"If we're doing our job right, in a few years you won't know where the university ends and the business community begins." (IU President Myles Brand to the Indianapolis Business Journal, March 1998).
Old divisions between the academy and industry are giving way to a new era of partnership between IU and the private sector.
In the last few weeks, President Brand has announced that IU's Advanced Research & Technology Institute (ARTI) will move to Indianapolis sometime this fall and that IU will take steps to establish a biomedical research park near the IUPUI campus. He called for new state funding to strengthen biomedical research and its contributions to health-related businesses in Indiana.
It is increasingly evident that forward-looking industries and universities can come to form a critical mass, creating new wealth and new jobs much like metal filings being drawn to a magnet.
President Brand's message underscores IU's relevancy to business growth in Indiana and the importance of creating and sustaining long-term partnerships.
ARTI's move to Indianapolis also signals IU's plan to accelerate the emergence of beneficial new products and ideas in the marketplace.
ARTI manages IU's intellectual property and coordinates the relationships that allow university research to find its way into applications that can be profitably used in the private sector. The inventors, their campuses, and the university all share in royalties or licensing fees earned.
ARTI is near securing a patent for a compound developed by IU School of Medicine researchers. In clinical tests, it has proved effective in slowing prostate cancer growth. A Massachusetts drug company is seeking FDA approval for the formula. In recent months, ARTI has collected royalties for intellectual property ranging from a procedure for isolating stem cells in human bone marrow to a new brand of tartar-control dog biscuits developed in the IU School of Dentistry.
Mayor Stephen Goldsmith's High Technology Task Force will issue its final report at a summit scheduled April 30 at the Indiana Convention Center.
IUPUI hosted the task force's two "electronic town hall" meetings last month at University Place Conference Center. The meetings were broadcast from the conference center to six high schools in central Indiana, allowing some 400 people to participate.
Members of the task force include representatives of Indiana University, Purdue University, and IUPUI as well as Anthem, Allison Engine, Dow Elanco, Eli Lilly and Company, Indianapolis Power & Light, Macmillan Publishing, Thomson Consumer Electronics, the Indiana Health Industry Forum, and others.
The initiative will shape the economic and educational landscape for years to come by leveraging central Indiana's technological strengths in areas including health, computer sciences, communications, and advanced manufacturing.
For more information on the task force, contact the Indianapolis Economic Development Corporation at (317) 236-6262 or visit the web site at www.hightechindy.com.
Indianapolis is one of the nation's 10 best places to start and grow a business, according to Cognetics, Inc., a Cambridge, Massachusetts, economic research firm.
The other top-10 finishers in the company's survey of entrepreneurial hot spots were Phoenix, Salt Lake City-Provo, Atlanta, Raleigh-Durham, Birmingham-Tuscaloosa, Nashville, Orlando, Denver-Boulder and Washington, D.C. The study measured significant business startups in the past decade and substantial business growth since 1994 to produce the rankings.
The Indy 500 is around the corner, and IUPUI's Formula Electric race car will provide a warmup by competing in the Indy Electric Classic May 16 at Indianapolis Raceway Park. IUPUI's car, developed by students and faculty from the Purdue School of Engineering and Technology, has raced against vehicles from Notre Dame, Ohio State, West Virginia, Oklahoma, and other universities at speedways around the country. The race cars are a testing platform for high-performance electric propulsion and battery systems, aiding students in learning to design and develop electric vehicles. For information on the May 16 race, call (317) 274-2533.
The Lilly Endowment this month awarded $6.5 million to the IU Center on Philanthropy to sustain and expand its nationally recognized academic programs and research.
The Center on Philanthropy is an important ingredient in IUPUI's efforts to develop interdisciplinary academic programs that address emerging issues and community needs. The history and influence of philanthropy nationally has become an increasingly important subject for study, and the support of the Lilly Endowment has enabled the Center on Philanthropy to attract outstanding students and faculty to its degree programs and library resources.
Among other things, the grant will allow the center to dedicate resources to new research on philanthropy in Indiana, add faculty, and strengthen its Fund Raising School, which helps train professionals working for nonprofit organizations.
The endowment also will continue to fund a study of religion and urban culture by the Polis Center at IUPUI with a $3.5 million grant. The Polis Center is in the third phase of a project that examines the role of religion in Indianapolis and, by implication, in other American cities. Through community-based partnerships, the project explores how people of faith have acted (or failed to act) to define, sustain, and transform community in the 20th-century city.
The research will inform public discussion of how religion and urban culture influence each other and how to build community by enhancing religious expression.
The center will use the grant to publish books and articles, produce videos, and host local and national forums to share its findings with community and congregational groups.
The national group includes executives from Baldwin, Yamaha, Steinway, Korg, Roland, Sony and other makers of musical instruments, as well as music educators from around the United States.
Peters directs the School of Music's Master of Science degree in music technology -- one of the first of its kind in the nation -- which provides academic training in digital music production, instructional design, and multimedia development.
It's tax time, and students of the IU School of Law-Indianapolis continued a tradition of helping more than 100 elderly and low-income individuals prepare their state and federal income tax returns. The law school participates in the Volunteer Income Tax Assistance program, sponsored by the Internal Revenue Service and the American Bar Association's student division. About 25 students conducted workshops at area high schools, libraries, and community centers.
According to a recent survey of entering freshmen at IUPUI, new students like having the option to earn either a Purdue or Indiana University degree. A vast majority believe IUPUI offers a quality education for relatively low tuition.
The survey is one of several conducted annually. Others include surveys of continuing students and of recently graduated alumni.
The entering student survey also reveals the following:
All in all, the message seems to be that students choose IUPUI because they have a variety of choices that fit a variety of lifestyles and goals.
Our continual challenge is to meet our students' high expectations and stay informed of their wants and needs.