2. Outcomes for Today
What we hope to accomplish
✓Think in new ways about the clusters
✓Understand the power of open innovation
✓Experience how to develop a strategy
3. The Big Picture Prosperity
How clusters -- innovating
networks -- can transform Productivity
a regional economy
Innovation
Clusters
Assets
6. Two tasks
1) Identifying clusters and 2) Activating clusters
Identification:
What are our assets and
how are they connected?
Activation:
What is our strategy and
what are our priority
collaborative investments?
7. Clusters can find opportunities quickly
Example: Milwaukee Water Council
12. A core team leads the cluster
The team commits to principles of open innovation
13. Core Team
Privately led with civic
support
Commitment to
collaborative innovation
(creating shared value)
Rules on information
sharing, confidentiality,
governance emerge
17. Build strategy portfolios
Five types of collaborative investment support a cluster
Workforce Development
Networks Commercialization
Networks
Supply Chain Networks
Research Labs
Marketing and
Incubators Branding
18. Clusters can reach a take-off
Five types of collaborative investment support a cluster
Level of
Cluster Effectiveness
and Inflection Point
Open Innovation
Horizon 4
Agile strategy practiced
Horizon 3
Strategy emerges
Horizon 2
2
Open networks form
Horizon 1
Conversation and mindsets shift 1
Time