UA prominent in federal report on entrepreneurship and innovation11/07/2013
November is National Entrepreneurship Month, and The University of Akron is helping to lead the way in innovation in the United States, according to the federal government.
A major U.S. Department of Commerce report on innovation and entrepreneurship in higher education puts UA right at the top – in the second sentence of its Executive Summary and throughout the full report.
Dr. Luis M. Proenza
The report, "The Innovation and Entrepreneurial University: Higher Education, Innovation and Entrepreneurship In Focus," details how colleges and universities around the country have engaged in a comprehensive set of programs to nurture innovation and entrepreneurship among their students, faculty and communities with the goal of supporting industry and the regional economy. The report was released Nov. 6 by Commerce's Office of Economic Development Administration and is a result of university collaboration with Commerce's National Advisory Council on Innovation and Entrepreneurship (NACIE).
UA embraces role as regional catalyst
"It's fitting that this report be released during National Entrepreneurship Month, and that The University of Akron figures prominently in it," says UA President Luis M. Proenza. "Throughout the past decade, the University has evolved into a regional catalyst for innovation and entrepreneurship by moving great ideas from the lab to the marketplace to create jobs and economic growth. I'm gratified that the U.S. Department of Commerce has recognized the hard work of everyone at the University to help spur job creation in Ohio and throughout the nation."
The Akron Regional CHange Angels Network, or ARCHAngels, which brings investors together with market-driven, technology-based investment opportunities, was cited in the report. The network, established by UA and The University of Akron Research Foundation in 2005, focuses on health care, information technology, and polymers and advanced materials.
Proenza says several collective achievements with local partners have contributed to the success of The Akron Model. Along with the ARCHAngels, he cites The University of Akron Research Foundation with more than 55 start-up companies; UA as one of the founding partners of the Austen BioInnovation Institute in Akron (ABIA); the National Polymer Innovation Center and its partnerships with ABIA and researchers in local business and industry; the Timken Engineered Surfaces Lab partnership with The Timken Company; and the National Center for Education and Research on Corrosion Materials Performance.
National recognition for efforts
This isn't the first time UA has been cited nationally for its efforts in driving economic development in Northeast Ohio and beyond.
Earlier this year, UA was highlighted in two similar reports, one by the Massachusetts Institute of Technology, "A Report of the MIT Task Force on Innovation and Production." In that study, pointing to UA's recent collaboration with The Timken Company to establish the Timken Engineered Surfaces Lab on campus, MIT scholars suggested that a renewed commitment to research and development in manufacturing, sometimes through creative new forms of collaboration, can spur innovation and growth in the U.S. as a whole.
The other report, "Best Practices in State and Regional Innovation Initiatives: Competing in the 21st Century," by National Academies Press, cites UA and other Ohio universities and how they are responding to the challenges of fostering regional growth and employment in an increasingly competitive global economy.
Media contact: Laura Massie, 330-972-6476 or firstname.lastname@example.org.
In this issue
Submit UA-themed baking/decorating pics
'Tis the season for family, decorations and Zippy cookies!
Alumna makes a difference in the life of a UA student
Stewart became a Roo Crew mentor to help influence students. With no children of her own, she says she truly enjoys being around college students and wants to be a supportive adult figure for them.
Ken Taylor invests in UA business students, is named Honorary Alumnus
A generous gift from Kenneth E. Taylor, president of Ohio CAT, means University of Akron business students are one step closer to a more dynamic and rewarding learning experience.
$1 million prize awarded to UA and Northeast Ohio partners
Competing against 57 other cities across the nation, the Akron metropolitan area has won the top prize in the Talent Dividend competition, producing an impressive 20 percent increase in college degree holders between 2009 and 2013, the largest increase among the competing regions.
Inaugural dean for health college appointed
Dr. David Gordon says he will strive to develop top health professionals who know how to work in integrated teams to achieve the triple aims of health care: Excellent care, best improved health status and the most affordable cost.
Also seeAkron home Alumni news Zips on Walkabout
The University of Akron Alumni Association The Roo Crew
Would you like to share some news?
Send us a note through Post your Pride and we'll include it for the next edition!
Print magazine archives