COVER

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COVER
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Economic Development Purdue University
Defining the Role of the 21st Century Land Grant
University
Economic Development Strategic Planning Working
Group
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Economic Development Working Group

• Joe Pekny (Chemical Engineering)
• Charlene Sullivan (Management)
• Sam Cordes (Agricultural Economics)
• Greg Deason (Purdue Research Foundation)
• Jesse Moore (EVPT/Supplier Diversity)
• Maureen Huffer - (Management - APSAC member)
• Joe Seaman (President/CEO L-WL Development Corp.)
• Melissa Markofski (Health Kinesiology -
  Graduate Student)

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Proud Indiana History of Economic Leadership
Entrepreneurship
Indiana Role in Medical Devices Logistics Energy
Steel Chemicals
When Historic Opportunities Arise Hoosiers Have a
Knack for Developing Them
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An Engine for Large Scale Research Economic
Development

• Strong Economic Development Foundation The
  Purdue Research Park
• A Research Park job generates 2.57 community
  jobs
• 2,800 employees, 146 companies
• 121 million venture capital
• 2004, 2005 national awards
• 58,406 average wage _at_ Purdue Technology Center
• West Lafayette, Indianapolis, Merrillville, New
  Albany (helping with other efforts)
• Purdue Research Park integrates many business
  development activities The Power of a Holistic
  Approach

Industry
Education increases lifetime earnings, benefits
subsequent generations, etc.
Feedback Loop
Graduating Students
Purdue Activities
Incoming Students
Improved education is increased economic
development
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Economic Development Listening Sessions
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Key Observations

• Purdue Has a Great Reputation
• Viewed as Action Oriented
• Honest Broker
• People Want Purdue Leadership
• Work Force Development
• Regional Assets/Regional Strategy
• Tremendous Potential for Partnerships
• Indiana University, Notre Dame, Ivy Tech, IEDC,
• Many Purdue Activities (Synergy!)

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Economic Development Powering a Virtuous Cycle

• Link Purdue Research to Market Needs/Trends
• Increased Industrial Partnership
• Public Policy Institute
• Globalization
• Strategic Fund Raising to Tie Discovery,
  Learning, Economic Development
• Seed Grant Program
• Discovery Park Activity Indiana-Wide
• Partnerships (Notre Dame, IU, Ivy Tech,)
• Grow Bell Labs of 21st Century

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Metropolitan-Rural Strategy
Metropolitan-Rural Strategy
Metropolitan-Rural Strategy
State of Indiana (pop 6.3 million)
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Areas of Opportunity
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The Talent Supply Chain
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Many Faculty, Staff, Student Opportunities
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Purdue University Strategic Entrepreneurship
Economic Development (PU-SEED) Super Project
Purdue Activities
Incoming Students

• Brand Efforts to Maximize Leadership
• University Wide Organization
• Project Oriented/Portfolio Management Methods
• Link Purdue to Practical Solution of Societal
  Grand Challenges
• Inventory Rank Opportunities to Manage
  Resources
• Develop Regional Sector Action Trajectories
• Expand Partnerships for Economic Development
• Seed Funding Program to Link Discovery,
  Learning, Engagement

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Strategic Tactical Execution
Vice President for Research Office Discovery Park

• International Programs
• Advancement
• Regional Campuses
• University Development
• Economic Development Strategy Group (Key
  Leaders, Deans,)

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