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November 25, 2002
Source: Ken Ray, 503-221-7415
Oregon Council on Knowledge and Economic Development Approves Report for
Governor, Legislature
Portland, Ore. - The Oregon Council on Knowledge and Economic Development (OCKED) approved its official report
to the Governor and the 2003 Legislature, outlining economic development policy and funding recommendations, at
its meeting held Monday, Nov. 18 at Oregon State University in Corvallis.
The report addresses short-term and long-term strategies to enhance Oregon's economic competitiveness in a knowledge-based
global economy. The Council focused its efforts on three areas that drive quality job growth and economic development:
Research and technology transfer - increasing the capacity for high-quality research and development, translating
that research into commercial applications, and increasing the value and economic benefit of research and technology
transfer;
Capital and business formation - increasing the amount of pre-seed, seed and institutional venture capital available
to emerging businesses, especially in the technology and bioscience sectors, and developing programs and incentives
to deepen management expertise and attract and retain top management talent;
Knowledge and workforce development - raising Oregon's commitment to excellence in educating and training its knowledge-based
workforce, expanding capacity to meet the growing demand for well-educated knowledge-based workers, and providing
expanded education and training opportunities in all areas of the state.
"The Council has developed a set of innovative ideas that will keep Oregon competitive over the next decade and
beyond. Our recommendations recognize that we are facing a shift in economic development strategies that focuses
on developing, retaining and attracting people with ideas that we can nurture to become leaders of Oregon's next
generation of businesses," said Allen Alley, president and chief executive officer of Pixelworks, Inc. and the
chair of OCKED. "The Council's proposals emphasize shifting our focus and strategy and making strategic investments
that will generate high returns."
The full report will be presented to the Governor and to the Legislature before the end of this year, as required
by statute. OCKED will also present its findings to Gov.-elect Ted Kulongoski and leaders of the 2003 Legislature
to encourage legislative support for its recommendations.
OCKED was established by the Legislature in the 2001 regular session to identify economic development opportunities
and advise public officials and various state agencies in the promotion knowledge-based economic development in
Oregon. OCKED consists of private sector leaders, legislators, educators and economic development officials who
have come together to identify short-term and long-term policy and investment initiatives to promote sustained
economic growth in Oregon.
In addition to Alley, members of OCKED include:
- Anne Bunnenberg, president and sales manager of Electrical Geodesics Inc., Eugene
- Rep. Tom Butler, R-Ontario
- Sen. Ryan Deckert, D-Beaverton
- Randall Edwards, State Treasurer
- Scott Gibson, chairman of Gibson Enterprises, Portland, representing the Oregon
Health and Sciences University board
- Sen. Tom Hartung, R-Portland
- Jim Johnson, retired Oregon site manager for Intel, Portland
- Rep. Al King, D-Springfield
- Jill Kirk, partner, Lindberg/Kirk/Millar, Portland, representing the State Board
of Education
- Keith Larson, Intel Capital, Hillsboro
- C. Frost Lee, founder and chief executive officer of In-Med, Bend.
- Jim Lussier, president and chief executive officer of St. Charles Medical Center,
Bend, representing the State Board of Higher Education
- Dwight Sangrey, Pacific University trustee and former president of Oregon Graduate
Institute, representing independent colleges
- Carl Talton, vice president, community and business development, Portland General
Electric, representing the Oregon Economic and Community Development Commission
Full copies of the report (in .PDF format) are available online at http://www.ous.edu/cpa/OCKED/OCKEDfinal2002report.pdf
or by contacting:
Oregon University System
Office of the Vice Chancellor for Public Affairs
PO Box 751
Portland, OR 97207
503-725-5700
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