5.3 Economic Development
The Board of Regents finds that the USG and its institutions have a major role in the current and long-term health of the state’s economy, in that the USG produces much of the talent and technology required to advance and expand º¬Ð߲ݒs economic base. The Board’s goal is to develop sustainable intellectual resources through market-driven partnerships between education, business, and government.
The Chancellor shall develop a comprehensive program that organizes and communicates the close relationship between the USG and the economy of º¬Ðß²Ý, and that develops and implements programs linking the USG’s intellectual resources to the state’s business community in innovative ways.
Examples of programs that should be supported include:
- Education programs for knowledge workers in high-demand yet low-supply fields;
- Research-driven economic development resulting in lab-to-market enterprises; and,
- Development of engineering, scientific, and social service applications.
(BoR Minutes, October 2002)
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