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At BIO 2008 in San Diego, the Editor of fDi magazine will
lead an expert panel presentation of new research about biotech / life sciences
industry clusters and investment issues and trends in the "Doing Business
Globally" track. This presentation is free to BIO attendees. |
Title: US and Global Business Clusters and
Investment Trends
Track: Doing Business Globally
Session topics:
Summary Details
Date and Time: Wednesday, June 18 - 8:15 AM - 9:45 AM |
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Speakers (bios below) - Courtney Fingar,
Robert Hess, and Douglas Clark will present research about industry clusters
and recent investment trends in the USA and worldwide. Special
guest speaker: Sean Reilly, US Department of Commerce -
Senior Policy Advisor to Secretary of Commerce Carlos Gutierrez - will also speak
about the new Invest in America initiative and Open Economies policy.
He advises Secretary Gutierrez on matters of international trade,
investment, and foreign affairs. This should interest international
executives at BIO who are considering US expansion and may have questions
about the CFIUS review process (particularly for M&A deals) or other federal
government considerations. It should also interest US executives
with foreign operations or expansion interests, including issues such as
intellectual property protection risks and market access. |
BIO 2008 Attendees: please
email Bruce Donnelly
if you have suggestions for the fDi research presentation, or would
like to attend. We anticipate a large turnout for this session.
Bruce handles US advertising sales for fDi magazine, including sponsored
research projects about US business locations and professional services
related to capital investment projects.
See
additional details below. Copies of fDi magazine will be
available, along with the speaker presentations of research conclusions. fDi has been a BIO sponsor for
many years. Links to
past fDi issues distributed at BIO are provided below. |
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US and Global Business Clusters and
Investment Trends |
Invest in America - US Department of Commerce initiative |
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Where are companies in the biotech / life sciences /
bioscience industry investing in growth, and why?
How are industry clusters developing, and what critical
issues or benefits are driving these location decisions by the executives as
they choose where to invest? What are the US states and cities doing
to compete with other countries in this regard?
This session looks at the world of business location
alternatives from the perspective of C-level executives in the industry on
the basis of the latest market research by fDi magazine and by leading
consultants in global business location strategies. |
In the USA, unlike most other countries, states and cities
lead the competitive process to attract new business investment.
The US government has recently become actively engaged in
the process of encouraging foreign direct investment into the USA, as will
be explained by the Director of the Invest in America initiative during this
session. Background
information about Invest in America
This should be of special interest to international
attendees as well as US economic development professionals who may not yet
be familiar with the Invest in America initiative and the Open Economies
policy. |
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The presentations will reflect new research during spring
2008 about many of the locations which are most actively seeking - and
successfully attracting - new investment projects.
This will provide executives with an independent perspective
on the issues and range of choices they will face as they expand their own
companies in new locations. |
It is obvious from a quick glance around the BIO
exhibit hall that many locations around the world are competing to attract
investment by the growing companies in this industry.
This research will help to provide a global
perspective for BIO attendees and differentiate such locations. |
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Session moderator: fDi magazine
Editor - Courtney Fingar |
Global business location strategies - "site selection"
consulting |
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Courtney Fingar, Editor
fDi - Foreign Direct Investment
Financial Times - FT Business
Number One
Southwark Bridge
London, England
SE1 9HL United Kingdom
TEL +44 (0)207 775 6365
From USA dial as
TEL 011 44 207 775 6365
courtney.fingar@ft.com
www.fdimagazine.com
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photo not available |
Cushman &
Wakefield
Global Consulting
Business Consulting Group
www.cushwake.com |
Courtney Fingar is editor of fDi magazine, the specialist inward
investment title of the Financial Times Group. Now just over five years old,
fDi has an audited circulation of 15,000 and a readership of 45,000 --
consisting mainly of senior-level executives for the world's top companies
as well as some SMEs, location consultants, governments, legal advisers,
property consultants and investment promotion agencies.
Ms Fingar joined the Financial Times Group in November 2004, having
previously served as editor of Trade & Forfaiting Review, a monthly magazine
produced by the Ark Group in London that focused on the niche industry of
trade, export and commodities finance.
Prior to relocating to the United Kingdom in 2001, she worked in Washington,
DC, first for the National Journal Group as a writer for an online
environmental news service and later for Trade Communications International
as a reporter and editor for Global Business magazine, a 90,000-circulaton
monthly that reported on international trade and investment for a US
executive audience.
