2020 Cohort
35
edits
Changes
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<span style="font-size:medium;"><span id="docs-internal-guid-ff27f80d-7fff-017c-969d-a7599cb7a45b"><span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Louisiana Tech University has many research centers on campus involving faculty, graduate, and undergraduate students that provide opportunities for developing new technologies. Encouraging innovation, establishing technological breakthroughs, and creating economic value for the region are all highly valued by the university and any opportunities to do so are encouraged. Research and economic developments of developed technologies are practiced within the College of Engineering and Science where many professors spend the bulk of their time. Here, they can lead research endeavors or run a side business (oftentimes with their graduate students) that make use of the technologies produced during research. The university has a system in place to retain a percentage of profits from technologies and patents developed with university resources, but it is not so large a percentage that faculty refrain from pursuing further development. Start-ups can be created and backed through the University Technology Business Development Center by having resources that can help entrepreneurs through every step of the business process.</span></span></span>
==Facilitating university-industry collaboration== <span style="font-size:medium;">A few years ago the university broke ground on the Enterprise Campus- a research park on campus whose goal is to utilize the intellectual and research strength of LA Tech along with industry partners to bring a wealth of economic development to the region. The centerpiece of the Enterprise Campus is Tech Point which provides space that is able to be leased to high tech companies and startups who employ students. Through the arrangement, companies have access to students who are learning the newest and best practices in their fields. This gives students the opportunity to graduate with multiple years of real-world experience and often sets them apart from other students who have only had academic experiences and summer internships. In addition to the Enterprise Campus, LA Tech has invested in and advocated for the development of the National Cyber Research Park in Bossier City (roughly 60 miles away) which is working to develop a knowledge-based workforce as well as technology research and development in the region. As well as the Enterprise Campus, Louisiana Tech also collaborates with many corporations like CenturyLink, John Deere, and NASA Stennis as well as many more. All of these partnerships enhance campus innovation and entrepreneurship which helps students build connections with companies during and after their collegiate years. </span>
==Engaging with regional and local economic development efforts==