BIO 2008 San Diego - Doing Business Globally presentation on industry clusters, trends

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At BIO 2008 in San Diego, the Editor of fDi magazine led 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 was 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

Speakers (bios below) - Courtney Fingar 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 - spoke about the new Invest in America initiative and Open Economies policy. He advises Secretary Gutierrez on matters of international trade, investment, and foreign affairs.

Links to past fDi issues distributed at BIO are provided below.

US and Global Business Clusters and Investment Trends Invest in America - US Department of Commerce initiative

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.

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.

Session moderator: fDi magazine Editor - Courtney Fingar Global business location strategies - "site selection" consulting

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

photo not available

Cushman & Wakefield
Global Consulting
Business Consulting Group

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.
US Government perspective - "Open Economies" and FDI policy European and other global business locations

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

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

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.

Additional details about the presentation

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

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.

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

April 2007 issue of fDi

April / May 2006 fDi

April / May 2005 fDi

April / May 2004 fDi

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Last modified: 12/20/10