College Planning & Management

MAR 2013

College Planning & Management is the information resource for professionals serving the college and university market. Covering facilities, security, technology and business.

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PHOTO © J. ADAM FENSTER / UNIVERSITY OF ROCHESTER questions of the value of a college education, it is inescapable that knowledge-based innovation drives the economy. A recent study conducted by the Georgetown University Center on Education and Workforce stated that by 2018, nearly two-thirds of new job openings will require some college education. Increasingly, colleges and universities are adapting to their new responsibilities as economic engines. The creation and transfer of knowledge is still the paramount mission. Institutional leaders, however, particularly at the more prominent research universities, understand that additional expectations have been placed upon them. As President Seligman has told me, no longer can institutions of higher learning sit back and only offer theories for success. It will be the responsibility of colleges and universities to lead by example. CPM Duncan Moore is the Rudolf and Hilda Kingslake professor of Optical Engineering, vice provost for Entrepreneurship, and former dean of Engineering and Applied Sciences at the University of Rochester. He has served as president of the Optical Society of America, a professional organization with more than 12,000 members throughout the world, and from 1997 to 2000 he served as associate director for Technology in The White House Office of Science and Technology Policy. He can be contacted at START ME UP. Since 1996, the city of Rochester, NY, has seen the launch of 38 start-up business ventures based on University of Rochester technologies alone. Rochester's success is just one example of the proven fact that knowledge-based innovation drives the economy. These successful public-private partnerships across America will not go unnoticed in efforts to revitalize American manufacturing and encourage companies to invest in the United States. !" #$ %& ' !" ( ) !" !!" * + , !" #$ #$%#- . !" % & /% 0 !" 1 " & 2 23 1 ' MARCH 2013 / COLLEGE PLANNING & MANAGEMENT 63

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