Texas Foundation for Innovative Community
ACCELERATING TEXAS INNOVATION, COMPETITIVENESS, AND JOBS GROWTH
The Texas Foundation for Innovative Communities (TFIC) is an independent, non-partisan organization focused on identifying, advancing, and deploying the world’s best practices and policies for strategic economic growth, focused on high-performance innovation ecosystems.
Economic growth is the most powerful tool for reducing poverty, reducing income inequality, and ensuring a future of shared prosperity.
Innovation is the primary currency of economic growth, and while the contributions of heroic entrepreneurs and pioneering companies are important, economically relevant innovation — on a regional scale — is mostly the product of robust and efficient innovation ecosystems.
Such ecosystems allow individuals and firms to multiply their productivity enormously due to the rich array of assets and relationships, supported by resources for facilitated navigation. Among industrialized nations, the ability of each region to swiftly create new ideas and transform those ideas into high growth companies is the key determinant of regional wealth creation.
TFIC identifies leading research into this phenomenon, contributes original research and methodologies, and produces demonstration projects to enhance the effectiveness of designed innovation ecosystems.
Texas Research Differentiation Report, 2021
Start Date: Jan 2021 — End Date: Jun 2021
CREC is working with the Austin Technology Incubator, Texas Foundation for Innovative Communities, The Academy of Medicine, Engineering & Science of Texas (TAMEST), and University of Texas at Austin to identify and document the state’s advantages in academic and applied research, including promising late-stage research relative to global innovation leaders. With this information, the project […]
Integrate Web-Based Portal for Aerospace and Defense Companies
Start Date: Nov 2018 — End Date: Oct 2019
CREC provided a web-based portal to access aerospace and defense company information for firms in the state’s supply chain. The database integrated an SQL-based company database with GIS-coded addresses. The data were provided to key stakeholders working with A&D manufacturing firms and included a dashboard and simple GIS mapping tool with interactive maps and data […]