University of Delaware TASK FORCE ON ECONOMIC DEVELOPMENT Executive Summary May 11, 2007 EXECUTIVE SUMMARY A University Economic Development Task Force (EDTF) was formed by Provost Dan Rich in February 2007 to assist President-elect Patrick Harker in understanding the current position of the University with respect to its impact on economic development at local, state, and regional levels and to highlight current gaps and identify nascent opportunities as the University looks to position itself for future economic development efforts. The body of the report is divided into three sections, each of which impacts economic development: education and teaching, research and scholarship, and outreach and public service. The sections are supported by an inventory of the University’s constituent units that provides information on current economic development efforts as well as gaps, opportunities, and partnerships. The analysis revealed several common elements that, if embraced, would have an immediate positive effect on the University’s economic development efforts. They are (in no priority order): 1. Enrich the potential for intra-university partnerships by establishing a central office to coordinate efforts related to economic development. The office would serve as a point of contact for public and private sector inquiries into the resources and assistance that the University can provide. A key component might be an online presence that catalogues UD’s economic development activities and provides for database searches that will direct users to appropriate University programs, departments and centers. The central office should be elevated at the University level in order to provide visibility and awareness needed to be effective. 2. Expand the current offerings of forums, symposia, and summits that address topics related to economic development. An annual Universitysponsored conference on economic development and related issues will help in establishing the role of UD as a source of knowledge-based economic development initiatives. The Institute for Public Administration’s experience has demonstrated that the University can play a significant role in raising awareness of and fostering serious deliberation on a variety of topics. A secondary priority is to ensure that the state, business and economic development communities are all aware of the University’s existing and ongoing activities and conferences, such as the Lerner School’s Tyler Lecture Series, and to cast a broader net in recruiting and informing potential attendees of such offerings. 3. Bridge the gap between intellectual property and technology transfer in the area of research and scholarship. Issues related to the patent process, grant match pools, seed money, and proof-of-concept funds can be better addressed through more available funding, a clearly defined process to facilitate technology transfer, and through cultivating faculty leaders for the kind of broad-based efforts that result in economic development impacts and outcomes. For example, the Avian Biosciences Center, established in June 2006, conducts research and educational programs with significant short and long term impact on the poultry industry. Programs within the Center focus on poultry health, environmental compatibility, and food safety and quality. Licensing of technologies resulting from faculty research in the area of avian health to commercial entities produced royalties exceeding $100k in FY 2007. In addition, the diagnostic testing and outreach efforts of faculty associated with the Center have played a significant role in the surveillance and control of avian influenza throughout the region and internationally with substantial savings to the poultry industry. 4. Expand the collaborative efforts in establishing knowledge-based partnerships. One of the most recent initiatives includes OrphageniX Inc., a new biotechnology company founded by UD researchers to develop and commercialize UD-patented technologies for repairing genes that cause rare, hereditary diseases such as sickle cell anemia and spinal muscular atrophy. Another example of knowledge-based collaboration is the effort between the Colleges of Engineering and Business and Economics to promote entrepreneurship. Recently, a new minor in entrepreneurship was approved and is expected to attract students from engineering, business and the technical majors. Additional knowledge-based partnerships include the MBA’s Corporate Associates Program, where students spend 20 hours a week during their program in a corporation, and the Institute for Public Administration’s Legislative Fellows Program, in which students provide in-depth, nonpartisan research that assists legislators in addressing critical issues facing the state. 5. Provide economic analysis for the promotion of economic growth and business development in the State of Delaware. The University of Delaware is a model of the engaged university through its core missions of teaching, research, outreach and engagement. By creating an Institute for Economics and Business Research, the university could support the business and public sectors in Delaware and the Mid-Atlantic region by providing expertise, research and analysis including economic forecasting, economic analysis of legislative and public policy proposals, business planning, and overviews of relevant and timely economic and business issues. Such a strong partnership with the business and public sectors is mutually beneficial for all concerned as the State and the University face new economic and business challenges. 6. Expand Science-based and Mathematics Enrollment. Currently, there is a critical shortage of science-based and Math teachers, especially in the secondary level. In reversing this negative impact on the State, the University should continue its efforts to increase the number of graduates in secondary science-based and Mathematics programs, and work to retain a growing number of these graduates as teachers in Delaware. 7. Support increased enrollments in the health sciences programs to meet the growing health care needs in Delaware. The School of Nursing fulfills its mission of education and service in a variety of capacities and economic development is an integral part. Through the students’ services provided in clinical experiences, it is estimated that the School contributes annual services estimated at a value of approximately $1,447,500 annually to the local economy in health workforce dollars. 8. Study the feasibility of establishing a law school. In examining ways to increase the economic impact on the legal profession in the region, the University may wish to consider establishing a law school. Delaware is a leader in corporate law, and is the legal home to 60% of the Fortune 500. In 2006, over 130 UD graduates enrolled in law school. Thirty-three went to Widener, with another 30 enrolling in the Philadelphia-area law schools. In addition, The Weinberg Center for Corporate Governance is widely recognized for its contributions in providing a forum for business leaders, members of corporate boards and the legal community to develop programs that will generate local, national and even international interest in corporate governance. 9. Diversify the student body by enrolling more international students, and improve support for international programming. China, India and other economies (including Brazil and Russia which comprise the BRIC countries) are rising rapidly, with a speed, breadth and depth that clearly signal those nations’ growing political, economic and military influence on world affairs. The University of Delaware should consider how to best position itself to take advantage of this emergence, and how to prepare its graduates to succeed in the increasingly global economy that will be dominated by these nations. In addition to continuing support of its study abroad programs, the University should build its international undergraduate and graduate enrollments, integrating these students into the fabric of the University’s academic and residence life programming. Doing so will further diversify the student body and provide important linkages and familiarity to UD students that will serve them well as they progress through their careers. The Task Force recommends that the University direct resources to further develop and expand programs that require students to be competent in important foreign languages, culture and the arts. UD should seek faculty and staff exchange opportunities among high-quality universities and institutes in these rapidly growing economies, particularly in Asia, and explore the possibility of offering educational programs in pivotal international locations. 10.Develop a framework for administering interdisciplinary programs, centers, and institutes to facilitate the University’s role in promoting interdisciplinary-based partnerships and innovations in economic development. It is critical for the success of such programs to have strong leadership and support, with a broad vision that encourages interaction and consistent integration throughout the campus. Examples of UD’s more visible and successful interdisciplinary programs include the Biomechanics and Movement Science program, the Center for Energy and Environmental Policy, the Delaware Biotechnology Institute and the Center for Critical Zone Research. Although there are successful interdisciplinary programs on campus, better coordination could facilitate the expansion of interdisciplinary centers and institutes that focuses both on undergraduate and graduate educational programs, research and outreach. The faculty reward system should be examined to ensure that those who participate in interdisciplinary programs and centers are appropriately recognized.