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

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Civil

Infra

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