We estimate that in its first 30 years, a new applied science campus in New York could spin off some 400 new companies and create more than 7,000 construction jobs and more than 22,000 permanent jobs. With this important applied sciences and engineering initiative, we will ensure that New York City will be at the forefront of America’s innovation economy for generations to come.
*Clarification (8/23/11): The land grant program referred to was created in 1862. In actuality, the University of Michigan was founded in 1817, although it did benefit from land grants.
This article was originally published with the title The Best and the Brightest.
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7 Comments
Add CommentDespite biblical and sentimental prejudice against them, great cities have always been the source of innovation and of civilization itself-- especially when the city is new, well located, and growing, and land is inexpensive, enabling the growth of small businesses. Silicon valleys do not spring up in city centers, but outside them where real estate is more reasonable. I think major growth in innovative industry in the New York area would take place not in Manhattan but outside the city proper, say in New Jersey or Connecticut.
Reply | Report Abuse | Link to this> "active companies founded by M.I.T graduates generate annual revenues of about $2 trillion."
Reply | Report Abuse | Link to thisAnd yet our idiotic immigration policies prevent many bright graduates to stay and work here. So we force them to go away and compete against US. Then again, how can we expect our Congressmen to understand this when we elect so many who don't even understand the difference between the science and mythology, astronomy and astrology....
In 1960 at Saratoga New York, I witnessed a lightning event that is turning out to be antimatter and reproducible. It is a new energy source to be challenged by none. Antimatter can float hundreds of times its weight and when stabilized in this form I have named Relativistic Perturbation Mantle , it has force fields. This new discovery will push the human races into the future with space travel from antimatter and float its vehicles to space, no launch. This is the beginning of Star Trek and the Jetsons Combined. New technologies and inventions will add to the economy of earth and add many new benefits. Being made of Liquid Oxygen, Its an available water and air provider for turning desert to Oasis. Starving countries wont be any more. This is what made our Atmosphere Ionosphere and now dimensional world as well.
Reply | Report Abuse | Link to thisNew York is already the cultural capital of the Universe. Want the best of the science-y world? The solution is simple: *pay* scientists (not to mention all of the people who support, translate, and promote scientific investigation, education, etc. -- which is beginning to look more and more like a charity than a serious global priority) enough to be able to actually live in New York.
Reply | Report Abuse | Link to thisIts a world of going where the needs are, paying for those things are difficult but I agree with you
Reply | Report Abuse | Link to thisI hope that magic discovery was patented. Although now that it has been 40 years I'm pretty sure the patent has expired. Weird how such an abundant energy source has been totally ignored for decades.
Reply | Report Abuse | Link to thisThe problem is that most of our politicians and business leaders are only minimally different than sociopathic criminals. This means that they will try to squeeze as much from everyone for their own personal benefit as they can. This is not conducive to decent pay for those in any career that actually produces value.
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