It takes up more room than the actual article itself. Want to introduce the subject of this next session which is this booklet here. Its called transform which is very beautiful and its about an initiative that we were privileged to fund called exploring innovation frontier. I want to give a shout out to promote the head of our engineering director at the time a few years ago when we made the decision to fund this. He has gone on to uc irvine where he is a vice chancellor for research. During this time there have been several workshops around the country and ill say a few words about that and then you will hear from two of the people that were greatly involved in those workshops more about this. Let me make now that ive kind of introduced the subject of basic research, leading to innovation and leading to engineering applications, let me make some formal remarks. I will just begin with the quote from our inspiration of the National Science foundation who believed that there must be a stream of new scientific knowledge to turn the wheels of private and Public Enterprise so that was a very smart person who could lift way forward. He was asked by president roosevelt, at the time just after the Second World War to write up a statement of why it was important to have scientists and engineers involved. They had been so successful in helping with the wartime effort and why it was so important for them to be involved in the peacetime effort. So at that time, as you heard of the quote, he is talking about the importance of private and Public Enterprise and how there needs to be a new stream of scientific knowledge constantly feeding into that. That really is the basis of the National Science foundation. Its continually looking to support new discoveries and new discoverers because its the people that make the discoveries and keeping that engine going is really the source of all innovation. We heard at some of the workshops around the country, and youll hear more about it from the next group about the importance of diversity and inclusion of discoverers and how that was vital to ensure that we had always a plethora of new advances, and that we were really tapping all the potential that the United States has. So flowing from that founding spirit, the funding has resulted in countless advances for u. S. Citizens and really worldwide from Doppler Radar to mri scans in the internet and nanotechnology, from google to barcodes and computer aided Design Systems to tissue engineering, i as i go about the country in the world, im always amazed by the number of people come up to me and say thank you, they gave me the first grant i ever had and now ive gone on to nih, National Support funds me for my Mission Oriented work, but that very first grant, we were the first grant to the originators of gene editing. The first grant for 3d printing. I think they would be pleased to see today that for the first time in this past couple months since we moved headquarters from Arlington Virginia to alexandria that we brought, that we had made a statue. Its hard to imagine that a person who has such a decisive impact on science and technology 70 years ago, that there are no statues of him around so we investigated and found in the basement of an out building of the smithsonian, there is one that stands about this tall and its bronze and it was made back in the 1940s with a number of other famous people. The smithsonian wouldnt give it to us so we 3d printer the. It looks just like the real thing. You have to come visit us. It was all painted browns and nicely toned and rubbed in the right places. So the neighbors back at this home, i think he would be, he wouldve had no idea what 3d printing was about, a think he would have been pleased to see how technology brought him back. Our consistent backing of highrisk research and our support of the initiative such as the Engineering Research centers where there are more than 30 around the country, the small Innovative Research program, the ichor innovation core program which is now all over the country and helps graduate students and even undergraduates become entrepreneurs very quickly, and our ten big ideas which is our signature vision for the future. They all signify our longstanding commitment to innovative breakthroughs that have been critical to the nations economy, health and to keeping us a global leader. The same ambition drove the creation of the council on competitiveness and its an indispensable foundation purposed to robust growth and face global challenges. I will be speaking later this afternoon at a forum on philanthropy and science and innovation, together with francis collins, and its being hosted by the science floor and to pay alliance. Im going to use the council on competitiveness as a great example of bringing public and private entities together successfully to drive innovation through discovery. So organizations like the council have consistently encouraged a National Climate in which science and engineering discoverers have adapted to new changes and continue to thrive, and centuries of progress have led us to the verge of new frontiers of discovery. But we still have a lot of challenges. We face all sorts of concerns at home and abroad, and of course we have the very big challenge of educating and inspiring future innovators. I think thats why a lot of people at the National Science foundation and at the council and in this room, thats one of our Major Concerns. How to include and inspire them so they can in turn inspire the world. Weve navigated a lot of Major Barriers in order to come this far. The question is how do we, as a nation, continued to explore the next frontier. Our history has shown that american discoveries and discoverers have consistently driven innovation. As the place where discoveries