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Source: The New York Times. Changing the Trajectory of the Economy; Changing the Trajectory of Universities. Michael M. Crow / Arizona State University Milken Institute Global Conference April 2009. Source: International Monetary Fund. How do we improve the quality of life in
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Changing the Trajectory of the Economy; Changing the Trajectory of Universities Michael M. Crow / Arizona State University Milken Institute Global Conference April 2009 Source: International Monetary Fund.
How do we improve the quality of life in our communities?
How do we invent or reinvent whole industries?
How do we build new institutions?
Recovering egalitarian values in the economy Source: International Monetary Fund.
We need to radically rethink how access, excellence and impact come together in higher education.
Design aspirations for a New American University 01.Leverage Our Place 02.Transform Society 03.Value Entrepreneurship 04.Conduct Use-Inspired Research 05.Enable Student Success 06.Fuse Intellectual Disciplines 07.Be Socially Embedded 08.Engage Globally
Building institutions for innovation Meeting the challenges before us (Global Institute of Sustainability)
Building institutions for innovation Maximizing the societal impact of research (Biodesign Institute)
Building institutions for innovation Developing new industries (SkySong)
Building institutions for innovation Reaching new heights in creativity (Herberger Institute of Design and the Arts)
Building institutions for innovation Keeping pace with a changing world (Knight Center for Digital Media Entrepreneurship)
Obliterating the false dichotomy of access vs. excellence 16,000 new students added (while increasing diversity and graduation rates)
Obliterating the false dichotomy of access vs. excellence 500 new faculty added (while increasing percentage of Academy members)
Obliterating the false dichotomy of access vs. excellence 7 million square feet of academic space added (including 1 million of world class research space)
Obliterating the false dichotomy of access vs. excellence New locations added (including downtown Phoenix campus and SkySong, while increasing investment in existing campuses)
Obliterating the false dichotomy of access vs. excellence Research expenditures topped $300 million (joining the list of top 20 research universities without a medical school)
Obliterating the false dichotomy of access vs. excellence Significant investments from municipalities (while also receiving the largest private gifts in ASU’s history)
Courses Companies
Community Courses Companies Students
Community Economic Development Courses Companies Entrepreneurship Education Students
Community Economic Development University as Entrepreneur Courses Companies Entrepreneurship Education Students
Scaling Impact Preparing for an Arizona of 10 million people
Scaling Impact Producing 30,000 more college graduates in AZ each year
Scaling Impact Priming 650,000 K-12 students in Maricopa County
If we want the economyto be innovative, adaptive and high speed, then our universities will need to be as well.
Rethinking excellence, access and impact Excellence (inclusive) Impact (integrated) Access (broad)