University for Missouri: Research, Creative Activities & Economic Development

>>Thank you all for being here. My name is Al Willsey. I work as a research assistant in the Philosophy
Department, and that’s where I’m a third year doctoral student. I serve as the treasurer of the Graduate Professional
Council, which is the student government for more than 7,000 graduate and professional
students on campus. The president of GPC wishes he could be here
today but he’s at home on bed rest for a minor injury. I keep trying to tell him that exercise is
dangerous. So it’s my pleasure to welcome you all here
today. I first came to Mizzou from Kansas City in
2011 as an undergraduate pursuing mathematics. As part of my STEM degree, I was required,
though I prefer to interpret that as encouraged, to take humanities courses in the College
of Arts and Science. It was this encouragement that led me to take
philosophy classes from logic to philosophy of mind. This selection of courses inspired me to take
an extra academic year of coursework just to get an extra degree, one in philosophy. And now I’m continuing along in that field
at the graduate level. I’m grateful to Mizzou that there is so much
opportunity present on campus that we’d never expect. And I’ve been able to follow that opportunity
into a new career path. I’m also grateful that Mizzou has been able
to offer me a tuition waiver and stipend to keep me around. I would not have been able to pursue my graduate
degree at this institution nor serve my fellow students without the financial package offered
to me. As treasurer of the graduate professional
student government, I’ve had the opportunity on a couple of occasions to speak with Chancellor
Cartwright in person. The GPC leadership has seen the Chancellor’s
dedication to furthering students success. What has been of particular importance to
me is the Chancellor’s dedication to pursuing genuine innovation in how we train, utilize
and place our graduate professional students. As Missouri’s only public R1 AAU university,
finding dynamic and innovative ways to make graduate professional students more central
to Missouri’s sense of identity offers significant opportunity just waiting to be capitalized
on. As a graduate student leader, I look forward
to working with the Chancellor in the future. But without further ado, I’m pleased to introduce
the man himself, Chancellor Alexander Cartwright. [ Applause ]>>Thank you Al for that introduction, and
thanks to all of you for being here today, both in the auditorium and listening online. Al spoke of many of the things that make Mizzou
a great institution – and his experience is an example of the opportunities provided to
both graduate and undergraduate students as part of a public research institution. By working with our faculty, students at Mizzou
have a unique opportunity to gain an outstanding education, whether they are working on a philosophy
doctorate, an M.D. degree, an engineering degree, or any other degree at MU. In November, after my first 100 days at Mizzou,
I shared with you our renewed commitment to supporting student success. Today, after a little more than 200 days here,
I want to focus on some of the ways Mizzou makes a positive impact on the state, the
nation and the world. And, I want to share with you how we will
increase this positive impact through our research, our creative activities and through
our ability to drive economic development. There are many things that make a great institution
like Mizzou exceptional. We are a public institution, an AAU institution
– one of only 32 publics in the country. We are classified as a Carnegie 1 research
institution, the highest level. We are a land-grant campus that is accessible
to the people of the state, a campus that extends its knowledge out to the people through
Extension. We are a Midwestern institution, with strong
Midwestern values, and a member of the SEC. All of these things help define who we are,
and what we are able to do for our state. But what really makes us exceptional are our
people. It is our students, and it is our faculty
and staff who contribute to our mission of teaching, research, creative activities, service
and economic development in their work every day. And we have the tremendous support of our
alumni, our supporters and our friends across the state, nation and world. Today, we are going to explore the areas of
research, creative activities, and economic development. I’ll share some successes, and also share
my thoughts on where we plan to go in each of these areas. And what I want to show, as we go through
each these areas, is the significant impact Mizzou has on society today, and how we can
have an even greater impact in the future. That impact begins with the quality and breadth
of the scholarship of our faculty. They are shaping views on economics, politics
and society. They enrich our lives through the arts and
humanities. They are able to develop solutions to the
world’s grand challenges – food, water, health, and others. And they engage our community – both on and
off campus. Our faculty truly are thought leaders. They have received more than 400 major national
and international awards. Six are National Academy of Inventors members
