Investor Presentaiton
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Public / Private Cooperation in Cluster Upgrading
Minnesota's Medical Device Cluster
Factor
(Input)
Conditions
Joint development of vocational-
technical college curricula with the
medical device industry
Minnesota Project Outreach exposes
businesses to resources available at
university and state government
agencies
Active medical technology licensing
through University of Minnesota
State-formed Greater Minnesota Corp.
to finance applied research, invest in
new products, and assist in technology
transfer
CAON New Zealand Presentation 08-04-01 CK
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Context for
Firm
Strategy
and Rivalry
Aggressive trade associations
(Medical Alley Association, High
Tech Council)
Effective global marketing of the
cluster and of Minnesota as the
"The Great State of Health"
Full-time "Health Care Industry
Specialist" in the department of
Trade and Economic Development
Related and
Supporting
Industries
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Demand
Conditions
State sanctioned
reimbursement policies
to enable easier adoption
and reimbursement for
innovative products
Copyright 2001 Professor Michael E. PorterView entire presentation