Changing the academic culture: Valuing patents and commercialization toward tenure and career advancement

There is national and international recognition of the importance of innovation, technology transfer, and entrepreneurship for sustained economic revival. With the decline of industrial research laboratories in the United States, research universities are being asked to play a central role in our knowledge-centered economy by the technology transfer of their discoveries, innovations, and inventions. In response to this challenge, innovation ecologies at and around universities are starting to change. However, the change has been slow and limited. The authors believe this can be attributed partially to a lack of change in incentives for the central stakeholder, the faculty member. The authors have taken the position that universities should expand their criteria to treat patents, licensing, and commercialization activity by faculty as an important consideration for merit, tenure, and career advancement, along with publishing, teaching, and service. This position is placed in a historical context with a look at the history of tenure in the United States, patents, and licensing at universities, the current status of university tenure and career advancement processes, and models for the future

DETERMINANTS OF NEW BANK PERFORMANCE

The objective of this study was to describe the overall relationship between a set of dependent variables, measuring various aspects of new bank performance, and a set of independent variables, measuring banking and market structure variables and other factors, which affect new bank performance. Subsidiary purposes were to examine: (1) the impact of extended powers to thrift institutions upon new bank performance, that thrifts gained through the MCA (1980); (2) whether commercial banking as a line of commerce remains a valid argument; and (3) the OCC\u27s chartering policies. A particular multivariate technique--canonical correlation analysis--was applied, and results showed that the endogenous variables, such as bank cost, bank size, and composition of loans, were among the most significant factors in determination of new bank performance. Exogenous variables, such as the growth of population and effective buying income, showed no significance. Other exogenous variables, such as the number of existing banks in a trade area, the location of new banks in either SMSA- or non-SMSA counties, and population per bank office had a very small contribution to the explanation of new bank performance. Since the passage of MCA, thrift institutions can compete with commercial banks for consumer loans and consumer transaction accounts and, on a limited basis, for business loans. The New England subsample results indicate that the extended powers of thrift institutions make them potential competitors of commercial banks in the consumer service area. However, since commercial banks still have purview over business transaction accounts and effective dominance over the business loan market, it is expected that the argument that commercial banking falls into the category of a separate line of commerce will be upheld in the near future. The results of this dissertation and examination of 67 cases of bank failures between 1966 and 1974 showed that internal factors are the most important factors in new bank performance. Since OCC\u27s heavy emphasis in its chartering decisions on exogenous variables, such as needs and convenience seems inappropriate, an alternative was suggested

A Multinomial Logit Analysis of Problem Loan Resolution Choices in Banking.

This paper presents a conceptual framework of problem loan resolution choices that is a function of the combined borrower and lender decisions. A bank will choose a workout option if its expected value is greater than the outcome under a no-workout plan. For the borrower, if the reputational penalty due to a default is less than the opportunity cost of the best new alternative, the borrower will have an incentive to default. If the reverse holds then the borrower will be better-off with a loan workout. Using a unique data set composed of borrower, lender and economic factors we empirically examine the problem loan resolution choices. The, results provide support for our conceptual framework that problem loan choices are based on combined borrower/lender variables. Copyright 1995 by Ohio State University Press.

University of Missouri chief research officers panel [videorecording]

Includes video recording and presentation slides.The Chief Research Officers of the University of Missouri's four campuses present an overview of topics related to the four tracks for the Missouri Energy Summit 2009: Power Generation; Transportation and Biofuels; Energy Infrastructure; Materials for Energy Applications

Chief Research Officers Panel [videorecording]

System requirements: Windows Media Player version 9 or above.Video of Chief Research Officers Panel from Missouri Regional Life Sciences Summit 2010. Institutional strengths, successful collaborations, and future opportunities are discussed.Research, facilities and collaborations at University of Missouri--St. Louis / Nasser Arshadi (Vice Provost for Research, University of Missouri--St.Louis) -- Iowa State University : building excellence through translational research in the biosciences / James R. Bloedel, M.D., Ph. D. (Iowa State Unversity, Department of Biomedical Sciences) -- Highlights of UMKC Research / Lynda Bonewald Ph.D. (Vice Chancellor for Research, University of Missouri--Kansas City) -- Research highlights at University of Missouri--Columbia / Rob Duncan (Vice Chancellor for Research, University of Missouri--Columbia) -- Research highlights at University of Kansas / Joseph Heppert (Vice Chancellor for Research, University of Kansas) -- Research highlights at Missouri University of Science and Technology / K. Krishnamurthy (Vice Provost for Research, Missouri University of Science and Technology) -- Research highlights at Kansas State University / James Guikema (Associate Vice President for Research, Kansas State University) -- Research highlights at Washington University--St.Louis / Cindy Kiel (Assistant Vice Chancellor for Research Services, Washington University in St. Louis) -- Research highlights / Raymond Tait (Vice Provost for Research Services, Saint Louis University) -- Highlight of the research programs at University of Kansas Medical Center / Paul Terranova (Vice Chancellor for Research, University of Kansas Medical Center