UA in the State of the State '13

[MRSGDG]

http://www.scribd.com/doc/119659923/FINAL-2013-SOS

 

 

Troubling “Tech Transfer” Facts

1.New York universities rank second nationally in total research spending with nearly $4 billion spent annually (California ranks first with $6.5 billion), but only 4.6% of that total is sponsored by industry, ranking New York 22nd among states (North Carolina ranks first with 13.6%, the national average is 5.4%).5

2. New York attracts only 4% of the nation’s venture capital investment (California attracts 47%).6

3.New York’s colleges incubate fewer new companies, with 35 start-ups launched in 2007 (California schools had 58 and Massachusetts schools, 60).7

4.New York is home to relatively few fast-growing technology companies, with 11 of the companies on the Deloitte Technology Fast 500 List (as compared with California’s 169 and Massachusetts’ 46).

 

The most notable success story in commercializing research in New York State is probably the College of Nanoscale Science and Engineering (“CNSE”) at the State University at Albany. CNSE has become a major economic driver in the Capital Region and beyond.9 This economic cluster stretches from the IBM Hudson Valley Research Park in East Fishkill through CNSE, to the Global Foundries computer-chip fabrication plant in Saratoga County. There is no better evidence of the power of an economic cluster to spur growth than Governor Cuomo’s success in attracting a multi-billion dollar private investment to create the next-generation nanotechnology microprocessor.

 

The job-creating potential of business-academic partnerships was a critical component of Governor Cuomo’s NYSUNY 2020 program, which guaranteed steady funding for public institutions of higher education throughout the state while creating more predictable tuition rates and offered Challenge Grants to SUNY schools that successfully developed plans to invest in research facilities designed to support job creation and economic development.

 

To further energize economic growth, Governor Cuomo is proposing a bold program to accelerate the commercialization of good ideas and the creation of new businesses to take them to market. These steps will remove barriers between the laboratory and the marketplace through cluster- or technology-focused business incubators, better linking of academia and businesses to develop commercially-viable ideas, engagement of successful entrepreneurs as export mentors, improved access to critical early-stage funding, and tax incentives to build the resulting companies here in New York.

 

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Employers today are in need of workers with the particular skills to meet their specific needs and our job training must be designed to work with employers to produce the trained personnel they need.

This need has resulted in employers moving jobs from overseas back to the U.S. in search of highly skilled labor. We are seeing that trend bear fruit here in New York already:

• Samsung and TSMC became part of the Global 450 Consortium at the Albany Nano Complex.

 

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New York has been at the forefront of this trend with a long and fruitful history of university-industry collaborations. Governor Cuomo will continue to spur economic development through the State’s public higher education system with a third round of competitive NYSUNY 2020 grants. The first round of NYSUNY 2020 at each university center inspired new thinking and attracted large regional interest and private support, including:

 

 

• The University at Buffalo is dramatically expanding research while revitalizing downtown Buffalo with the relocation of the University’s medical facilities in coordination with the region’s largest hospital network.

• Stony Brook University combined its grant with a $150 million gift from the Simons Foundation, one of the largest gifts to any public higher education institution, to build a Medical and Research Translation Building on top of their School of Medicine to greatly enhance cancer research and neuroscience.

• Binghamton University will construct a state-of-the-art Smart Energy Research and Development Facility with an estimated economic impact of over $77 million annually.

• The University at Albany will establish an Emerging Technology and Entrepreneurship Complex to capitalize on discoveries to be brought to market from a wide array of research specialties.

Each plan encompasses a strategy for a rational tuition plan for students, enrollment growth, private support, expansion of diversity programing, and additional research and teaching faculty hires alongside their signature capital expansion plans.

The second round of NYSUNY 2020 attracted innovative submissions with an extraordinary amount of collaboration between campuses across the SUNY system. NYSUNY 2020 Round III and NYCUNY 2020 will offer additional grants for 2- and 4-year colleges and universities within both the SUNY and CUNY systems. Projects will be selected in a competitive manner based on economic impact, advancement of academic goals, innovation, and collaboration. These programs will continue Governor Cuomo’s place-based regional economic development initiative, linking the knowledge and innovation of higher education to regional economic revitalization through large and small businesses.

[Clickclack]

Love this kind of stuff...thank you for posting.

[madDOG]

thanks for posting. Did the governor really refer to himself in the 3rd person in this speach? lol

[alum73]

The state government was a detriment to research and industial partnerships, so it's heartening to see this change in their thinking. It took far too long and can't happen soon enough.