Indiana University and Economic Development

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Indiana University and Economic Development

• Life Sciences
• Information Technology
• Arts and Humanities
• Workforce Development

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IU Life Sciences Research

• IU School of Medicine
• During SFY 2004, contract and grant awards
  totaled 213 million
• INGEN awards from the Lilly Endowment
• 105 million in 2000
• 50 million in 2003
• INGEN Project
• Goal is to help researchers interpret data gained
  from the Human Genome Project
• Project offers great potential for new
  understanding of the causes of disease and for
  developing new treatments
• INGEN is a major catalyst for Indianas growing
  biotechnology industry

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IU Life Sciences Research

• College of Arts and Sciences
• Responsible for most of 125 million in
  extramural funding generated at IUB in FY 04
• Additional funding expected from establishment of
  two new research programs
• Biotechnology and Human Biology
• Interdisciplinary Science
• InProteo Partnership among IU, Purdue, and Eli
  Lilly and Co. in proteomics research

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IU Information Technology Research

• IU has gained an international reputation for
  excellence
• Internet 2 Network Operations Center at IUPUI
• I-Light and I-Light 2
• Supercomputing power
• Research funding is growing
• Pervasive Technology Labs

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IU Information Technology Research

• Pervasive Technology Labs
• Established in 1999 through 30 million Lilly
  Endowment grant to research ways to increase the
  presence of computing and computing devices in
  everyday applications

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IU Arts and Humanities

• More than 1,200 music programs, mostly free and
  open to the public, are offered by IU each year
• IU campuses offer numerous museums, art
  galleries, exhibits, and public gardens
• IU campuses attract well-known lecturers and
  luminaries to the state and host hundreds of
  cultural events

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Economic Development Strategic Planning Process

• Stated priority of Dr. Herbert and IU Board of
  Trustees
• Internal task force established
• Forums in 11 cities throughout Indiana
• Achieve a better understanding of the economic
  development needs and opportunities in regions
  throughout the state
• Develop a long-term, coordinated strategic
  approach to economic development that influences
  policy-making and resource allocation

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Economic Development Activities

• Knowledge generation
• Business creation
• Job creation
• Innovation acceleration
• Workforce development
• Quality of life

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Indianas Economy

• Many communities struggling to recover and
  rebound from eroding manufacturing base
• Perception that Indianapolis is primary
  beneficiary of growing life sciences sector
• Entrepreneurial spirit and work ethic stronger
  than ever
• Business and community leaders motivated to form
  strategic alliances
• Communities looking to higher education for
  leadership in a knowledge-based economy

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Successful Research Institutions bring Economic
Benefits to Regions

• Silicon Valley Stanford, Cal Berkeley
• Research Triangle UNC, NC State and Duke
• Route 128 Boston MIT, Harvard, Boston College,
  others
• San Diego UC San Diego

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Research at IU

• IU research efforts in life sciences and
  information technology are particularly important
  to economic development in Indiana

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Research at Indiana Universityin M

• Insert graph

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Jobs Created through Research

• Total externally funded research at IU for FY
  2004 413 million
• AAU metric 36.3 jobs supported per 1M in
  research spending
• Jobs supported by IU research in
• 2004 14,000

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Jobs Midwest Proton Radiotherapy Institute

• Began patient treatment in February 2004
• One of three facilities in the United States (the
  other two located on each coast)
• Expects to treat 800 patients per year and
  produce 10 million in net revenue and support
  nearly 100 direct jobs when fully operational

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Advanced Research and Technology Institute (ARTI)

• Established in 1996 to facilitate collaboration
  between IU researchers and businesses with the
  goal of advancing economic development in Indiana
  through
• Business development Helping create and develop
  Indiana businesses
• Technology transfer Facilitating the
  commercialization of intellectual property
• Licensing Licensing intellectual property
  through agreements with industry

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ARTIs Ranking in Technology Transfer License
Revenue 2003
Source 2003 Association of University Technology
Managers University Rankings
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ARTIs Ranking in Technology Transfer Number of
Employees
Source 2003 Association of University
Technology Managers University Rankings
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IUs Emerging Technologies Center

• New business incubator facility opened in 2003 in
  downtown Indianapolis, near the IUPUI campus
• Tenants include new start-up companies focused on
  health care, life sciences, or biotechnology
• Facility provides below market rate laboratory
  and office space and support services from IU
  including telecommunications and technical
  assistance

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Percentage of State Budget Devoted to Higher
Education 1980-81 to 2004-05
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Higher Ed and Economic Growth

• Support for Higher Education in Indiana is
  important for all Hoosiers
• Strategic partnerships with higher education
  institutions can enhance regional, state-focused
  economic development efforts
• Higher Education has a moral and prudential
  obligation to assist with economic development
  efforts

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Thank you

• Bill Stephan
• Vice President for University Relations
  Corporate Partnerships
• Indiana University
• wstephan_at_indiana.edu