Policy Recommendation 1:
Boost the Region's Innovation Capacity

Objective 1.1:
Recognize and leverage industry strengths and firm legacies.
  1. Thoroughly examine unique specializations and niches as well as obstacles to growth
  2. Assess where economic development dollars are spent
  3. Realign current investments to support entrepreneurship and innovation

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Objective 1.2:
Establish a collaborative vision and plan for bolstering local commercialization and entrepreneurship.
  1. Area universities, research institutions, business alliances, and state and local political leaders must come together to articulate a unified vision and strategic plan aimed at taking the region's research capacity to the next level.
    1. Establish cooperative organizations, such as research consortia and entrepreneurial support networks
    2. Cultivate a local network of venture capitalists and angel investors
    3. Fund incubator facilities
    4. Develop programs to prepare workers for high-skilled jobs

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Objective 1.3:
Boost research capacity at KU Medical Center and UMKC.
  1. Adopt the recommendations of the Blue Ribbon Task Force which focus on building research capacity at the University of Kansas Medical Center
  2. Grow leadership at the University of Missouri-Kansas City to enhance life science research capacity

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Next Policy: Growth Patterns