and discoverers began, thats our motto, we know that the same determination to discover is what will secure our future. To address this challenge, they have partnered with the council to come up with creative approaches in pursuit of transformative discoveries. That is why this is called transformed. Two years ago, at georgia tech, Deborah Smith joined me in announcing that the National Science foundation had awarded a grant to the council on competitiveness to launch the exploring innovation frontier and initiative. The eif i we call it was organized as a series of National Dialogues on how to drive u. S. Competitiveness in the decades ahead. So we had, at all of the venues, the dialogues around the country representatives from industry and academia and National Labs and research institutions, we had labor leaders, Key Opinion Leaders all gathered together. Let us through clearly the transformative models to meet global concerns. Dialogues touched on fostering environments conducive to discovery on ensuring diversity and inclusion in americas future talent base of events inventors and analyzing specific technologies to help drive innovation. I also had the opportunity to attend the opening dialogue in atlanta, as i mentioned, and the final event in st. Louis. I want to take a moment to think our host sites, university of california riverside, texas a m and Washington University in st. Louis. As well as the many people in those areas who work hard to make this a success. Being part of those dialogues is why some of us are very excited about this. Today the council is going to release this final report capturing insights and recommendations from the past two years of dialogue and im interested in hearing about the proposals that will keep our nation competitive in the generations to come. This upcoming session should have some enlightening insight for us all. I would like to end with a quote that is in this report that i found when perusing it. I just actually received the final report yesterday so its under the summary section it says as a major source of federal research and Development Funding in the science of innovation and participant in the ecosystem, the nsf brings an invaluable perspective on the current stateoftheart and models of innovation. Moreover, the nsf is the only federal agency unconstrained by a subject specific commission and thus is the natural partner for a topic as broad as innovation. I really hadnt thought of it that way before. That our strength, that we spend all areas of science and engineering and we do so because you never know where the next great discovery will come from. We need discovery in order to be at the root of innovation. It is nothing without all our discoverers. So, thank you to all who have been part of this dialogue. Thank you to coc, and now please help me welcome our group of speakers who will be talking about the specific dialogue and their outcomes. Thank you very much. [applause] to discuss insights and findings from the reports transform, ladies and gentlemen, please welcome the Council President and ceo, Deborah Smith, the provost and executive vice chancellor for Academic Affairs at Washington University in st. Louis, doctor holden, and the chancellor of university of california riverside, doctor kim wilcox. Thank you for your remarks and your leadership. We are really thrilled that you are leaving the nsf and all the things you do for our country in the world. Thank you so much. I think we will just jump right in to talk about some of the findings and excitement and energy that came out of the two dialogues that you both hosted. We will maybe start with you because youre fairly new university in the Famous University system and we were really focusing on the talented continuum and how to get more americans into the innovation journey for our country. Not only was everybody excited and thrilled about the new models youre creating, but i think we took those learning back into our own world and very much is reflected in our report. I would like you to start wherever you want, but tell us what really is unique about your university. We purposely went to uc riverside because you are new model and then kind of share with us some of the findings and where you think we should go from here. Thank you deborah. Thanks so much for making us a part of this. Let me do a little bit of context and purpose. If you, ive noticed in the clarion call, analytics is one of the top perceived technologies in advanced manufacturing. We do advanced predicaments in universities as well pretty want to predict a high schools likely success in college and you had to choose one data point, what would you choose . You wouldnt choose gpi or sat score or numbers of clubs in high school, you would choose the family zip code. The zip code is simply a proxy for family wealth. If your family is in the upper quintile of income in america you have a six times greater likelihood of graduating from college than someone of equal abilities in the bottom income. We cant afford to leave that much of america behind. If youre an africanamerican and you get into college, you only have a 40 chance of graduating from college. For riverside, the lesson is about a lot of programmatic changes in things we do, but the real story is deliberate now spread decades ago, our university was deliberate about recruiting students from across all sectors and helping them graduate, supporting them in ways that make a difference. The impacts are starting to gro grow. We are starting to see that deliberateness and lots of places. Theres an American Talent Initiative that is 80 universities across country that have the express purpose of helping students from low income families graduate. The doctor and i are part of the university alliance, 11 