Academic Library and EconomicDevelopment Center Collaborate to      Assist Local Inventors                  Julia A. Marti...
Launch Business Development Library• proposed by the Regional Growth Partnership  (RGP) - Northwest Ohio’s economic develo...
Highest Percent of Distressed Cities• Ohio• Pennsylvania• New York(Wolman, Hill, Blumenthal, & Furdell, 2008) Academic Lib...
Characteristics of Distressed Cities• to be in economically unhealthy metropolitan areas• to have lower levels of connecti...
Characteristics of Distressed Cities• to have residents with lower levels of education• to be in high-wage labor markets• ...
Academic Library and Economic Development Center Collaborate to Assist Local Inventors   6
Toledo’s Economic Difficulties• city population decreased 6%     – 313,157 in 2000 to 293,201 in 2008• violent crime rate ...
Lucas County’s Economic Difficulties• closings of large  manufacturing plants                                            1...
14131211                                                                                   Annual10                       ...
Academic Library and Economic Development Center Collaborate to Assist Local Inventors   10
Lucas County’s Economic Difficulties• job losses between 2000 and 2008     – 34.3% (11,312 workers) of manufacturing jobs ...
Lucas County’s Economic Difficulties• 17.4% of individuals lived below the poverty level  during 2006-2008• 22.1% of the p...
Academic Library and Economic Development Center Collaborate to Assist Local Inventors   13
Roles of Universities in Technology    Transfer and Economic Development support the goals and growth of the city• provide...
UT Centers for Economic Development         and Emerging Technologies•     Intermodal Transportation Institute•     Center...
Roles of Academic Libraries in            Economic Development• support faculty research     – move from basic to applied ...
New UT Products to Support               Economic Development• GREENR (Global Reference on the  Environment, Energy, and N...
Regional Growth Partnership Goals•     new business attraction•     international trade development•     venture funds•   ...
RGPs Launch Program                                                                   promoting tech-based,               ...
Launchs Clientele• scientists, many with  doctoral degrees• many faculty from regional  universities• little theoretical o...
Inventors’ Library Resource Needs• small business education• market research Academic Library and Economic Development Cen...
Small Business Education• business-conceptual to help  entrepreneurs build a framework• business-practical to help entrepr...
Book Topics forSmall Business Education• technology                                                         •     business...
Titles Given to Every Inventor• Legal Guide for Starting &  Running a Small Business  (2006) by Fred S. Steingold• Legal F...
Market Research• help inventors determine market feasibility• biggest and most used databases were assessed• UT purchased ...
Outcomes• RGP staff and clients use library for book borrowing  and as reading area• Summer 2008     – 11 clients• Summer ...
Launch Graduatesmedication therapy for chronic illnesses                                                                  ...
References• Federal Bureau of Investigation. (2008). Crime in the United States by Metropolitan  Statistical Area, 2007. R...
References• U. S. Bureau of Labor Statistics. (2010). Local area unemployment statistics: Lucas  County, OH: unemployment ...
References• U. S. Census Bureau. (2010b). Toledo city, Ohio: 2006-2008 American Community  Survey 3-year estimates: Data p...
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Academic Library & Economic Development Center Collaborate to Assist Local Inventors - Julia A. Martin

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Academic Library & Economic Development Center Collaborate to Assist Local Inventors - Julia A. Martin

  1. 1. Academic Library and EconomicDevelopment Center Collaborate to Assist Local Inventors Julia A. Martin Business & Economics Librarian University of Toledo Libraries CALA Midwest Chapter Annual Conference Saturday, May 22, 2010
  2. 2. Launch Business Development Library• proposed by the Regional Growth Partnership (RGP) - Northwest Ohio’s economic development center• to support the start-up and small business management needs of local inventors• to increase economic development Academic Library and Economic Development Center Collaborate to Assist Local Inventors 2
  3. 3. Highest Percent of Distressed Cities• Ohio• Pennsylvania• New York(Wolman, Hill, Blumenthal, & Furdell, 2008) Academic Library and Economic Development Center Collaborate to Assist Local Inventors 3
  4. 4. Characteristics of Distressed Cities• to be in economically unhealthy metropolitan areas• to have lower levels of connectivity to global economy• to have a lower share of the metropolitan area population and employment• to have older transportation and communication infrastructures• to produce mature products• to be smaller Academic Library and Economic Development Center Collaborate to Assist Local Inventors 4
