ability to keep and attract top talent
3. Hope entrepreneurs start new interstate commerce companies 1. 2.
Hope someone else is helping them Hope they like it enough here to stay
Everything has changed What used to work is no longer sufficient to compete in a global economy Regions are being sorted out into winners and losers The common traits/ perception of the winners is a culture of: collaboration, entrepreneurship, innovation, education, risk taking, diversity, artistry and connected community.
THESE REGIONS EXHIBIT THE TRAITS OF HIGHLY FUNCTIONING ECOSYSTEMS (OR DENSE NETWORKS OF CONNECTION / VISION)
Some areas are recognized globally for their cultures of innovation
To some Iowa = Agriculture
Some think we are Idaho
At best, many think of UI Athletics
Mostly, people outside of our market (as well as within) do not hold a perception about our region
Strong economy with low unemployment One of the highest educational attainment levels Diverse mix of international people & industry Major research university Awesome weather (at least 20 days a year)
Writer’s Workshop / City of Literature Vibrant art and cultural scene Low cost of living Safe, engaging communities Metro and rural living options Midwestern values, civic pride, compassion Top tier community college We shouldn’t be a secret with all that we offer
End Goal: The region currently known as “The Corridor� becomes internationally recognized as a hub for innovation in education, entrepreneurship, economic development and artistic culture. A place where people want to live, companies succeed and from which globally relevant ideas spring.
An ecosystem of collaborative innovation
Buzzword of the day or only path to success?
The power of ideas, coupled with generosity of spirit serve to merge unique and disparate thoughts into profitable products and services. Click to view
A novel idea? - Hardly
1: Encouraging innovative ways for people to connect and engage 2: Leverage existing connections to foster meaningful relationships 3: Create physical spaces within the region which embody this new mindset where people can interact
America Requires Innovation > Innovation Requires Collaboration > Collaboration Requires Energy and Space. Our Challenge is to Create These.
Our need is to create a brand which speaks to our Quest to Catalyze a Culture of Innovation
(Note: Sherpa name has been voted out, new term for the connectors forthcoming)
http://iccreatives.us
Creative spaces for events and coworking aimed at increasing our effectiveness at assisting local companies, growing new firms and recruiting outside investment / companies
can start to
We can create a Dense Network Around this Culture of Innovation
Culture of Innovation Global Relevance Future focused
Region becomes internationally recognized as a hub for innovation in education, entrepreneurship, economic development and artistic culture. A place where people want to live, companies succeed and from which globally relevant ideas spring.
Credit: Sarah Miller Caldicott for Introducing this Dense Network Concept
Symbols
Word of Mouth
Truly realizing an ecosystem of collaborative innovation
Passionate Focus
Coworking
CBA Members IQ Council Early adopters (working title)
Events
Inspirational Leaders
Social Networks Existing Spheres of Influence Existing Media Network Access
Linkages between big / small companies Artistic / Creative Culture
Past / Future Tradition / Mindset Risk Averse Culture
Housing / Space Education
Comfort with Status Quo and past success
Community Development
Shared Goal of Global Relevancy
Sub - Fields
Community Pride / Vitality Institutions
To enhance the quality of our communities by serving the business development needs of interstate commerce companies
We will create, collaborate and lead regional economic development initiatives that contribute to the creation and growth of companies, wealth and quality jobs through a spirit of innovation and a culture of sharing that transforms knowledge into economic opportunity.