and six are National Academy of Sciences members. And they are prolific in publishing – more
than 500 books in the last ten years. And 600 conference proceedings in the last
three years. And more than 7,000 articles published during
the last three years, which are cited numerous times by other researchers in their field. And there’s even more I can brag about – and
I do believe we need to brag more about ourselves. Our faculty have helped Mizzou achieve national
and global recognition. We’re ranked number 1 in the world in the
area of animal reproductive physiology. We’re competitively ranked in accounting,
law, journalism, business marketing, nursing, Mizzou Online, and many other areas. But the impact we have on society doesn’t
end with the faculty. Consider what our students contribute – nine
Fulbright grants in 2017. Mizzou juniors selected as prestigious Truman
scholars nationally each of the past three years for their commitment to public service. Nearly 100 students interning in state and
federal government offices each year. Our students served more than 1.7 million
hours in the community last year. And 500 undergraduate students participated
in research. You can see some of these students and their
work in the atrium after this talk. Now, we just went through a lot of numbers. And I have to warn you that this talk is full
of numbers. I didn’t just show you these numbers to brag,
although bragging about Mizzou is an important part of my job. I don’t expect you to remember all of these
numbers but I use these numbers to quantify the significant impact of our faculty and
students at Mizzou, across the state and around the world. Our impact is amplified by the support of
our tremendous supporters – many of whom are our alums. Our donor supported signature centers of excellence
enable our internationally recognized scholars to impact the world. These centers include the Kinder Institute,
the Reynolds Journalism Institute, the Thompson Center, the Novak Leadership institute and
the Murray Center for Documentary Journalism, among others. The impact of Mizzou is the result of the
outstanding work of our faculty, students and staff. I would like to highlight some of the individual
examples of their incredible contributions. Autism is a spectrum of closely related symptoms
involving behavioral, social and cognitive deficits. Early detection is key to producing the best
outcomes. At Mizzou, a multi-disciplinary team including
Chi-Ren Shyu, in the College of Engineering, created a new method to identify several target
genes for autism. Using advanced computational techniques as
well as the capabilities of the National Science Foundation (NSF)-funded big data center at
Mizzou, Shyu and his team were able to identify 193 new candidate genes. Judith Miles, professor emerita of child health-genetics
at the Thompson Center, says that these new targets are ones that she and her fellow geneticists
might not have considered previously. Funding for the project was also provided
by the National Institutes of Health (NIH) as well as the Simons Foundation in New York. The decline in wild and managed bee populations
is threatening the pollination of flowers in more than 85 percent of flowering plants
and 75 percent of agricultural crops worldwide. Widespread and effective monitoring of bee
populations could lead to better management; however, tracking bees is tricky and costly. Candace Galen, professor of biological science
in the College of Arts and Science, developed an inexpensive acoustic listening system using
data from small microphones in the field to monitor bees in flight. The study shows how farmers could use the
technology to monitor pollination and increase food production. The team is even developing a smartphone app
that records bee activity. Many middle school students can be at a disadvantage
when it comes to learning science, technology, engineering and math principles. For learners with disabilities and those from
culturally and linguistically diverse backgrounds, understanding these principles can be especially
challenging. To address this, Delinda van Garderen, professor
and director of graduate studies in MU’s Department of Special Education; and Bill Folk, professor
of biochemistry in CAFNR and the School of Medicine, have applied understanding of these
principles to improve professional development for teachers and assess the materials they
are using for instruction. This is funded by a $1.25 million NIH grant. Spinal muscular atrophy with respiratory distress
type 1 (SMARD1) is a rare genetic condition with a high mortality rate that develops primarily
between the ages of six weeks and six months. It targets the spinal cord and leads to atrophy
of body muscles and paralysis of the diaphragm, which is responsible for breathing. The average life expectancy is 13 months,
and it affects 200,000 people in the U.S. Currently, there is no cure or effective treatment
for this disease. Chris Lorson, a professor of veterinary pathobiology,
has spent decades studying this disorder. Chris and his team, through funding from the
NIH and the Silas Warner and Catherine Sims Families, developed a gene replacement therapy
that can be used to treat and control the disease in the future. Chris’ research highlights the power of translational