Ms Fingar has a BA in journalism from the University of Alabama in the
United States and an MSc in International and European Politics, with a
special focus on political economy and trade issues, from the University of
Edinburgh in Scotland. |
Speaker details from Cushman & Wakefield are not yet
available, but it will be their specialist in location selection for biotech
industry projects worldwide. |
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US Government perspective - "Open Economies" and FDI
policy |
European and other global business locations |
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photo not yet available |
Sean M. Reilly
Senior Policy Advisor
US Department of
Commerce
Key contact:
Aaron Brickman
Director, Invest
in America
US Dept. of
Commerce
1401 Constitution
Ave. NW, 3668A
Washington DC
20230
www.InvestAmerica.gov |
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Douglas Clark
Director, Tenon
techlocate
Salisbury House,
6th Floor
31 Finsbury
Circus
London, England
EC2M 5SQ
TEL: +44 (0)20 8968 5668
From USA dial as
TEL: 011 44 208 968 5668
douglas.clark@tenongroup.com
www.techlocate.com |
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Sean M. Reilly currently serves as Senior Policy Advisor to
Secretary of Commerce Carlos Gutierrez. He advises Secretary Gutierrez on
matters of international trade, investment, and foreign affairs.
Prior to joining the Secretary's Policy Office, Reilly served
as chief of staff for Market Access and Compliance (MAC). MAC's objective is
to eliminate foreign barriers to trade and to obtain market access for
American firms and workers.
As chief of staff, Reilly served as a senior policy
advisor to Assistant Secretary for Market Access and Compliance David
Bohigian and oversaw several MAC priorities, including the Invest in America
initiative. He continues to chair the Iraq and Afghanistan Investment and
Reconstruction Task Forces.
Prior to his position in MAC, Reilly served in the Office
of the Secretary of Commerce as Deputy and Acting Executive Secretary. In
that capacity, he was charged with preparing the Secretary and Deputy
Secretary's daily briefing materials, as well as coordinating and
formulating the Department's response to official correspondence.
Before joining the Commerce Department, Reilly was an
attorney with the international law firm Shook, Hardy, and Bacon. Reilly
specialized in complex civil litigation in the firm's Washington and Miami
offices. Prior to entering private practice, he served in California, South
Korea, and Washington, D.C., as a Judge Advocate in the United States Air
Force.
Reilly received his J.D. from Notre Dame Law School.
During law school, he was managing editor of Notre Dame's Journal of Law,
Ethics, and Public Policy and studied in London with Notre Dame's Concannon
Programme in International Law. He received his B.S. in Business
Administration from the University of Richmond. |
Douglas has over 20 year's experience in helping companies
find the right location for their business. He started his career in urban
regeneration in the UK and has developed his experience and networks across
Europe and North America. He heads up Tenon
techlocate, a leading European management consultancy. He has assisted a
wide range of businesses from owner managed to major blue chip on their
location decisions.
He also works with many European and North American
locations providing them with strategy and marketing advice to help them
attract the best companies. He is a columnist in fDi magazine, a Financial
Times Business publication where he writes the View from Europe column. He
also writes a column in Property EU, the monthly European property magazine.
Tenon techlocate is the location advisory consultancy of the Tenon Group
PLC, a top ten firm of UK-based accountants and business advisors. It is a
consultancy that helps to bring together the marketplace of companies
looking to locate or expand in Europe or North America; the locations that
are looking to attract them; and the business advisors that assist the
corporate growth process. Techlocate has particular experience and expertise
in assisting the location decisions of technology companies.
Tenon techlocate produced Europe's Top 30 Biotech Locations report in 2000
and since then has been assisting the biotechnology industry to grow in and
out of Europe.
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Additional details about the
presentation |
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• This session presents timely research about where in the
world companies in the biosciences industry have been investing, and why.
• This research goes beyond the scope of past studies such
as the Battelle report on industry clusters. The focus is on helping top
executives to understand why businesses are going to such clusters, and how
this may affect their own future location decisions.
• Very timely new research will be presented |
What new information will be imparted by this topic?
• Recent market research about industry clusters and
investment trends, with location consultant analysis of the reasons behind
the trends
• Actionable insights about global business locations for
companies which may be planning to expand
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What is the purpose/goal of this session?
• Put the global and North American growth of the biotech /
life sciences industry in perspective
• Overview of where companies have gone, and have been going
lately
• Analysis of the reasons behind these trends – based on
global research about announced projects as well as direct consulting
experience with such projects, and analysis of some of the most successful
clusters. |
What audience does this session target?
• Top executives and those responsible for corporate
development plans and international strategy.
• It may also interest economic development agencies which
like to stay informed about industry trends and benchmark their areas
against others.
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What take-home value will attendees have at the end?
• Market insights reflecting years of research work by top
professionals who advise corporate executives on where to grow their
companies.
• Very timely fDi research reports about specific industry
clusters worldwide |
Handouts for attendees at the session
• Copies of the research presentations at the session –
sharing unique data for fact-based market analysis rather than just
superficial commentary. Copies of fDi magazine will also be available.
• Sources of information to support global business location
decisions |