Economic Development
The goals set for the Indiana University Pervasive Technology Institute mirror those of Indiana University as a whole: excellence in research and education and engagement in the State of Indiana and our nation.
Economic development and encouraging education and training to create an effective 21st century workforce have been goals of the PErvasive Technology Institute and its predecessor - the PErvasive Technology LAbs, since PTL was formed in 1999. PTI recently published a report that summarized the economic development activities of PTL, PTI, and the Research Technologies Division of University Information Technology Services (which long collaborated with PTL and is now one of the several organizations affiliated with PTI). Among the key conclusions of this report:
- The Pervasive Technology Labs, Pervasive Technology Institute, and the Research Technologies Division of University Information Technology Services have collectively disclosed a total of 88 inventions to IURTC since 1999. Of these, 58 have been released as open source software products. IU has received several hardware grants-in-kind since 1999, with an aggregate value to IU of $6,012,958, as a direct result of releasing open source software. Open source software has been used within the state of Indiana and the US generally in the private and public sector, aiding innovation, health care, education, business management, and cybersecurity.
- PTI and its collaborators have provided direct aid to and collaborated with Indiana businesses. The Indiana Initiative for Economic Development was a two-year partnership among IBM, Indiana University, Purdue University, and the Indiana Economic Development Corporation. IU assisted four Indiana companies through this program. IU continues to collaborate with one of those companies (Cummins, Inc.) through the FutureGrid project and collaborations with the Research Technologies Division of UITS.
- PTI has aided south-central Indiana by winning grant awards that bring money into the area and create jobs.
- As of June 1, 2011, there are 54 staff members employed in PTI whose positions are funded by grants and contracts. More than 437 FTE-years of employment in Indiana (that is, years of full time equivalents of employment) have been created as a direct result of grant and contract awards to PTI.
- Another view of job creation can be had through use of the economic models that include direct and indirect expenditures of grant monies within Indiana. An economic model recommended by the Indiana Business Research Center, used carefully and conservatively, suggests that grants awarded to or enabled by PTI and its collaborators have facilitated the creation of 2,705 full time job-years of employment in the state of Indiana.
Since the start of IPCRES in 1999, the Pervasive Technology Labs,
Pervasive Technology Institute, and their collaborators, aided by and
working with IURTC and the Indiana government, have contributed
substantially and meaningfully to economic growth and job creation in
Indiana. IU has contributed directly to the Indiana economy as a result
of support by the Lilly Endowment and innovation by IU researchers. The
Indiana economy is now faring better, relative to the US as a whole,
than it was in 1999 when the Lilly Endowment made a tremendous
investment in IU, informatics, and information technology. This
improvement in the relative standing of the economy of Indiana is at
least in part a direct outcome of IU's engagement in Indiana and efforts
to help build a 21st century knowledge economy in the state.
For further information see:
Stewart, Craig A.; Miller, Therese. 2011. Economic development by the
Indiana University Pervasive Technology Institute, Pervasive Technology
Labs, and the Research Technologies Division of University Information
Technology Services September 1999 - June 2011: a public report.
http://hdl.handle.net/2022/13559