universities that been together three years ago with the express purpose of increasing the numbers of graduates from college from lowerincome families. Weve increased the number of graduates in our 11 universities by 25 in three years. Those are stories about deliberateness, but were not done yet. A place like this, the council is so crucial to combining the efforts of the academic world and the private worlds, and i have a challenger, a challenge for our corporate partners, if you go on the websites of most of the major fortune 500 companies and identify their Key University partners, you will generally see the same list of schools, the ones we think of as the elite universities in america and the elite universities are trying to catch the elite corporations, you dont see is carolina, you dont see unc greensboro. You dont see Cleveland State. You dont see universities that really are embracing the diversity of America Today. So for you to change the leadership of the nation and the foregoing to really include all of america in innovation economy, we have to find ways collectively to be deliberate. So my key lesson from riverside is deliberateness. Thank you. Would you also share with us what was the magic, what was the strategy that you all developed and deployed at riverside to get women and a huge number of the hispanic population moving through college and into graduate school. We saw that. Everybody was blown away by it. I talk about two key pieces. There are lots of them but two key pieces. One is the notion that you can make a Big University small. You cant make a Small University big. By that i mean weve taken our university and created small living and learning communities for groups of students that really support them and you feel connected, for families who send their students to college and no one in the family has been to college before. There is a lot of my goodness, but in a small group you can find of find your way through it. The other piece of talk about, riverside, in much of america we talk about leveling the Playing Field and that usually means sticking a program in a corner, riverside did it completely in a holistic way. We built the field in a way that all parts, the faculty, staff, student body, everybody is embedded and motivated by the same set of values and so, its ubiquitous. Each of our pieces fixed together in a way thats whole, but that again is deliberate. Turning to st. Louis, the council had a very exciting activity with Washington University in st. Louis, soon after our National Innovation initiative was concluded in 2004, and there were many challenges in the city and the region around entrepreneurship and start up and building the ecosystem, but now st. Louis has been named the startup capital. Youve got a Tremendous Energy and momentum and result in driving this entrepreneurial culture that depends on great universities. So, please share a little bit about that journey because again, the entrepreneurship path with washington you and st. Louis really set us very much ahead in understanding your new models and whats going on in your region. Think so much for letting us host the event. It was an honor to have you and the doctor. Really it was a chance to bring together a lot of people to celebrate some of the things that weve done. First i just like to second everything kim said about access to Higher Education. Its critically important and i commend you. You have a chart that i wish everybody could see that will help with this reddic rhetoric that shows how much better people are if they go to college. I think the council on competitiveness for helping us get that message out and doing all the things the chancellor was just talking about. As far st. Louis in the ecosystem, we are very proud city with a magnificent history and a Washington University is compelled to be an important part of that. I think a lot of the things that have happened long before i got st. Louis, a lot of people in the city came together to create it core Tech Innovation district which is where we had our meeting which is really, long to have a lot of different startups and other kinds of parts of the economy and bring back the city that everyone wanted to focus on and is strategically located. That something that came about because 15 years ago some people who really cared about the city sat down and said lets get this plan and figure out how to engage the universities and lets start things. When i came along, we were looking to make this a better partner in all this, universities are called on by the council on competitiveness and lots of other places to promote innovation economy to get our discoveries out into the marketplace. We have been doing a little bit of that at washington you, not nearly as well as we should, and some of the things that we do, one is to make sure that our policies for doing all this are as smooth as we can make them, we can do a lot on that, but it also has been said many times today that it comes down to the people. One of the things ive tried to do is to attract a team of people to work with that have been in the academic world and in the business world. These two worlds speak very different languages. If you are trying to bring people together, of course you need everything that they just said about basic research, but as i tell my colleagues who think theyve invented a billiondollar drug, i have to remind them its not a billiondollar drug until youve sold it for a billion dollars. Most of my academic colleagues have no idea how to sell billiondollar drugs to big pharmacy. Bringing people who can bridge that is in incredibly important. Note that jenna matter how good your policies are or how excited you are about your region, you will have hiccups and the only way to get through is to have people who