  5. 5. Characteristics of Distressed Cities• to have residents with lower levels of education• to be in high-wage labor markets• to have high crime rates• to have a higher portion of residents who are not of labor force age• to have an out-migration of workers• to lack amenities such as restaurants, cultural institutions, and good overall appearance(Feyrer, Scaerdote, & Stern, 2007; Vey, 2008; Wolman et al, 2008) Academic Library and Economic Development Center Collaborate to Assist Local Inventors 5
  6. 6. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 6
  7. 7. Toledo’s Economic Difficulties• city population decreased 6% – 313,157 in 2000 to 293,201 in 2008• violent crime rate 2.6 times the national average – 3,639 violent crimes per 100,000 people• 17.2% of population 25 years and older has a bachelors degree or higher – national average of 27.4%(U. S. Census Bureau, 2009; Federal Bureau of Investigation, 2008;U. S. Census Bureau, 2010b) Academic Library and Economic Development Center Collaborate to Assist Local Inventors 7
  8. 8. Lucas County’s Economic Difficulties• closings of large manufacturing plants 14 12 10• unemployment rate 8 Lucas increased 6 4 US – 6.4% in December 2007 2 – 10.1% in December 2008 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 – 12.2% in December 2009(U. S. Bureau of Labor Statistics, 2010) Academic Library and Economic Development Center Collaborate to Assist Local Inventors 8
  9. 9. 14131211 Annual10 US Unemployment Rate for Ohio 9 Illinois Indiana 8 Midwest States Iowa Kentucky 7 Michigan 6 5 4 3 2007 2008 2009Academic Library and Economic Development Center Collaborate to Assist Local Inventors 9
  10. 10. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 10
  11. 11. Lucas County’s Economic Difficulties• job losses between 2000 and 2008 – 34.3% (11,312 workers) of manufacturing jobs – 24.1% (2,846 workers) of construction jobs – 16.0% (8,142 workers) of trade, transportation, and utilities jobs – 15.8% (5,426 workers) of professional and business services jobs(Mayer & McCleary, 2010) Academic Library and Economic Development Center Collaborate to Assist Local Inventors 11
  12. 12. Lucas County’s Economic Difficulties• 17.4% of individuals lived below the poverty level during 2006-2008• 22.1% of the population received food assistance in 2008• 20.8% of residents enrolled in Medicaid in 2008• 43.5% of children enrolled in Medicaid in 2008(U. S. Census Bureau, 2010a; Ohio Department of Job and Family Services, 2009) Academic Library and Economic Development Center Collaborate to Assist Local Inventors 12
  13. 13. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 13
  14. 14. Roles of Universities in Technology Transfer and Economic Development support the goals and growth of the city• provide well-educated graduates• support local businesses through consulting• support local businesses through job training Academic Library and Economic Development Center Collaborate to Assist Local Inventors 14
  15. 15. UT Centers for Economic Development and Emerging Technologies• Intermodal Transportation Institute• Center for Photovoltaics Innovation and Commercialization• School of Solar and Advanced Renewable Energy• Center of Excellence in Advanced Renewable Energy and the Environment• Clean and Alternative Energy Incubator• Technology Business Incubator• Minority Business Enterprise Incubator• Nitschke Technology Commercialization Complex Academic Library and Economic Development Center Collaborate to Assist Local Inventors 15
  16. 16. Roles of Academic Libraries in Economic Development• support faculty research – move from basic to applied sciences• support small business development – resource provision – resource training – patent searching Academic Library and Economic Development Center Collaborate to Assist Local Inventors 16
  17. 17. New UT Products to Support Economic Development• GREENR (Global Reference on the Environment, Energy, and Natural Resources)• ASTM Standards (industry)• IHS Standards (military, federal, other)• journal subscriptions• Frost & Sullivan Academic Library and Economic Development Center Collaborate to Assist Local Inventors 17
  18. 18. Regional Growth Partnership Goals• new business attraction• international trade development• venture funds• tech-based business development Academic Library and Economic Development Center Collaborate to Assist Local Inventors 18
  19. 19. RGPs Launch Program promoting tech-based, start-up company success• business planning • financial planning and• technology validation projections• equipment for demonstration • grant writing• prototype build and • market analysis and research demonstration • marketing strategies• intellectual property • investment mentoring and management coaching Academic Library and Economic Development Center Collaborate to Assist Local Inventors 19
