Dean's Message   |   Spring 2004

Indiana's new economy based on
growth in life sciences

Other economic development initiatives include a partnership with the Indiana Soybean Board to create a professorship dedicated to soybean research; an Indiana Agricultural Innovations and Commercialization Center, funded by a USDA grant, to develop businesses that promote greater use of agricultural commodities; and federal funding to support corn-based, biofuel research.

Economic development is further enhanced by Purdue's Office of Technology Commercialization. Experts in this office assist university researchers in converting new technologies into business ventures and licenses for commercial and consumer products through a process called technology transfer (see “Research works”).

Future markets for Indiana farmers and rural businesses will come from the combination of new technologies and our agricultural base. These efforts will help position Indiana as a center for life sciences research and development, stimulating the state's economy and providing increased economic opportunities for agricultural producers.

Related links:

Purdue Agriculture

Purdue Agricultural Research Programs