Recognizing The Opportunities For Growth Based On Innovation, The State Of Hawaii Is Actively Seeking To Diversify Its Economy By Drawing On The University Of Hawaii System And Other Research And Educational Organizations As Engines Of Sustainable, Innovation-led Growth. To This End, The University Of Hawaii (uh) Under The Leadership Of Its New President, Dr. M.r.c. Greenwood, Convened An Innovation Council Made Up Of Nationally Recognized Experts To Develop Recommendations To Grow The State's Knowledge-based Economy. In Launching The Council's Report, The University Of Hawaii Partnered With The National Academies Board On Science, Technology, And Economic Policy To Convene A Major Conference In January 2011. This Conference Drew Together The State's Political, Academic, And Business Leadership, Along With Federal Officials And National Experts To Highlight Key Challenges And Opportunities Facing Hawaii And To Identify Key Steps Toward Meetings The Innovation Council's Objectives. Proceedings Day 1: Welcome -- Opening Remarks -- Presentation Of The Hawaii Innovation Council Report -- Session 1: The Global Challenge And The Opportunity For Hawaii -- The Innovation Imperative And Global Practices -- State And Regional Economic Context -- Focusing Federal Resources: The Obama Administration Innovation Initiatives -- Luncheon Address -- Session Ii: Leveraging Federal Programs And Investments For Hawaii -- The Manufacturing Extension Partnership: The Network Effect -- Dod Strategic Technology Capability Thrusts: Opportunities To Fuel Hawaii's Innovation Economy -- The Military And Higher Education -- Infrastructure For The 21st Century Economy: The Role Of The Economic Development Administration -- Session Iii: Small Business, Universities, And Regional Growth -- 40 Years Of Experience With Technology Licesning -- Universities And Economic Development: Lessions From The New University Of Akron -- Converting University Research Into Start-up Companies -- Improving Industr