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Thursday, June 01, 2006

An MBA for Einstein

Industry is driven by technology, technology is created through research, and research is conducted at Universities.

The USTAR Initiative promises to turn cutting-edge academic research into Utah's next generation of economic engines.

The Guv said,
USTAR represents the future of Utah’s economy and our long-term commitment to capturing our unique competitive advantages as a State.

[The USTAR] board truly represents the finest professionals available to implement this important initiative.
We agree.

Today, Governor Huntsman, Senate President Valentine, and House Speaker Curtis announced their nominees for the USTAR Board.
  • Scott Anderson, CEO, Zions Bank
  • Hunter Jackson, Ph.D., former CEO, NPS Pharmaceuticals
  • Cathy A. Petti, M.D., Medical Director, ARUP Infectious Diseases Laboratory
  • Dan Olsen, Ph.D, Professor, Brigham Young University
  • Dinesh Patel, Ph.D., Partner, Vspring
  • Charlie Precourt, Vice President, Advanced Strategic Programs ATK Launch Systems Group
  • Jack Sunderlage, President and CEO, Contentwatch
  • Jim Dreyfous, Partner, UV Partners
  • Ed Alter, Utah State Treasurer
Short bios of the nominees are attached to the bottom of the official press release.


Blogger The Senate Site said...

Best of luck to the new USTAR Board.

Or, in the more stately words of Alfred Lord Tennyson:

... take with thee
Our warmest wishes, silent Guardians
But true till Death; and let them go in hope,
Like birds of passage, to return with thee
Some happy Summer morning, when the winds
Are fallen or changed; and, water'd by thy tears,
The two fair lilies growing at thy side
Have slowly prosper'd into stately flowers.

6/01/2006 1:41 PM  
Anonymous Todd said...

USTAR is a worthy project. I am impressed by the quality of most of the Board members nominated; but, it is really too bad that the Governor did not take the time to find more than one woman to put on this important project. And, I'm not sure that there is enough diversity to attract world class talent.

6/01/2006 4:01 PM  
Blogger The Senate Site said...

Todd smelled flowers and looked around for a coffin. Typical!

Acutally, Todd, I think I can see what you are getting at, but this board does have some gender, racial, geographical, and (I presume) other areas of diversity.

The group also encompasses a diversity of experience and expertise that we hope will create the harmonic convergence needed to make USTAR a success.

Some of the expertise this group brings to the table:

* Information technology
* Medicine
* Aeronautical engineering
* Biotechnology
* Computer software
* Research
* Finance
* Venture capital
* Business development
* Marketing, and
* Understanding of academia.

Most importantly, this is a group who understands the translational process of going from the intellectual and esoteric to success in the business world.

Read their biographies, you'll be impressed with the breadth and depth of experience.

6/01/2006 5:24 PM  
Anonymous Tom Bingham said...

Congratulations on choosing an excellent panel for USTAR. This is a very important long term venture for Utah.
The statement on your blog "Industry is driven by technology, technology is created through research, and research is conducted at Universities." is true, but not complete. Some research is conducted at Universities. 85% of the patents in Utah come from the private sector. Innovation and research in private industry is critical to our future, especially in the more immediate future.
Now that we have created USTAR we need to get resources to industry where most of the innovation is done. We must find a way to encourage innovation in our Utah companies so we can compete favorably in a global economy.
USTAR is critical, but only a beginning. Let's unleash the private sector innovation.

6/02/2006 9:20 AM  
Blogger The Senate Site said...

Good insight. Thanks Tom.

6/02/2006 8:14 PM  

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