precision medicine that I will discuss later. It is exciting to see the work we are doing
on the creative side as well. Art on the Move provides professional opportunities
for students to interact with the public exhibitions, workshops, and internships, while they’re
still in school. This effort is part of the new School of Visual
Studies in the College of Arts and Science, which realigned programs in art, art history,
film studies and digital storytelling. This interdisciplinary approach has resulted
in a significant number of students seeking these majors. In the School of Medicine, our Functional
Assessment Screening Team is developing motion analysis technology in areas such as sports
medicine, physical therapy, strength and conditioning, biomechanics and computer science to improve
the health and well-being of patients – including athletes – by identifying risk factors for
injury, tracking rehabilitation outcomes and optimizing athletic performance. This program is housed in our newly expanded
Missouri Orthopaedic Institute. Another great example of collaboration can
be seen in the iLab initiative. The iLab is a virtual reality facility, housed
in the College of Human Environmental Science’s Architectural Studies area, that enables stereoscopic
3-dimensional (3D) visualization and design collaboration. These collaborations involve engineering,
medicine, the Thompson Center for Autism, journalism and more. TigerPlace is a 33-unit housing facility built
by Americare Systems, Inc. in collaboration with the MU Sinclair School of Nursing. A high-tech independent housing facility,
TigerPlace allows elderly people to age in place through the end of life, maximizing
independence and function. It is a state-of-the-art eldercare facility
where residents volunteer to participate in research projects that help to advance care
practices. As an example, researchers at the University
of Missouri have been collaborating for the past 14 years on a project aimed at helping
to prevent the nightmarish scenario of an elderly person falling and lying injured for
hours before help arrives. “The eldertech team,” as it’s been nicknamed,
is an interdisciplinary group of remarkable scale, with researchers from multiple fields
such as engineering, veterinary medicine, nursing, medicine, health professions and
other areas working closely together. Marjorie Skubic, professor of electrical and
computer engineering, is leading the effort on the engineering side. To predict falls, researchers used data collected
from sensor systems at TigerPlace. The system generates images and an alert email
for nurses indicating when irregular motion was detected. This information could be used to assist nurses
in assessing functional decline, providing treatment and preventing falls. As we go through these examples, you see how
we have faculty who are on the cutting edge of their fields. They are discovering new knowledge that benefits
society. And we often say that our professors not only
teach from the latest books, they write them. These are just a few of the dozens of books
that our faculty publish each year. We also find achievements in professional
divisions such as the School of Law. Our MU Board of Advocates won the American
Bar Association regional championships in client counseling and arbitration. Our MU Black Law Students Association have
advanced to the National Frederick Douglass Moot Court and the National Thurgood Marshall
Mock Trial competitions. We have many incredible faculty at Mizzou,
and here’s a great example. MU bioengineering Professor Sheila Grant,
who also serves as associate dean of research at the College of Engineering, has been named
a 2017 Fellow of the National Academy of Inventors (NAI). Election to NAI status is the highest professional
accolade bestowed to academic inventors. This is just one of many accolades that Dr.
Grant has received during her career. She holds seven U.S. patents related to sensors,
nanomaterials and biomaterials and holds many international patents. Three of her technologies have been licensed. She is the founder of three startup companies,
and she has published more than 100 peer-reviewed research articles. When we think of research and creative activities,
we often think of the faculty, along with their staff who support the efforts. But at Mizzou, these activities are a big
part of graduate and undergraduate experiences. Let’s look at some examples of how research
and creative works support our graduate and undergraduate students. We are able to connect research with many
of our teaching activities at MU. Whether it is in agriculture, medicine, music,
history, teaching or business, hands-on experiences based on our faculty’s scholarly expertise
are what make a Mizzou unique and give our students a competitive edge, whether in the
work force or in advanced studies. Consider the example of Alexa Thein, one of
many students working with Dr. Michael Marlo and Dr. Rebecca Grollemund who are both in
English and Linguistics. Alexa was one of four undergraduates who traveled
to Kenya this past summer to do linguistics field work as they document and analyze Bantu
languages, which have many dialects spoken throughout most of the continent. And here is Dr. Ruchi Bhattacharya and Dr.
