CSSCR 10(L&C): Proclaiming 2018 to be the Year of Innovation in Alaska.

00 CS FOR SENATE CONCURRENT RESOLUTION NO. 10(L&C) 01 Proclaiming 2018 to be the Year of Innovation in Alaska. 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 spur 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 Native peoples, pioneers,

01 explorers, miners, fishermen, builders, soldiers, scientists, loggers, engineers, teachers, law 02 enforcement personnel, oil field workers, entrepreneurs, students, artists, and all hard-working 03 Alaskans responding to the state's geography and climate with forward-thinking solutions; 04 and 05 WHEREAS the National Bureau of Economic Research reports that nearly all new 06 job creation annually comes from startups; without new businesses, job creation in the United 07 States would have been negative over the last 30 years, with firms in their first year 08 responsible for creating an average of 3,000,000 jobs a year; and 09 WHEREAS data-driven innovation is a key pillar of 21st century growth, through 10 significantly enhanced productivity, economic competitiveness, and social well-being; and 11 WHEREAS innovation must be culturally and publicly encouraged, and Alaska 12 should pursue policies that foster creativity and new ideas that create an environment where 13 entrepreneurs can thrive and thereby improve and strengthen the economy of the state; and 14 WHEREAS best practices for innovation incorporate principles that speed up 15 economic development and reduce the risks of traditional business planning approaches; and 16 WHEREAS a Year of Innovation "pipeline" has been established through 17 collaboration between regional and statewide economic development organizations, 18 universities, investors, business support professionals, and entrepreneurs across the state, 19 through the use of collaborative work spaces, and through aligning events, such as the Arctic 20 Innovation Competition, the Innovation Summit, Alaska Startup Week, and the Launch: 21 Alaska accelerator program; and 22 WHEREAS collaborative efforts, such as Innovate Alaska 2.0, can diversify the 23 state's economic base by creating an entrepreneurial and innovation ecosystem, by 24 empowering import and export businesses, and by engaging the next generation of Alaska 25 entrepreneurs, ensuring that Alaskans' great ideas have a clear pathway to market success; and 26 WHEREAS university research contributes to the development of intellectual 27 property, interdisciplinary entrepreneurial programming and education, and effective 28 technology transfer and is a vital component of an effective innovation ecosystem; and 29 WHEREAS a strong innovation ecosystem depends on the sponsorship and 30 promotion of innovations by existing companies as well as the development of new industries 31 by new strategic ventures; and

01 WHEREAS the Juneau Economic Development Council hosts an annual innovation 02 summit that brings together innovators in the state who move Alaska forward by maintaining, 03 expanding, and creating jobs and economic opportunities; in addition, the innovation summit 04 provides a platform for inductees to the Alaska Innovators Hall of Fame to share exemplary 05 efforts to grow a culture of innovation in the state; and 06 WHEREAS 20 percent of innovations come from collaborations between multiple 07 institutions, half of which are public-private partnerships between private companies and 08 universities or government research labs; 09 BE IT RESOLVED that the Alaska State Legislature proclaims 2018 as the Year of 10 Innovation in Alaska.