Mary Frances PostupackPresident,
University Economic Development Association
Javier GonzalesMayor, City of Santa Fe
Mike DozierSummit Committee Chair,
University Economic Development Association
William Fulton, AICPDirector, Kinder Institute for Urban Research,
Rice University
Making Economic Development Work for Universities and
Communities
William FultonDirector Rice U. Kinder Institute
Former Mayor, Ventura CA
Former Director of Planning and Economic Development, San Diego, CA
So here’s a story about community economic development and
universities
Baker Hall, Chemistry Building, Cornell University (built 1923)
Columbian Rope, Auburn, NY (1903-1980)
What do these things have to do with each other?
Innovation on the shop floor
Then Versus Now
• Closed v. Open Innovation
• Separation of Academia and Industry
• Close Links To Surrounding Manufacturing Region
What does this mean?
• It’s obvious what research universities do for the economic
development of cities and regions.
• It’s less clear what cities and regions do
for the health of research universities
The Network City(city as network)
The founders of a manufacturing empire that survives as a network city
here are some of the things you need to create in order to build enduring prosperity
skilled labor force
Infrastructure
critical mass of innovation and entrepreneurship
educational
opportunities
physical facilities
quality of place
endowment of wealth
Cities are in a ferocious competition
over
place (both geographical location and high-
quality, high-amenity “place”)
Universities are
alsoin a ferocious competition
over
place (both geographical location and high-
quality, high-amenity “place”)
There are geographical
winners and
losers in The Big Sort
If you’re Cornell, you’ve got a problem
-- Do you solve this problem by
“virtually moving” Cornell?
-- Or by investing
in the region where it is embedded?
The old model of place: Research Triangle Park’s suburban campus
The new model of place: North Carolina State’s walkable innovation
campus
But universities must be able to county on consistent political leadership …
… which isn’t always forthcoming
Making Economic Development Work for Universities and
Communities
William FultonDirector Rice U. Kinder Institute
Former Mayor, Ventura CA
Former Director of Planning and Economic Development, San Diego, CA
Glenda HumistonState Director,
California Rural Development Office,
U.S. Department of Agriculture
President’s PanelHigher Education’s Role
in Economic Transformation
Dr. Robert BehuninVice President,
Commercialization & Regional Development,
Utah State University
Dr. Joseph CastroPresident, California State University, Fresno
Randy GrissomInterim President,
Santa Fe Community College
Dr. Mary WalshokAssociate Vice Chancellor for Public Programs
& Dean of Extension, UC San Diego
THANK YOU
BOARD MEMBERS!
#UEDASummit
#HowToSantaFe