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 “
Discovery
consists of 
seeing
what everybody has seenand
thinking
what nobodyhas
thought
.
”
KAUFFMAN Thoughtbook
 
2009
E x c E r p t f r o m
Fourth in an ongoing series, the
Kauffman Thoughtbook 2009 
captures what we arethinking, learning, and discovering about education, entrepreneurship, and advancinginnovation. This collection of more than forty essays is written by the talented KauffmanFoundation associates, partners, and experts who are pursuing the principles and visionset by our founder, Ewing Kauffman.REQUEST YOUR COMPLIMENTARY COPY AT
kauan.g
©2008 by the Ewing Marion Kauffman Foundation. All rights reserved.
 
134
aiding the Drivers o Econoic Growth
CaRloS m. GUTIeRReZ
U.S. Scrtry f Crc
In tody’s highly copetitive globl econoy, new tools re needed to prootethe innovtion nd entreprenership criticl to dynic growth nd job cretion.Governent’s role is to crete the environent or innovtors nd entreprenersto scceed. This incldes developing pro-growth policies. It lso incldesdeveloping the strtegic pblic-privte prtnerships tht proote the cretivitynd dvnces tht contribte to or society’s sety, helth, nd prosperity. Peoplere or ntion’s gretest sset nd, by cobining the best inds in ll sectors, wecn dvnce or econoy nd or qlity o lie.Innovtion nd entreprenership forish when or ntion is open to new peoplend ides nd engges with the world throgh coerce. u.S. intellectlproperty tody is worth ore thn $5 trillion. Intellectl property indstriescontribte soe 40 percent o u.S. econoic growth nd represent 18 illionwell-pid workers. It hs been estited tht intellectl property cconts orbot one-third o the vle o pblicly trded copnies.Obviosly, innovtion tters to or econoy. Innovtors nd the entreprenerswho develop nd rket new prodcts nd services hve n enoros ipcton or econoy nd or stndrds o living. We hve ore choices in therketplce nd ore ecient processes in or ctories nd oces.
Excerpt ro
Kauffman Thoughtbook 2009
. ©2008 by the Ewing mrion Kn ondtion. all rights reserved.
 
135
Bt how is innovtion esred?Two yers go, I sked econoists t the u.S. Deprtent o Coerce to nlyzeexisting sttisticl esres o innovtion. We discovered tht trditionl innovtionesreents, sch s the ont spent on reserch nd developent, the nbero new ptents, nd the nber o engineers, scientists, nd technicins crrentlyeployed, provide  sel, bt incoplete, innovtion pictre.Or econoy nd or society re notsttic, nd or esreents shold notbe either. To refect tody’s 21st centryeconoy, we need new benchrksor  ller nderstnding o theipct o innovtion, nd to help bothgovernent nd bsinesses identiy nd devise innovtion-prooting policiestht crete vle nd growth.We invited bsiness leders nd leding cdeics to prticipte on the advisoryCoittee on mesring Innovtion in the 21st Centry Econoy. Crl Schr,president nd chie exective ocer o the Ewing mrion Kn ondtion,greed to chir the new Coittee.In Jnry 2008, the Coittee delivered its report, which will serve s  bleprintor creting  new er in innovtion etrics. (To downlod the coittee’s llreport, visit
kauffman.org/innovation_measurement.)
- aiding the Drivers o Econoic Growth -
To relect tody’s 21stcentry econoy, we neednew benchrks or ller nderstnding o theipct o innovtion . . .
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