By Elizabeth Wade Hall
The plan emphasizes a number
of areas for future emphasis in both university research and economic development:
Biosciences; Environmental and Energy Technologies; Human Health and Development ·
Information Technology Infrastructure; Materials Science and Manufacturing Technologies;
Human Capital and New Economy Workforce Development.
18, 2001 (Lexington, Ky.) -- University
of Kentucky, business and community leaders have submitted
a strategic plan for growth and development of the technology-centered
economy in the Greater Lexington Area to the Kentucky
Office of the New Economy, which is part of the Office
of the Governor and has responsibility for implementing
the Kentucky Innovation Act of 2000.
is part of the process that will lead to the adoption
of a Strategic Plan for the New Economy in the Commonwealth
by the Kentucky Innovation Commission - a statewide
group of citizens convened to advise the commissioner
of the New Economy.
of months of work by a planning committee comprised
of UK officials, area business leaders and community
leaders, the plan emphasizes a number of areas for
future emphasis in both university research and economic
development: Biosciences; Environmental and Energy
Technologies; Human Health and Development · Information
Technology Infrastructure; Materials Science and Manufacturing
Technologies; Human Capital and New Economy Workforce
five areas listed above were agreed upon by representatives
of UK and the University of Louisville as being of
highest priority because they represent the areas
of research where greatest extramural funding is attracted
to the state at this time. Consequently, those areas
hold the greatest promise for leveraging additional
research funding from the federal government and other
sources. Total extramural research funding is an important
focus of the New Economy initiative of the state.
area, Human Capital and New Economy Workforce Development,
is important because technological innovations are
going to require people with new skills and abilities
to capitalize on the opportunities flowing from the
also would establish the Lexington Innovation and
Commercialization Center (LICC) to help technology-focused
businesses get started and establish a structure.
The center would facilitate advancement of the new
economy and technology-centered economic development
in the Greater Lexington Area. The LICC would be an
affiliated corporation of UK. The director of the
LICC also will serve as the director of the Douglas
J. Von Allmen Center for Entrepreneurship and E-Commerce.
of Directors will be comprised of the UK president,
who will serve as chairman of the board, the UK vice
president of corporate relations and economic outreach,
the dean of the Gatton College of Business and Economics,
the dean of the College of Engineering, the dean of
the College of Pharmacy, the director of the Kentucky
Science and Technology Corporation or a designee,
and five entrepreneurs appointed by the dean of the
Gatton College after consultation with KSTC staff
and with approval of the board.
will be used by Dr. Bill Brundage, commissioner of
the New Economy for the Commonwealth of Kentucky,
and his staff to compile the statewide strategic plan
that will be submitted to the Kentucky Innovation
Commission for approval later this fall.
also will be forwarded to the UK Task Force on University
of Kentucky Futures, a campus-wide group charged with
assessing UK's current scholarly and educational strengths
and identifying the top areas of contemporary scholarship
for priority investment of additional resources.
will be available for viewing on the UK Office of the Vice
President for Research Web site.