Penn State's Role in Economic & Workforce Development

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    Penn State's Role in Economic & Workforce Development - Presentation Transcript

    1. Penn State’s Role in Economic, Workforce, & Community Development Michael Lawrence, Director of Workforce Development Initiatives On behalf of Craig Weidemann Vice President for Outreach
    2. Why Penn State?
      • From the Penn State University Mission Statement:
      • Penn State is a multi-campus public land-grant university that improves the lives of the people of Pennsylvania, the nation, and the world through integrated, high-quality programs in teaching, research, and service.
      • As a land-grant university, we also hold a unique responsibility for outreach and public service to support the citizens of Pennsylvania. We engage in collaborative activities with industrial, educational and agricultural partners here and abroad to disseminate and apply knowledge.
    3. Higher Education’s Role in Economic & Workforce Development In Cleveland’s heyday. . . proximity to water or rail mattered a lot. Today, proximity to a university campus matters a lot. Tim Ferguson, Forbes, 5/31/99
    4. Higher Education Commits Resources Penn State U. of Michigan U. of Wisconsin Washington State Georgia Tech U. of North Carolina U. of Arizona Indiana University Colorado State U. of Texas U. of S. California U. of Oregon Iowa State Oklahoma State Purdue Ohio State
    5. Economic & Workforce Development Plans
    6. More than 200 Doors to Penn State
    7. Four Pillars of Economic & Workforce Development Economic Impact Human Capital Development Research & Innovation Community Engagement
    8. Economic Impact
      • University of Georgia $9.7B
        • 1 in 36 in-state jobs
      • University of Wisconsin $9.5B
        • 6% in-state jobs
      • Johns Hopkins University $7.0B
        • $1 of every $28 in state originates at Hopkins
        • 3 out of 100 in-state jobs
      Higher Education Across U.S. Economic Impact Human Capital Development Research & Innovation Community Engagement
    9. Economic Impact
      • Penn State
      • Other State-related Universities
      • State System of Higher Education Institutions
      • Pennsylvania Independent Colleges and Universities
      • Total $33 Billion
      Pennsylvania Economic Impact Human Capital Development Research & Innovation Community Engagement
    10. Economic Impact
      • Single largest generator of economic impact and job creation in the Commonwealth.
        • 200,00 alumni
        • 60,863 jobs
        • $19.42 in economic impact for every $1 received
      Penn State, $6.1 Billion Economic Impact Human Capital Development Research & Innovation Community Engagement
      • Teaching Students
        • 5,000 internships/co-ops with PA companies since 2000
        • The Learning Factory
        • Penn State Nanofabrication Facility
      Human Capital Development Economic Impact Human Capital Development Research & Innovation Community Engagement
    11. Human Capital Development continued. . .
      • Fostering Entrepreneurship
        • College of Engineering, Center for Engineering Design and Entrepreneurship
        • Smeal College of Business, Farrell Center for Corporate Innovation and Entrepreneurship
        • Northeast Regional Center for Rural Development
        • Center for Food Innovation
        • Penn State Altoona Devorris Downtown Center
      Economic Impact Human Capital Development Research & Innovation Community Engagement
    12. Human Capital Development continued. . .
      • Training Workforce & Talent Management
        • Statewide Continuing Education
          • 700 companies
          • 20,000 professional
          • Functional Manager Training
        • PennTAP
        • CareerLink Training for PA DOL
        • DOL Pennsylvania Plastics Industry
        • WIRED
      Economic Impact Human Capital Development Research & Innovation Community Engagement
    13. Research & Innovation
      • Inventions
        • 2000 Invention Disclosures Submitted by Faculty
      • Licensed Technologies
        • 400 U.S. Patents Issued
        • 200 License Agreements Executed
        • $54M of Licensed Product Sales
      • Business Start-ups
      • Research Parks
        • 195 research parks in U.S.
      National Economic Impact Human Capital Development Research & Innovation Community Engagement
    14. Community Engagement
      • Convener/Partner
        • South-Central Food Consortium
      • STEM
        • Cooperating and working with NGA Grant
      • Applied Research
        • Nanotechnology information & outreach
      Economic Impact Human Capital Development Research & Innovation Community Engagement
    15. Community Engagement
      • Faculty Consulting and Advocacy
        • Cooperative Extension, Ag Soc and Community Action Network
        • Wind & Solar Energy Skills with Economic Geography Dept, SEDA COG, and CPWDC
      • Workforce Assessment Center
        • Collaboration between College of Education and Penn State Outreach
    16. Penn State
      • University Economic Development Council
      • Regional Outreach Councils
      • Office of Economic & Workforce Development
      • Thematic Initiatives
      Internal Relationships Economic Impact Human Capital Development Research & Innovation Community Engagement
    17. Penn State
      • Local Workforce Investment Boards
      • Pennsylvania Departments of Labor & Industry, Community & Economic Development, Transportation, Welfare, Health, and others.
      • Keystone Innovation Zone Program
      • U.S. Department of Labor
        • WIRED Grants
        • Regional Innovation Grants
        • Other Innovations
      External Relationships Economic Impact Human Capital Development Research & Innovation Community Engagement
      • How do we engage more faculty?
      • How can we create an easily accessible community of scholars?
      • How do we elevate Penn State’s statewide role in economic and workforce development?
      • How do we partner to further the common mission of making life better for all?
      Our Common Goals Economic Impact Human Capital Development Research & Innovation Community Engagement

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