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Professor Mark Yudof, President of University of Minnesota
Economic Development and Universities: Including Issues in Fundraising and Alumni

I. The University and Economic Development

A. Commercialization of technology

1. Role of basic research

2. Bringing innovations to market

3. Educating the workforce

B. The talent magnet -- attracting students and scholars

C. Role of law

1. The legal system and the private economy

2. How contracts insure continuity

3. Importance of legal education

D. Role of public affairs

1. Information for policymakers on issues of housing, social relations, income security, migration patterns.

2. Ex.: Census project in collaboration with the University of Minnesota

3. Ex.: Public health -- study how to keep populations healthy, not just individuals.

II. Developing the modern university

A. Alumni relations

B. Fundraising

(china.org.cn, July 30, 2002)

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