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Research, Innovation, And Commercialization At The University Of Maine, James S. (Jake) Ward Iv Jan 2014

Research, Innovation, And Commercialization At The University Of Maine, James S. (Jake) Ward Iv

Maine Policy Review

This paper presents the University of Maine’s accomplishments through its use of state R&D funds.


R&D: Cornerstone Of The Knowledge Economy, Evan Richert Jan 2014

R&D: Cornerstone Of The Knowledge Economy, Evan Richert

Maine Policy Review

Maine has made progress toward achieving the goals set out 13 years ago in the State Planning Office’s publication “30 and 1000.” That publication projected that if 30 percent of the state’s adults had at least four-year degrees and if businesses, academia, and government were spending $1,000 per employed worker on research and development, Maine’s per capita income would reach the national average. The state still has a ways to go. Today it is estimated that the R&D threshold is about $1,600 per employed worker. Business will need to nearly double its effort to reach its share of the goal. …


State Investment In University Research And Commercialization: What Is Measurable And What Is Meaningful?, Kris Burton Jan 2014

State Investment In University Research And Commercialization: What Is Measurable And What Is Meaningful?, Kris Burton

Maine Policy Review

There are serious challenges in measuring the impact of universities on their state economies and in measuring the return on investment in universities by state legislatures. This article discusses the metrics currently used in looking at societal investment in research and the commercialization of research results. It asks if more meaningful metrics are needed, and if so, are they possible to obtain?