5.3 Economic Development
The Board of Regents finds that the °ÄÃÅÁùºÏ²Ê¿ª½±app and its institutions have a major role in the current and long-term health of the state’s economy, in that the °ÄÃÅÁùºÏ²Ê¿ª½±app produces much of the talent and technology required to advance and expand Georgia’s economic base. The Board’s goal is to develop sustainable intellectual resources through market-driven partnerships between education, business, and government.
The Chancellor shall develop a comprehensive program that organizes and communicates the close relationship between the °ÄÃÅÁùºÏ²Ê¿ª½±app and the economy of Georgia, and that develops and implements programs linking the °ÄÃÅÁùºÏ²Ê¿ª½±app’s intellectual resources to the state’s business community in innovative ways.
Examples of programs that should be supported include:
- Education programs for knowledge workers in high-demand yet low-supply fields;
- Research-driven economic development resulting in lab-to-market enterprises; and,
- Development of engineering, scientific, and social service applications.
(BoR Minutes, October 2002)
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