Terrell Morton, both post docs who won a 2017 Student Teaching and Learning Research Grant
for their exploration of learning to think with data in a graduate statistics course. She is an aquatic biogeochemist and quantitative
ecologist in the School of Natural Resources, and he is a scholar in the College of Education. During the reception after my talk, I invite
you to visit the Mezzanine area just upstairs here at Bond Life Sciences Center, where you
can see displays of the work of our faculty and students. These displays include work in many areas
– linguistics, anthropology, art, biochemistry, mathematics, architecture – and are examples
of innovative exploration taking place across all of our schools and colleges. Please take time to check this out and to
talk with our students and faculty about their work. I believe that one of the most powerful ways
we can thrive as an institution, and increase our external recognition as thought leaders
among our AAU and Research 1 peer institutions is by bringing people together. In 2010, MU began investing strategically
to amplify our areas of expertise through the Mizzou Advantage program. This program focused our research efforts
in five key areas: One Health/One Medicine, Sustainable Energy, Media of the Future, Education
and Food for the Future. You can see the leaders from each of these
areas on the slide. We have seen several outcomes from Mizzou
Advantage, including the work of the Aaron Ericsson with the MU Metagenomics Center;
the Based on a True Story Conference led by former Chancellor Brady Deaton; Bill Ma’s
Oscillating Pipes research that led to a new company; Twyla Gibson’s work in the digital
humanities, and a Summit on universities fighting world hunger led by Sandy Rikoon in Human
Environmental Sciences. Our Mizzou Advantage investments of $12.12
million have resulted in more than $49 million in external support, including more than $42
million in grants and more than $4 million in donations to support the program. I believe we have several individuals who
are part of Mizzou Advantage, along with many of the staff, who helped with this program. I’d like to take a moment to recognize our
entire Mizzou Advantage team for their work. Please stand up. [ Applause ] Thank you for your contributions to this important
program and for your efforts to promote the incredible work of our faculty, staff and
students. Here we can see our research expenditure trends
at MU over the past few years. It has been a challenging environment for
all research institutions during this time. The federal government has decreased funding
to some agencies which in turn reduces our access to funding. Moreover, real growth of research funding
has stagnated. We must all become more competitive. This graph of our Higher Education Research
and Development expenditures shows that our research expenditures have increased slightly
during this challenging time. So while I’ve gone through many examples of
successes and outcomes, we want to do more Creative activities are critical to the advancement
of our society. We value the arts, music, theater, humanities
and how they impact our lives. Today I am announcing plans to launch an artist
in residence program at Mizzou that will bring exciting artists and creative thinkers here
to share their expertise with our faculty, staff and students and the public. I’m asking the Dean of the College of Arts
and Science to lead this university wide effort and an associated showcase event. To further explore the contributions creative
arts bring to our lives, we will reimagine the chancellor’s showcase to provide dozens
of examples of creativity by our students, faculty, staff and the community. I look forward to seeing what ideas our campus
community brings forward toward this concept. Curators’ Professors hold the highest and
most prestigious academic rank awarded by the Board of Curators. Recipients are outstanding scholars with established
reputations. We are going to set up a new Academy of Curators’
Professors. This will feature many of our best and brightest
researchers. I’m asking the Provost to take the lead in
organizing them in a way that provides more interaction with junior faculty and scholars,
and enables them to share their expertise with a broader range of our community. John Jones, a Curators’ Professors participating
in this Academy, will serve as a resource for the entire university, providing guidance
and mentorship to students and junior faculty alike. I am committed to increasing opportunities
for students and faculty to receive national recognition awards for their excellence. Our faculty and students are doing amazing
things, and we will prioritize helping them gain national awards of excellence, recognition
and appreciation they deserve. I am asking the Office of the Provost to have
a renewed effort in nominating our students and faculty for prestigious recognition awards. We are announcing an effort today to explore
alternative career pathways for graduate students who choose not to enter the academy after
completing their degrees. I know that our graduate student leaders have
been thinking about the “alt-ac” approach many students take, and they have some great
ideas of how we can better prepare and support these students as they enter the workplace. I’ve asked our office of Graduate Studies
to work with our graduate student leadership to further develop their concepts and to establish
