SCR 10: Proclaiming 2018 to be the Alaska Year of Innovation.

00 SENATE CONCURRENT RESOLUTION NO. 10 01 Proclaiming 2018 to be the Alaska Year of Innovation. 02 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 WHEREAS growing Alaska's economy is imperative to improving the lives of 04 Alaskans; and 05 WHEREAS ingenuity and innovation support a dynamic economy and can help 06 diversify Alaska's economic base; and 07 WHEREAS innovation is a new product or process that creates value and drives 08 growth; while innovation is not limited to technology, innovative technology has transformed 09 industries like health care, transportation, and education; and 10 WHEREAS entrepreneurship is key to commercializing innovations, researchers have 11 found a link between technological innovation and economic development, and cutting-edge 12 technology lies at the heart of economic leadership; and 13 WHEREAS entrepreneurs entering the state's market spurs economic growth, and 14 diversifying Alaska's economy through innovation can help address Alaska's fiscal 15 challenges; and 16 WHEREAS Alaskans are innovators by necessity, with pioneers, builders, scientists,

01 fishermen, soldiers, loggers, engineers, teachers, miners, law enforcement personnel, oil field 02 workers, and artists responding to the state's harsh climate and remoteness with forward- 03 thinking solutions; and 04 WHEREAS the National Bureau of Economic Research reports that nearly all new 05 job creation annually comes from startups; without new businesses, job creation in the United 06 States would have been negative over the last 30 years, with firms in their first year 07 responsible for creating an average of 3,000,000 jobs a year; and 08 WHEREAS data-driven innovation is a key pillar of 21st century growth, through 09 significantly enhanced productivity, economic competitiveness, and social well-being; and 10 WHEREAS innovation must be culturally and publicly encouraged, and Alaska 11 should pursue policies that foster creativity and new ideas that create an environment where 12 entrepreneurs can thrive and thereby improve and strengthen the economy of the state; and 13 WHEREAS the Juneau Economic Development Council hosts an annual innovation 14 summit that brings together innovators in the state who move Alaska forward by maintaining, 15 expanding, and creating jobs and economic opportunities; in addition, the innovation summit 16 provides a platform for inductees to the Alaska Innovators Hall of Fame to share exemplary 17 efforts to grow a culture of innovation in the state; and 18 WHEREAS 20 percent of innovations come from collaborations between multiple 19 institutions, half of which are public-private partnerships between private companies and 20 universities or government research labs; 21 BE IT RESOLVED that the Alaska State Legislature proclaims 2018 as the Alaska 22 Year of Innovation.