Archive: Sep 2012

  1. Making Policy: The Heavy Lifting of Compromise & Collaboration

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    Image from Marquette La: http://www.flickr.com/photos/marquette/1812518264/sizes/z/in/photostream/

    Image from Marquette La: http://www.flickr.com/photos/marquette/1812518264/sizes/z/in/photostream/

    Policymaking at all levels of government takes coordination and collaboration. In an ideal political and policymaking environment, decisionmakers would adopt a systemic approach that tackles problems by creating a shared set of objectives. But as we all know, such an ideal is rarely achieved. While it would be great to unite under the banner of shared goals and collective outcomes, concessions and compromise are also key to making meaningful change. (more…)

  2. Redevelopment Redo

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    The State Legislature recently passed SB 1156, “a bill that would allow cities and counties to create Sustainable Communities Investment Authorities.” The bill now awaits the Governor’s signature at the end of the month. As we’ve noted, SB 1156 attempts to resuscitate elements of redevelopment after all of the state’s redevelopment agencies were shuttered last year. Hopes are high that Governor Brown will sign the new legislation. But is he likely to sign off on this redevelopment redo? (more…)

  3. The State of U.S. Transport

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    Transportation policy has gotten short shift on the national stage during this election cycle. For all the talk about the economy and jobs, it doesn’t seem like anyone is promoting sound national transportation policy as a means to help bolster the nation’s economy. (more…)

  4. Cluster Science

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    In terms of economic development, Los Angeles has a lot of elements working in its favor. So why isn’t L.A. doing as well as its counterparts when it comes to building new, viable industry clusters? The area’s emerging biomedical, technology, and clean technology sectors may provide some teachable moments for a region that’s still sorting out how to attract and retain business. (more…)

  5. Case Study #1: Biomedical Sector

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    Los Angeles’ biomedical sector ranks fourth nationally, behind Boston, New York, and the Bay Area. It would seem that the region could do better, given its assets.

    L.A. boasts more than $2 billion in annual research funding thanks to Caltech, USC, and UCLA. Each of those institutions, in turn, has spawned viable biomedical startups, with USC alone raising more than $800 million in investment capital. The region also has an established network of wealthy investors, angel networks, and venture capital firms. The city’s large manufacturing base, local government’s support of advancing biomed in the region, and incubators like the Pasadena Bioscience Collaborative are also big plusses. (more…)

  6. Case Study #2: Clean Technology Sector

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    Like the biomedical sector, L.A.’s clean technology sector has great potential. The region is already home to the largest green economy in the nation [PDF]. Working with the umbrella organization Cleantech Los Angeles (CTLA), the Los Angeles Cleantech Incubator (LACI) is looking to harness the region’s assets. Cleantech LA is positioned to be a coordinator of funders, investors, entrepreneurs, business, researchers, educational institutions, and local government. As we described last month, Cleantech LA is poised to take on the role of a backbone organization to propel collective impact. (more…)

  7. Case Study #3: Technology Sector

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    The traditional technology sector, like the clean tech and biomedical sectors, is also poised for growth in Los Angeles. A recent Forbes article declared that Los Angeles is set to become the next Silicon Valley. There’s been much talk about Silicon Beach as of late. And L.A.’s penchant for attracting entrepreneurs, venture capital dollars, and software engineering students has some industry watchers excited about the possibilities. (more…)

  8. Cluster Science: New Approaches

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    startx

    So what can Los Angeles do to better nurture emerging industry sectors? Entrepreneur and investor Richard Hull offers some solutions that may be applicable. First, he suggests that LA appoint a “performance director” that would be responsible for coordination, communication, and making timely connections to accelerate the startup process. This would connect startups to “local incubators, experienced local entrepreneurs, investors and other local business startup resources.” (more…)

  9. The Hollywood Freeway Park is One Step Closer to Reality

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    The Friends of the Hollywood Central Park organization is one step closer to making a 44-acre park atop the Hollywood Freeway a reality. A $1.2 million gift from the Aileen Getty Foundation is providing the gap financing need to fund the project’s Environmental Impact Report (EIR). Earlier this year, the organization secured $825,000 in funding from the City, leaving a funding gap of $1.2 million to complete the $2 million EIR.  The foundation elected to provide the gap funding, with Aileen Getty noting that the “Hollywood Central Park is about building community and celebrating our commonality in a natural environment.” (more…)

  10. Manufacturing Day

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    October 5th is Manufacturing Day, so grab your safety goggles and head to the nearest manufacturing open house in your area. The program is co-produced by a number of industry groups and is “designed to expand knowledge about and improve general public perception of manufacturing careers.” As part of the program, manufacturers nationwide are throwing open their doors and inviting the public to tour their facilities and learn more about what these businesses do. (more…)