a much needed resource for “alt-ac” careers for graduate students. Today I am announcing a new goal for MU to
double our external research funding in the next five years. Achieving this goal allows us to support our
pathbreaking work that contributes so much to society. We have much work to do as we develop strategies
to achieve this. I ask that we all work together to achieve
this goal. This chart shows our funding totals among
our peers in the AAU. We currently have just a little over $250
million in expenditures, which puts us in the lowest quartile. To reach the third quartile, it would require
an increase of more than $102 million. Doubling of our external research will enable
us to move into that third quartile. To be able to accomplish this, we need to change and re-align our research organizational structure for success. Collaboration allows scientists and scholars
to leverage specific skills to advance the sorts of interdisciplinary, multi contextual
projects that are increasingly the norm in our rapidly changing and enormously complex
research and development environment. I am announcing today the creation of a new
Office of Research Advancement. This office will provide the infrastructure
to help us more successfully pursue large interdisciplinary grants AND other grants
that we have not traditionally received. For example, this office will help in pursuing
NSF science and technology centers, or new National Endowment for the Humanities grants. This office will help develop grant writing
skills and provide professional editing for the large center level grants. The Office of Research will lead the effort
to create this support office. The goal of clinical trials at MU is to uncover
more effective treatments for Missourians living with illness. My goal is to leverage our clinical infrastructure
so we can double – or more — the funding of clinical trials at Mizzou. This effort will further advance our clinicians
and MU health, as leaders in clinical care. The School of Medicine and MU Health Care
researchers are currently working on more than 500 clinical trials at various levels
of recruitment and progress. These trials delve into a variety of illnesses
and diseases ranging from autism and cancer to chronic pain management and obesity. The University of Missouri’s Participate in
Discovery Initiative takes the pursuit of breakthroughs further, asking community members
to play a significant role in health research. By signing up, Missourians can play an active
part in research studies, creating a database of people willing to participate in research
that aligns with their interests. Clinicians and researchers will have a ready
source of participants willing to answer telephone interviews, complete surveys or participate
in clinical trials. By getting involved, Missourians can become
partners in the future of our state’s health as we become a national leader in health research. The MU College of Veterinary Medicine uses
clinical trials to advance treatment of the animals we love. From cancer and vaccines to antibiotics and
vitamin D, their work aims to figure out whether or not promising laboratory results can solve
real-world problems with disease in animals and occasionally works to see whether this
work can translate into humans. I look forward to seeing many more examples
on campus in the next five years. Core facilities like our Bond Life Sciences
Center and our Metabolomics Center help to expand the scale and scope of MU’s collaborative
research enterprise, making it easier for MU researchers to network with other research
centers, scientists and scholars nationwide. These research centers also spur the sorts
of exciting ideas and innovations that federal, state and industrial funding agencies are
eager to support. Spaces like these help our faculty scientists
and scholars “think bigger” and envision new, innovative and comprehensive centers of discovery. These facilities provide access to expensive
equipment that single labs or departments would find difficult or impossible to support
individually. By pairing that with specialized expertise
from dedicated scientists, they play a significant role in getting research from hypothesis to
published discovery. Centers like the Christopher S. Bond Life
Sciences Center take shared facilities in a different direction. Designed with teamwork in mind, this center
provides facilities and a culture of sharing to a pool of high-achieving scientists across
divisions. This culture allows researchers to form collaborations
to solve problems in human and animal health, the environment and agriculture. Engineers are working with cancer biologists,
plant scientists with biomedical researchers, lab researchers with field biologists, and
information technology experts with biologists. We’re also training the next generation of
collaborators through undergraduate and graduate research. Facilities like the University of Missouri
Research Reactor (MURR) support scientific advancement through its 10-megawatt facility,
the most powerful university research reactor in the country. MURR supports the research of about 400 faculty
and 150 graduate students from around the world. These researchers represent more than 100
universities and about 40 federal and industrial labs. The National Swine Resource and Research Center
was established in 2003 to develop the infrastructure to ensure that biomedical investigators across
a variety of disciplines have access to critically needed swine models of human health and disease. The Center also serves as a central resource
