The Era of Continuous Innovation - University Innovation Ecosystems
January 7, 2021 | Article
Strategies for creation, growth, and discovery draw on ecosystems and leverage partnerships to advance innovation capacity.
Build a collaborative culture and foster relationships in both the public and private sectors.
Leverage P3 development models to facilitate collaboration and research. Develop Innovation Geographies to attract stakeholder engagement.
P3s are partnerships with private entities that can take many forms, but generally involve a partner that will share the risk of a project, including financing, operations, design and maintenance or some combination thereof.
PPPs have grown in popularity over recent years, based on a variety of circumstances including lack of traditional funding, maintenance backlogs, federal and state tax incentives, and increased investor interest based on preferred returns.
P3s can be applied across many industries with various design considerations that leverage a partnership between public and private entities that typically use tax incentives to enhance returns. Incentive and risk-transfer contribute to financial feasibility and inspire developer innovation when they have assumed financial risk or are otherwise subject to performance penalties.
We provide in-depth knowledge of building optimal development feasibility models to evaluate partnerships and other strategies for funding capital projects. Our pro forma models are designed for flexibility and utilize proprietary cash flow models and industry-standard software such as Argus Estate Master. We provide an example here of some of the detailed reporting that will be managed throughout the project lifecycle.
Advance innovation capacity through strategic partnerships and synergy identification. Design and launch a solver ecosystem for partnerships and technology commercialization to address ongoing areas of interest using Salesforce as a CRM.
The Innovation Ecosystem is designed to engage a targeted subset of stakeholders to progenerate unique technology solutions and inspire innovative solutions. Using segmented marketing campaigns - stakeholders may be grouped in “segments” within Salesforce for targeted communications and lead management. Segments may be defined based on common funding models, user engagement, behavior/interests, geography, acquisition expediency, and other shared interests.
47% of new product and process innovations occur through external partnerships
The Anne T. and Robert M. Bass Initiative on Innovation and Placemaking, "Assessing your innovation district: A how-to guide"
January 7, 2021 | Article
Strategies for creation, growth, and discovery draw on ecosystems and leverage partnerships to advance innovation capacity.
December 7, 2020 | Article
Tax subsidies for eligible projects can attract investor interest and improve financial feasibility.