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New Jersey Innovation:Past, Present & Future
Dr. Donald H. SebastianPresident & CEO
NJ Institute Innovation Institutean NJIT CorporationNewark, NJ 07102
donald.sebastian@njii.com
New Jersey Industrial Growth: 1800-80
LOCOMOTIVE
RODGERSCOMPANY
New Jersey Industrial Growth: Regional Clusters
LOCOMOTIVE
RODGERSCOMPANY
HeavyMachinery
Apparel
Materials
Process
D. Sarnoff
M.Becton & F.Dickinson
Johnson Brothers
T. Edison
W. Carrier
A. Bell
J. Campbell L. Baekeland
G.W.Merck
J. Rockefeller
W. Colgate
E. Johnson
R. Chesebrough
E.R. SquibbG. Raupenstrauch
New Jersey Industrial Growth: STEM Entrepreneurs
New Jersey Industrial Growth: Enduring Corporations
New Jersey Industrial Growth: Peer Corporations
New Jersey Industrial Growth: Clusters Redefined
Telecom Pharmaceutical& Personal Care
Medical Technology
Electricity & Electronics
HeavyMachinery Recording &
Broadcast
AppliancesFood & Beverage Materials
Petrochemicals
Changing Model of Innovation1870-1920
Inventor/Entrepreneur1920 - 1990
Corporate R&D1990 – Today
Corporate VC, M&A
NJ Target Cluster StrategyAdvancedManufacturingFinancial
Services
Health Care
Life Sciences
Retail, Hospitality & Tourism
Transportation, Logistics & Distribution
Technology
Loss of Pasteur Quadrant embodied in large-scale corporate R&D creates a critical hole in the innovation ecosystem
Clusters can grow in other ways than disruptive technology - universities can play a leading role in convening sectors to promote growth.
NJ Ecosystem Public Sector Initiatives
Education-LearnManufacturing-Make
Science-Understand Innovation-Create
New Jersey Association ofState Colleges and Universities
Ideation
NJII Bridges Market Needs to Solutions
System Level: Products & Services
Technology Level: Integrated Platforms
Science Level: Concepts & Principles
AdoptionDem
onstration
Bio-
Tech
& P
harm
a Pr
oduc
tion
Civil
Infra
stru
ctur
eDe
fens
e & H
omel
and S
ecur
ityFi
nanc
ial S
ervic
esHe
alth
care
Del
ivery
Sys
tem
s
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