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CityClub: A Tale of Two Economies - April 6
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Seattle City Club explores finding the new normal as the economy continues to struggle. Find out more.
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Clean Tech Defense Symposium - April 26
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The Pacific Northwest Defense Coalition is hosting an event for leaders in the Clean Tech Industry to explore opportunities to partner with the Department of Defense to make local installations more sustainable. The Clean Technology Defense Symposium is April 26 at the Hotel Murano in Tacoma. Find out more.
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Winning at the Business of Clean Technology - May 1
Join the British American Business Council at Dorsey & Whitney's office in the Columbia Tower, Seattle for a transatlantic blend of speakers, highly experienced in Clean Technology innovation and investment on May 1 from 4- 7:30 pm. This event is co-presented by the Puget Sound Regional Council. Click here to register.
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New UW/WSU Aerospace Technology Center
With Governor Gregoire's signature on legislation creating a Joint Center for Aerospace Technology and Innovation today, five pieces of legislation that emerged from the Washington Aerospace Partnership's competitiveness study have become law. A joint effort between the University of Washington and Washington State University, the new center will pursue research, enhance student learning, and work with aerospace firms of all sizes to identify research. It's one more way Washington keeps its competitive edge. Next step: final approval of funding for the center.
State's New Aerospace Office is Up and Running
It has been an amazing few months for aerospace in Washington. Now there's a new state office, another outcome of the Washington Aerospace Competitiveness study spearheaded by the Aerospace Partnership last year. The study recommended the creation of the position to coordinate statewide efforts to promote aerospace in Washington. Alex Pietsch, the first director of the office, is now on the job. Governor Gregoire says Alex "understands the aerospace industry, and is deeply committed to making our state as competitive as can be." Alex will have offices at the state capital and at the Puget Sound Regional Council in Seattle, where he'll be working hand in hand with the Prosperity Partnership's aerospace efforts and lead the Washington Aerospace Partnership. Read more about the new office and Alex here.
For more information, contact Alex Pietsch at Alex.Pietsch@gov.wa.gov.
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Regional Economic Strategy Highlight - Entrepreneurship & Innovation
One way to measure the level of innovation in a region is to examine the level of utility patents that are issued to companies and organizations. Of the peers we measured, the Puget Sound region is second only to the Bay Area in terms of these patents issued between 2006-2010. Utility patents protect the function and abilities of an invention (think cotton gin), versus design patents which protect the ornamental design of a functional item (think the iconic Coke bottle design).
The Bay Area has more than twice the population (7.15 million) than the Puget Sound area (3.5 million) and produced more than three times the utility patents in the period from 2006-2010 (16,364 versus 4,660). Over that period of time, however, the volume of patents in the Bay Area increased by 26%, while the number of patents in the Puget Sound area increased by 79% - more than double the rate of any of the peers that we reviewed.
Locally, the bulk of the patents issued are from activities in King County. In 2010, 78% of the regions utility patents were from King County companies, while Kitsap County came in second with 13%.
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Public Works Prioritization Process
Application materials for the annual Public Works Prioritization process are due April 6, 2012. The process identifies the public works projects in the region that will have the greatest impact on job creation and support the implementation of the Regional Economic Strategy. Find out more.
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