Looking North New England Canada Opportunities for Growth

Looking North: New England & Canada Opportunities for Growth “Innovation” Dr. George “Buzz” Kenney June 9 th, 2016

Innovation Latin: Innovatus “to renew or change” The creation and useful embodiment of better or more efficient products, processes, technologies, or ideas in the marketplace “When one door closes another door opens”, Alexander Graham Bell

World’s Largest Trading Partnership Cultural, Commercial & Economic Compatibility Collaborative Opportunity to Create the Future New England Canadian Resource Base?

Things You May Know About MIT Ø Alumni have founded >30 K companies Ø Employ 4. 6 M people Ø Generate annual revenue of 1. 9 T Ø Equivalent to GDP of 10 th largest economy MIT is arguably, New England’s Greatest Innovation Asset!

Things You May Not Know About MIT Ø Most important IP is launched via startups Ø 20% US students launch companies Ø 30% foreign students launch companies MIT Launched New Innovation Initiative in 2013 “Moving Ideas to Impact” Ø >10% of MIT grad students & post-docs (~500) are Canadian Ø 1, 800 Canadian students at Harvard

Kendall Square: Now and in 1969 Mass Challenge Finance Life Science Cluster Cambridge Incubation Center Energy Tech Big DATA! Genetics CRSPR-Cas 9 MIT

All Competitive Advantage is Temporary Ø Innovation is Borderless and Endless Ø Competition is Global Ø We have Entered an Age of Hyper-Innovation Driven by an accelerating knowledge base and a low-friction, global information infrastructure

The Knowledge Doubling Curve 12 Hrs 13 Mo’s 25 Yrs 100 Yrs

Moore’s Law

Convergence: Computing Capacity = Human Brain Hive Consciousness The Borg Collective

Sapience! Ø The Correlates of Sapience: Neural Signatures Accompany the Conscious State Corpus Callosum ü Sy. NAPSE: Defense Advances Research Projects Agency (DARPA) + IT industry = reconstructed hardware of human brain by 2019 ü DARPA: Development of a ‘Cortical Modem’, a Direct Neural Interface Wired Directly into the Brain. Equivalent of an external corpus callosum (200 million axons) Ø Consciousness Reflects the Integration of Distributed Brain Functions and the Emergence of Subjective Awareness Ø The Human Brain is a Dual Core Processor Facilitated by the Corpus Callosum! Ø Sapient Networked Computers

You, Me, We or I? Ø Mindflix Replaces Netflix Ø Google Search Will Be Your Next Brain

Innovation as a Catalyst Ø Global Trade & Investment Strategies Ø The Canadian Consulate: ü The CENE: 300 C-Level Canadian Executives in NE ü Canadian Tech Accelerator ü 48 Hrs in the Hub ü Fast Runners

Thanks!