West Virginia Executive Summer 2016 | Page 70

Innovation on the Map West Virginia Regional Innovation Cluster In an innovation economy, several factors come together to drive economic growth: knowledge, technology, entrepreneurship, innovation and collaboration. TechConnect West Virginia, acting as a catalyst for driving innovation, cultivating entrepreneurship and creating greater prosperity and economic diversity across the state, has identified a strong foundation for success in the Mountain State. Beginning in the north in Morgantown, this foundation runs south along I-79 to Charleston and west along I-64 to Huntington as evidenced on the accompanying map. The assets in this region make it a prime location for innovation-based economic development to flourish. This map, which illustrates West Virginia’s innovation economy, includes the state’s colleges and universities, technology parks, research laboratories, private sector firms, federal anchor facilities, economic development organizations, entrepreneurial resource providers and sources of risk capital and investment. These entities are crucial to innovation-based growth and demonstrate cluster development. Anne Barth 68 west virginia executive