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January 14, 2013 | VOL. 49, No. 2
Global innovation drives new Pace dean BY JOHN GOLDEN jgolden@westfairinc.com
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mar Gupta brings to his new post at Pace University a vision of around-the-clock, globally dispersed workplaces and a zealous goal of collaborative innovation in technology that unites academia, industry and government and crosses traditional campus boundaries between learning disciplines. Already his vision and his goal are being applied at the Seidenberg School of Computer Science and Information Systems on Pace campuses in Manhattan and Westchester County. Gupta, a White Plains resident, arrived last August at Pace as dean of its computer science school from the University of Arizona, where students in the Eller College of Management voted him outstanding faculty member of the year in 2012. A Pace, page 6 Amar Gupta
Cuomo charts course for economic growth BY JOHN GOLDEN jgolden@westfairinc.com
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etting New York’s economic development agenda in 2013, Gov. Andrew M. Cuomo in his State of the State Address said the state will build upon the work of its 2-year-old regional economic development councils and partnerships with higher education to promote technology transfer into the marketplace and innovative enterprises financed in part by a new $50 million venture capital fund. The governor also proposed reforms to the state’s unem-
ployment insurance and workers’ compensation programs that he said will save businesses $1.3 billion while increasing jobless benefits to workers for the first time in 14 years. In a proposal likely to be opposed by some business groups, Cuomo said he would seek a $1.50 hike in the state’s hourly minimum wage, from $7.25 to $8.75 per hour. The governor in his annual address also said he will use the state’s 10 regional economic development councils to advance an “opportunity agenda” to bring poor communities more fully into New York’s economic revitalization effort. Each council will focus on one distressed community
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in its region and develop strategies that address the challenges of poverty and then enable the community to compete for state funding. Noting that many of the country’s major high-tech economic clusters owe their success to technology transfer, the governor proposed several steps to accelerate the commercialization of ideas developed in academia and create new businesses to take them to market. They include: Innovation Hot Spots: In a competitive process, 10 hightech incubators run by universities and the private sector Cuomo, page 6
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