by Luis M. Proenza, President
The University of Akron
as Aired on WCLV Radio, Cleveland, OH - June 2001
In the new economy, innovation drives technological change, and new technology, in turn, drives new business development. Economists agree that creation of new technological knowledge through research is our most direct avenue for acquiring added value. When that new knowledge is quantified in a market environment, it creates fuller employment, capital formation, growing profits, and surpluses for reinvestment. In other words ? today, intellectual capital is business capital.
At The University of Akron, we specialize in the development, protection, management and commercialization of new knowledge. That is why, time and again, Akron is credited for its role in transforming Northeast Ohio from the rubber capital to the polymer capital of the world. And that is why staying close to the source of knowledge creation is not just a good idea, it is a business necessity. That's the Akron Advantage!