Globalization & the Impact Globalization & the Impact of a STEAM Driven of a STEAM Driven Education SystemEducation System

PwC’s Cleantech RevolutionPwC’s Cleantech Revolution28 November 201228 November 2012

G. Nagesh RaoG. Nagesh Rao

PROFESSIONAL PROFESSIONAL BACKGROUNDBACKGROUND

Starbucks “Coffee Jockey” (’01-’03)Starbucks “Coffee Jockey” (’01-’03)

RPI Office of Technology RPI Office of Technology Commercialization (’02-’04)Commercialization (’02-’04)

Mirzayan S&T Fellow at The National Mirzayan S&T Fellow at The National Academies (‘04)Academies (‘04)

US Department of Commerce-US Department of Commerce-USPTO/CLDP/EDA (’04-’11)USPTO/CLDP/EDA (’04-’11)

Startup AmericaStartup AmericaNACIENACIEi6 Green Challengei6 Green ChallengeHumanitarian IP ProgramHumanitarian IP Program

CTLA, LACI, & FLoW (‘11-’12)CTLA, LACI, & FLoW (‘11-’12)

Stiefel Family Foundation (Present)Stiefel Family Foundation (Present)

Professional PT-Student

Science

Law Business

What is STEAM & Why What is STEAM & Why is Important?is Important?

ScienceScience

TechnologyTechnology

EngineeringEngineering

ArtsArts

MathematicsMathematics

Addressing The Addressing The ChallengesChallenges

Homegrown vs. Imported TalentsHomegrown vs. Imported Talents

Encouraging a Higher Bar for STEAM EducationEncouraging a Higher Bar for STEAM Education

Making CleanTech attractive again vs Web 2.0/Social MediaMaking CleanTech attractive again vs Web 2.0/Social Media

Energy Independence & National SecurityEnergy Independence & National Security

Reducing Barriers to High Tech Growth DevelopmentReducing Barriers to High Tech Growth Development

NOT stigmatizing failure or slow comprehensionNOT stigmatizing failure or slow comprehension

Underlying Motivating Underlying Motivating FactorsFactors

LOVE

MONEY

PRIDE

Capital DevelopmentCapital DevelopmentHow do we Reduce β ?How do we Reduce β ?

FinancialFinancialNeed money, programs, and infrastructure to facilitate Need money, programs, and infrastructure to facilitate appropriate endeavors around STEAM.appropriate endeavors around STEAM.Public and Private DollarsPublic and Private Dollars

PoliticalPoliticalSTEAM needs to be a priority at the Local, State, and National STEAM needs to be a priority at the Local, State, and National Level. Level. ““The Quiet Crisis” (Dr. Shirley Ann Jackson)The Quiet Crisis” (Dr. Shirley Ann Jackson)

Human Human Basic Education (K-12)Basic Education (K-12)After-School ProgramsAfter-School ProgramsCommunity CollegesCommunity CollegesUniversity Level (BS, MS, and PhD)University Level (BS, MS, and PhD)

Making a STEAM Based Making a STEAM Based Education AttractiveEducation Attractive

More Bill Nye’s Mayim Bialik’s and Neil deGrasse More Bill Nye’s Mayim Bialik’s and Neil deGrasse Tyson’s in mainstream media. Tyson’s in mainstream media.

It Makes Economic It Makes Economic Sense! (1)Sense! (1)

It Makes Economic It Makes Economic Sense! (2)Sense! (2)

It Makes Economic It Makes Economic Sense! (3)Sense! (3)

FEDERAL GOVERNMENT’S FEDERAL GOVERNMENT’S PERSPECTIVEPERSPECTIVE

High Tech Growth Intra & Entre- preneurship High Tech Growth Intra & Entre- preneurship Priority of the Obama AdministrationPriority of the Obama AdministrationPublic/Private Models (Policy Push)Public/Private Models (Policy Push)Startup America (PR Umbrella Federal Interagency Push)Startup America (PR Umbrella Federal Interagency Push)Prize Incentivization Mechanism (Programmatic Prize Incentivization Mechanism (Programmatic Endeavors)Endeavors)

Challenge.govChallenge.govi6 Grant Programi6 Grant ProgramERICERICJobs & Accelerator ProgramJobs & Accelerator ProgramDOE National University Clean Energy Business Plan DOE National University Clean Energy Business Plan CompetitionCompetitionHumanitarian IPHumanitarian IPNSF I-CorpNSF I-Corp

Launch: EnergyLaunch: Energy

DOE National University DOE National University Clean Energy Business Clean Energy Business

Plan CompetitionPlan Competition

ConclusionConclusionSTEAM Education needs to be a priority if America STEAM Education needs to be a priority if America wishes to “Out-Innovate, Out-Educate, and Out-wishes to “Out-Innovate, Out-Educate, and Out-Build” the rest of the world.Build” the rest of the world.