for reagents, creation of new genetically modified swine, and information and training
related to use of swine models in biomedical research. We will work to attract 3 to 5 additional
externally funded national research centers in the next 5 years. National Science Foundation, National Institutes
of Health, and other federal agencies all have competitions for centers that address
some of the nation’s most complex challenges. These multidisciplinary national centers break
down walls and eliminate barriers, act as a shared resource for our scholars and help
us to attract additional grants and gain prestige. One of the biggest examples of our opportunity
to do this is through the planned Translational Precision Medicine Complex. Translational medicine “translates” advancements
made in lab into new drugs, devices and treatments that improve human health using the bench-to-bedside
model. Think about it….this enables us to deliver
customized patient care based on an individual’s genetics, environment and lifestyle. The TPMC will bring together industry partners,
multiple schools and colleges on campus, and the federal government to advance precision
medicine through new diagnostics and therapies and create new companies based on these innovations. Our new Translation Precision Medicine Complex
will serve – along with already well-established facilities such as the Bond Life Science Center
– as exemplars of this crucial change in our research culture. So far, this project has already featured
collaboration with the Cerner Corporation, the Tiger Institute for Health and MU Schools
and Colleges of Medicine, Engineering, Veterinary Medicine, Health and Environmental Sciences,
Arts and Sciences and the Research Reactor. The TPMC will help MU emerge as a global leader
in biomedical research and will maximize opportunities for external grant funding. It will also enhance our ability to recruit
and retain the most talented researches. As we pursue the TPMC, we want to avoid the
traditional, siloed approach where functions or disciplines are housed in one prescribed
area. Instead, we will work to integrate different
functions to better support collaboration and cross-pollination of ideas. Today I am also announcing Mizzou Innovates,
an annual competition that will focus on engaging our students, faculty, and staff in identifying
and proposing, and hopefully demonstrating, solutions to the grand challenges in our state,
country and world. Solutions to these complex challenges require
multidisciplinary approaches that include our research and creative activities. Examples in our state are access to broadband,
or providing better health care in rural areas. In the world they include feeding the world
in 2050 – something that Missouri can contribute to in a significant way. This effort will encourage innovation and
entrepreneurship in solving problems that improve our lives. Earlier this month, Dr. Mark McIntosh and
many other leaders across campus traveled to Tarkio in northwest Missouri to participate
in discussions around the opportunities and challenges around putting up wind turbines
in that community. The group visited with community stakeholders,
met with Missouri Farm Bureau President Blake Hurst and toured various sites in and around
Tarkio. It was an excellent opportunity to seek out
ways in which MU can provide research-based solutions to help the decision-making process
in local communities related to clean energy and wind turbines. Partnerships such as these can help the state
and local communities leverage the tremendous resources Mizzou can provide and can fit within
the Mizzou Innovates concept. As part of the Mizzou Innovates Challenge,
we will host a symposium where people can come together to learn more about grand challenges
and hear about proposed and realized solutions developed by our faculty, students and staff. I have asked the Provost to determine the
structure and process of this initiative. It should be an opportunity not just to lend
our expertise to help solve challenges, but also a way to connect the University and the
community and to communicate all the ways our scholarship helps society. Up until now, I have talked a lot about
research and creative activities. And you can probably see the former Vice President for Research and Economic Development in me. I wanted to talk about everything that we do. But what I want to talk about now is to shift to discuss how our in
education, research and creative activities impact the economy of the local community,
state and world. Our alumni represent a wide reach. We have more than 130,000 in Missouri, each
contributing in their own way in every county. And our alumni represent Mizzou across the
country. And across the world. As a very specific example of economic impact
of these alums, more than 2,000 physician alumni of our School of Medicine currently
practice across the state of Missouri, from the most rural areas to the more urban ones. It is estimated that each of these physicians
contribute on the order of $2.1 million annually to the economy, for a total impact of $4.3
billion. We have noteworthy impacts in other health
related areas as well. 245 students graduated from our nursing school
since December 2016, and more than 73% of these nurses are now employed in Missouri
with an average starting pay of $48,000. We can think of many ways we impact the economy. Indeed, it is part of our four-part mission
