Building Knowledge-Based Societies

Creative innovation & cultural changes

• Discovery Serving Humanity

• Disseminating Knowledge

• Creating partnerships -- with diverse, world-class partners

PSTPPSTP, , 2013 2013

President Obama - January 2011

“The first step in winning

the future is encouraging

American innovation.”

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Waves of Innovation: Faster and FasterWaves of Innovation: Faster and Faster

THERE ARE MORE OF USTHERE ARE MORE OF US WE LIVE LONGERWE LIVE LONGER

WE CONSUME MORE ENERGYWE CONSUME MORE ENERGY WE CONSUME MORE RESOURCESWE CONSUME MORE RESOURCES

Innovation Excellence in PerpetuityVery high bar! - Universities are collaborative communities

Medicine

Comprehensive Medical Center

Top-ranked Business School&Batten Inst. for Entrepreneurial Leadership

#1-ranked Commerce School

Historic College of Arts&Sciences, linking to many cross-school programs

Engineering School – 10 Depts, 1st Business minor in U.S.

Top-ranked School of Law (4 IOM members, ex-chief counsel at FDA)

UVa Research Park562 acres3,000,000 sq. ft.

Morven programs

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

• 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 acceleratesnew designs

- Take time to talk and learn from diverse people

Developing Talent to Drive Global Innovation

“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

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Apple vs. Dell – Market Cap Over Time$ Billions

Dell

Apple

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

iPod

iPhone

iPad

iTunes

Traditional Thinking Can be Misleading … Innovation Matters

$400 B

$25 B

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

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

Commerce

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)

Kay e Sante nan AyitiOpen Innovation International Competition

reCOVER Breathe House: 1st Place Design Award

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)

General views of the Breathe House

ESPRIT project: Bio-Inspired Off-shore (BIOS) Wind System

Conventional Morphing turbine with segmented blades

• 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

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Goal: Reduce system size, weight, and cost by 25%

The unusual synergies presentat UVa, includingethics, law, commerce and business, humanities, social sciences, education, biomedical research and health care, the sciences, and engineering will enable the institute to develop, facilitate, and coordinate differentiating education, research, and services in Big Data.

Big Data is the focus of a major new institute for large scale, complex data analysis.

“Every child is an artist. The problem is how to remain an artist once one grows up.”

Pablo Picasso

Research Philosophy: Explore, Discover, Invent

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

Compression of time is the greatest value.

An important aspect of innovation -

Jefferson and the “U.S. metric system”

Change in Culture …

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!

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

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