Leveraging Knowledge Assets for Wealth Creation. Alan W. Seadler Ph.D. Associate Academic Vice President –Research Duquesne University. University roles in economic development. Porter, M. (2007) Forum Futures. Employer Purchaser Real Estate Developer Workforce Developer
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Alan W. Seadler Ph.D.
Associate Academic Vice President –Research
Porter, M. (2007) Forum Futures
Real Estate Developer
Advisor and Network Builder
Technology Transformer and Incubator
“……Pittsburgh's edsand meds account for more than $11 billion in local salaries, 22 percent of the total salaries in the region.”
They've also spun off hundreds of companies in the last 15 years, driving Pittsburgh's technology boom. Since 2000, Pitt research alone has resulted in 373 new patents, 628 new license agreements, and 67 new companies.
Image and Marketing
University Development Fund
University/Industry Research Partnership Fund
Leasehold Improvements Fund
Leverage university technology transfer
Leverage university intellectual power and assets
Anchor zones around research universities
Marketable tax credits
The Pittsburgh region is as well-positioned competitively as we have been in a generation. Our economy is diverse, our workforce skilled, and our quality of life high.
Dennis Yablonsky CEO Allegheny Conference
“According to the U.S. Census Bureau, the Pittsburgh Region has the highest rate of poverty among working-age African Americans of any of the 40 largest metropolitan regions in the country. More than 1/4 (28%) of the region’s African Americans aged 18-64 lived in poverty in 2008. That’s twice as high as in regions such as Baltimore and Charlotte”
US Census Bureau 2010
10-12 million pounds of health care linen per year capacity
James Anderson CEO
Started in 2009
Ohio Cooperative Solar owns and/or installs PV solar panel arrays on institutional, government, and commercial buildings.
Owns, Installs, and maintains large-scale solar panels and sells the electricity generated at a negotiated rate over a 15 yr period.
Will employ 75 residents
Stephen Kiel, President
Will start Fall 2012
Greenhouse with 3.25 acres under glass
Produce ~3 million heads of lettuce per year and several hundred pounds of herbs.
Will employ 35 people
Point Park University
Community College of Allegheny County
Oakland planning and Development Corporation
Understand the purchasing of anchor institutions
Develop a “Pittsburgh Cooperative Strategy”
Develop a list of candidate opportunities
Define start-up requirements and capital needs
Start Cooperatives in neighborhoods.
Kick-off April 2012
Initial funding in place
Democracy Collaborative engaged
PWBI Project Manager hired
Survey to start May 2012
Study complete, initial candidates December 2012