of teaching, research, service and – economic development. Here are just a few examples, from grants
to partnering with industry to attracting private gifts. And most importantly, the impact of over 8,000
credentials we award to students who graduate from Mizzou each year. Many of these students enter the workforce
and others continue on to get even additional degrees. Then there are the tremendous contributions
our journalism faculty, staff and students make in their daily work with KOMU-TV, KBIA
Radio, the Missourian and other news and magazine offerings, and Ad-Zou, a group of talented
students that develop marketing and advertising campaigns for companies across the nation. And the arts and humanities provide economic
impact. A 2015 study in Columbia found that arts and
culture generated more than $14 million in local economic activity in areas such as the
arts, humanities, theater and music. Much of that is related to the University,
and we all benefit. Here, we provide our students with an opportunity
to learn with others in a diverse setting. According to a McKinsey study that recently
came out, businesses and organizations that are diverse in terms of gender and ethnicity
are much more successful financially than those that are not. Today’s employers and industry leaders want
students who are ready to work with others to embrace a global economy. We provide that. In the past year, under the leadership of
Dr. Kevin McDonald, we have developed a new inclusive excellence framework that shapes
the steps organizations or institutions can take to provide their employees or members
with opportunities to become more successful in today’s global marketplace. Kevin’s framework has been embraced by several
different organizations. So what does this mean to the University? It means our students are prepared for success
– no matter what their area of study. That is why more than 5,500 employers recruited
students on campus last year. We expect there to be even more this year. The examples I’ve shared this morning of work
taking place at MU help illustrate how our Research Enterprise is a powerful economic
engine. Consider that we have annual expenditures
of $200 million for research. We bring $16.9 million in fee-for-service
revenues and license $8.9 million from technology. The UM System is currently completing a study
that will provide much more detail on the overall impact of the University on the state
and nation. We expect the results of that study to be
released in the next month. MU has a robust entrepreneurial ecosystem
made up of education and training, corporate engagement, and research innovations. This ecosystem has enabled us to launch several
companies. Here are a few of the recent examples. We plan to have many more in the future. There is a clear correlation between innovation
and economic growth. However, research discoveries and innovations
are worth very little unless they enter the marketplace where they can provide societal
and economic growth. The innovation ecosystem at MU includes the
management of our intellectual property, translational research like the Coulter Program, industry
partnerships and for entrepreneurs. Finally, I want to give an example of recent
success of one of our students who started their own company. Consider Bea Doheny, who is majoring in business
in the Trulaske School of Business. She has always loved the solar system and
has a keen eye for fashion and a passion for arts and crafts. In 2016, she launched AstronoBEAds, a jewelry
business with a space theme. She has shipped hundreds of accessories all
over the world. Here are examples of additional products made
possible with MU innovations/intellectual property. They have had a far-reaching impact. Heartburn sufferers find relief from Zegerid,
a medicine that combines a proton-pump inhibitor acid blocker with an antacid. Net sales have exceeded $1.3 billion worldwide. MU’s soy-based meat substitute that replicates
the taste, texture and appearance of chicken helped launch Beyond Meat, a plant-based meat
company that has products in 19,000 stores and restaurants. More than four million patients have benefited
from OBERD, the world’s largest orthopedic outcomes database. OBERD enables physicians and hospitals to
collect the data they need to make better patient-care decisions, ultimately improving
health outcomes. The company has clients in 34 states, including
four of the nation’s top five orthopedic hospitals. Market forces require the university’s ecosystem
to be dynamic and continually evolve. We are in the process of re-envisioning how
we fulfill our economic development mission at Mizzou. For example, we plan to invest more heavily
in industry relationships by providing new opportunities for them to have a presence
on campus and for their researchers to collaborate with ours. Indeed, Mizzou is open for business. And that means we must partner with businesses
and the state to understand their needs and ensure that we are preparing students for
the opportunities that exist today and in the future. And we serve the state through MU Health Care. Representing a third of our overall budget,
MU Health Care reaches all corners of our state, and served more than 216,000 patients
last year. These numbers reflect the significant impact
of this important part of the institution. As part of our mission, we serve patients
from every county in Missouri. This is particularly true for the patients
