Missouri Digital Heritage: Missouri’s State Wide Digital Portal - Haiying Qian
Academic Library & Economic Development Center Collaborate to Assist Local Inventors - Julia A. Martin
1. Academic Library and Economic
Development 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. 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. Highest Percent of Distressed Cities
• Ohio
• Pennsylvania
• New York
(Wolman, Hill, Blumenthal, & Furdell, 2008)
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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
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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)
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6. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 6
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
bachelor's degree or higher
– national average of 27.4%
(U. S. Census Bureau, 2009; Federal Bureau of Investigation, 2008;
U. S. Census Bureau, 2010b)
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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)
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9. 14
13
12
11 Annual
10
US Unemployment
Rate for
Ohio
9
Illinois
Indiana
8
Midwest States
Iowa
Kentucky
7
Michigan
6
5
4
3
2007 2008 2009
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10. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 10
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)
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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)
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13. Academic Library and Economic Development Center Collaborate to Assist Local Inventors 13
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. 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. 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. 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
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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. RGP's 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
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20. Launch's Clientele
• scientists, many with
doctoral degrees
• many faculty from regional
universities
• little theoretical or practical
business experience
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21. Inventors’ Library Resource Needs
• small business education
• market research
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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
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23. Book Topics for
Small 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. 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. 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. 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
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27. Launch Graduates
medication therapy for chronic illnesses
critical test result communication
satellite detection of bacteria
thin film solar cells
Seavival – emergency medical systems
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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
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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
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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 America's 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 America's older industrial area (pp. 151-
178). Washington, DC: Brookings Institution Press.
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