  20. 20. Launchs Clientele• scientists, many with doctoral degrees• many faculty from regional universities• little theoretical or practical business experience Academic Library and Economic Development Center Collaborate to Assist Local Inventors 20
  21. 21. Inventors’ Library Resource Needs• small business education• market research Academic Library and Economic Development Center Collaborate to Assist Local Inventors 21
  22. 22. Small Business Education• business-conceptual to help entrepreneurs build a framework• business-practical to help entrepreneurs conduct business• small business startup practices• small business management Academic Library and Economic Development Center Collaborate to Assist Local Inventors 22
  23. 23. Book Topics forSmall Business Education• technology • business skills commercialization • marketing• invention • human resources• protecting intellectual • accounting property • finance• entrepreneurship & • grants start-up • wisdom & inspiration• forms of business• management & strategy Academic Library and Economic Development Center Collaborate to Assist Local Inventors 23
  24. 24. Titles Given to Every Inventor• Legal Guide for Starting & Running a Small Business (2006) by Fred S. Steingold• Legal Forms for Starting & Running a Small Business (2008) by Fred S. Steingold• The Ernst & Young Business Plan Guide (2007) by Brian R. Ford, Jay M. Bornstein, and Patrick T. Pruitt Academic Library and Economic Development Center Collaborate to Assist Local Inventors 24
  25. 25. Market Research• help inventors determine market feasibility• biggest and most used databases were assessed• UT purchased Frost & Sullivan database Academic Library and Economic Development Center Collaborate to Assist Local Inventors 25
  26. 26. Outcomes• RGP staff and clients use library for book borrowing and as reading area• Summer 2008 – 11 clients• Summer 2009 – 21 clients – 8 graduates – potential clients waiting for patents – additional staff person Academic Library and Economic Development Center Collaborate to Assist Local Inventors 26
  27. 27. Launch Graduatesmedication therapy for chronic illnesses critical test result communication satellite detection of bacteria thin film solar cells Seavival – emergency medical systems Academic Library and Economic Development Center Collaborate to Assist Local Inventors 27
  28. 28. References• Federal Bureau of Investigation. (2008). Crime in the United States by Metropolitan Statistical Area, 2007. Retrieved from http://www.fbi.gov/ucr/cius2007/data/table_06.html• Feyrer, J., Scaerdote, B., & Stern, A. (2007, July). Did the rust belt become shiny? A study of cities and counties that lost steel and auto jobs in the 1980s. Brookings- Wharton Papers on Urban Affairs, 8, 41-89.• Mayer, M., & McCleary, M. (2010). State of the State: Two decades of weak job growth and skyrocketing government costs pose daunting challenges for Ohioans. Retrieved from The Buckeye Institute for Public Policy Solutions website: http://www.buckeyeinstitute.org/docs/2010StateoftheState.pdf• Ohio Department of Job and Family Services. (2009). Lucas county profile. Retrieved from http://jfs.ohio.gov/county/cntypro/lucas.pdf Academic Library and Economic Development Center Collaborate to Assist Local Inventors 28
  29. 29. References• U. S. Bureau of Labor Statistics. (2010). Local area unemployment statistics: Lucas County, OH: unemployment rate. Retrieved from http://data.bls.gov/cgi-bin/dsrv?la• U. S. Census Bureau. (2009). Annual estimates of the resident population for incorporated places in Ohio, listed alphabetically: April 1, 2000 to July 1, 2008 (SUB-EST2008-04-39). Retrieved from http://www.census.gov/popest/cities/tables/SUB-EST2008-04-39.xls• U. S. Census Bureau. (2010a). Lucas County, Ohio: 2006-2008 American Community Survey 3-year estimates: Data profile highlights. Retrieved from http://factfinder.census.gov/servlet/ACSSAFFFacts?_event=Search&geo_id=&_geo Context=&_street=&_county=lucas&_cityTown=lucas&_state=04000US39&_zip=& _lang=en&_sse=on&pctxt=fph&pgsl=010 Academic Library and Economic Development Center Collaborate to Assist Local Inventors 29
  30. 30. References• U. S. Census Bureau. (2010b). Toledo city, Ohio: 2006-2008 American Community Survey 3-year estimates: Data profile highlights. Retrieved from http://factfinder.census.gov/servlet/ACSSAFFFacts?_event=Search&geo_id=&_geo Context=&_street=&_county=toledo&_cityTown=toledo&_state=04000US39&_zip= &_lang=en&_sse=on&pctxt=fph&pgsl=010• Vey, J. S. (2008). Revitalizing America’s older industrial cities: A state agenda for change. In R. M. McGahey & J. S. Vey (Eds.), Retooling for growth: Building a 21st century economy in Americas older industrial area (pp. 33-59). Washington, DC: Brookings Institution Press.• Wolman, H. L., Hill, E.W., Blumenthal, P., & Furdell, K. (2008). Understanding economically distressed cities. In R. M. McGahey & J. S. Vey (Eds.), Retooling for growth: Building a 21st century economy in Americas older industrial area (pp. 151- 178). Washington, DC: Brookings Institution Press. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 30

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