in the 25-county service area you see here in gold. Taken in total, MU Health Care contributes
more than $3 billion to the state’s economy. Economic impact can also be measured through
the work of Extension and its business development program. From 2015 to 2017, our Extension’s Business
Development Program helped create more than 800 new businesses and gain $347 million in
new investments. 29,000 jobs were created or retained with
Extension’s help. Our research centers can be found across the
state, with each one drawing on expertise that relates to issues facing the region. The University draws Missourians from across
the state and beyond. A good example is the Agriculture Research
Centers, which drew 36,000 people to field days and other activities last year. To give you an idea of just how valuable the
Extension programs are to Missouri…for every dollar invested, the University creates an
$11 return on investment. This translates to a $945 million in economic
impact annually. This is one of the best returns on investment
you will find anywhere. And, who can deny the powerful economic contributions
we create through our athletics programs? Eight of our teams are ranked in the top 25
nationally, we’re part of the SEC, and anyone who has attended a women’s or men’s basketball
game lately knows that the fan base continues to grow. Not to mention the return of our football
team to a bowl game last year and our volleyball team reaching the NCAA Sweet 16 for the second
year in a row. This success on the field and the courts means
economic success for Missouri – we estimate the economic impact of our SEC activities
is more than $294 million. And with all of these successes, we still
want to do more! We are re-envisioning what the Library of the
Future may look like, and how we can leverage the library to provide even more support for
innovation and creative activities. How we use these spaces is changing, and we
are excited about what that will look like at Mizzou. We look forward to continuing to work with
Ann Riley to envision the library of the future. And new facilities for the School of Music
will provide space for the creativity of our students and faculty who compose, perform
and study music. As we re-envision MU Extension and Engagement,
Marshall Stewart is reorganizing our structure. This will enable us to leverage connections,
research and knowledge across Missouri, recommit to community-based local and regional roots,
and collaborate with rural and urban communities on economic development issues specifically. We are calling it All Things Missouri. Extension is strengthening its data mapping
and reporting system to better determine community needs based on demographic data. A University Impact web site is being developed
to bring valuable knowledge and resources directly to communities. So all of these things we describe come together
to benefit Missourians and the world in a way that only a public research and land grant
university can provide. It takes being engaged, it takes thought leadership,
it takes a determined work ethic. It means taking chances and thinking outside
the box. That sounds a lot like Mizzou to me. Earlier I described the concept of Mizzou
Innovates – a way of bringing together the heads of all of the people here at Mizzou to solve challenges. But it won’t end with that. We have a responsibility – indeed it is part
of our mission — to see these ideas move forward to new companies, products and services
that benefit society. It will take all of us to do that. Clearly, these challenges will require us
to re-envision what we think of as economic development at Mizzou. It means public-private partnerships. It means working with business and industry. It means collaboration, and funding entrepreneurial
activities. I’m ready to join you in getting to work on this. Today, I’ve shared some highlights that stand
out to me around the research and creative activities taking place here, as well as the
powerful impact we have on economic development. There are more great examples of this work
taking place right now in each of our 13 schools and colleges at MU and many of our business
units as well. I hope you’ll take a few minutes to visit
the student displays upstairs and talk with the talented undergraduate and graduate students
who are engaged in research and creative projects. As I mentioned at the beginning of my speech
this morning, it’s our people who make Mizzou exceptional. It takes our faculty, staff and students working
together to create this unique atmosphere of exploration, curiosity, hard work and collaboration. I want to take a minute to recognize our Deans
for their leadership making sure this University continues to provide the kind of educational
experiences our students should expect from an AAU, Land Grant, Research One university. Deans, can you please stand? [ Applause ] I’d also like to recognize Jonathan Curtright, who may not be here due to flu, and Marshall Stewart. So Marshall, you will have to stand all by yourself. [ Applause ] Their vision and leadership has helped us
continue to grow our ability to bring valuable services and information to citizens across
Missouri. In my first seven months here, I’ve been so
impressed by the incredible people on this campus and things we are accomplishing together. Let’s never lose sight of the power of Tigers
coming together to create something amazing that benefits all of us. Thank you. [ Applause ]

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