By David Gard A recent article from Governing poses an interesting question: “can you have economic development without job growth?” At the end of the day, economic development is always about jobs. But, as the article asserts, the strategy implemented to secure new jobs may need to be about something else. Thus, if new jobs… Read more »
Interview with Bill Stephan on New Bloomington Tech Corridor
By Tony Armstrong IU Vice President Bill Stephan, Bart Peterson from Eli Lilly and other community and business leaders joined us at the IUIC in Bloomington for a robust discussion on the Life Sciences sector in Indiana. Bill was interviewed immediately after the panel discussion. We could not be more enthused about the prospects for… Read more »
Are Universities Underestimating the Economic Impact of Academic Research?
IU researchers David B. Audretsch and Taylor Aldridge argue that universities are underestimating the number of start-up companies that have formed to market university research by as much as 30 percent. Professor Audretsch, a distinguished professor at the School of Public and Environmental Affairs (SPEA) at Indiana University Bloomington and director of the Institute for… Read more »
Four IU Start-Up Companies Named as Success Stories by the Science Coalition
Congratulations to IURTC clients CS-Keys, Fast Diagnostics, Immuneworks, and Therametric Technologies. All were listed among 100 federal funding success stories by the Science Coalition, a nonprofit and nonpartisan group that supports federal funding of scientific research in the United States. The report underlines the vital connection between university research, investment, and economic development. The 100… Read more »
What Executives Make of Innovation – BusinessWeek
By Bill Stephan A Business Week article I thought you might enjoy. As executives breathe out after surviving the Great Recession, they find they’re gazing on a New Reality. The meltdown accelerated many trends that had been merely budding pre-crisis. There has been no time for slow and steady adaptation to the pressures and challenges of… Read more »
The “Proof-of-Concept Center”: A Good Idea, But Not a New One
By Tony Armstrong The New York Times has discovered something that IU officials have known for years—that business innovation is, can, and should be driven by university research. In The Idea Incubator Goes to Campus, Bob Tedeschi describes the “proof-of-concept center” as a new model for commercializing research discoveries. At first glance, the centers look… Read more »
How do you create an Innovation Economy? Find out here.
By Tony Armstrong Ask the average citizen about Silicon Valley, and they’ll probably reference Apple, Google, or Xerox. Ask them about the Hoosier State, and they will likely mention John Mellencamp, the Indy 500, and basketball. It’s a perception problem, but it’s also an opportunity. Indiana University researchers have been quietly forging scientific and technological… Read more »