Our Strategic Goals
The Innovation Institute at the Massachusetts Technology Collaborative is motivated by three key strategic goals:
- Enhance institutional and industry competitiveness throughout the Commonwealth;
- Promote conditions that enable growth throughout the Massachusetts innovation economy; and
- Provide accurate and reliable information, data, and analysis to stakeholders in the Massachusetts innovation economy that promotes understanding and informs policy at the federal, state, and local levels.
We take a strategic approach, working hand-in-hand with industry leaders, researchers, and policymakers. Our strategy is based on the industry cluster concept developed at Harvard Business School. Industry clusters can occur when companies share certain operating characteristics (employee skills, high concentration of research, etc.) that result in geographic co-location or clustering. Cluster development contributes to job growth and economic vitality in states and regions. By working to increase global competitiveness within key industry clusters, we identify opportunities to strengthen the state’s overall innovation ecosystem.
At the Innovation Institute at the Mass Tech Collaborative, our goal is to enhance innovation as an integral process of the Commonwealth’s economy. As an agent of the Commonwealth, the Innovation Institute serves as a broker, a convener and a catalyst. We work to strengthen and grow the institutions and industries that comprise the knowledge economy. We recognize that innovation is a forward-looking process, not a product.