Oregon Statutes - Chapter 284 - Organizations for Economic Development - Section 284.715 - State plan for innovation and economic competitiveness.

(1) The Oregon Innovation Council shall develop a state plan for innovation and economic competitiveness. The plan shall include policy and program recommendations to:

(a) Identify and expand the state’s industry and core research strengths related to Oregon traded sector industries;

(b) Promote agreements between public and private post-secondary educational institutions and private industry that increase technology transfer and the commercialization of research;

(c) Promote investment in specialized research facilities and signature research centers where Oregon has a distinct or emerging advantage for creating new products and businesses; and

(d) Stimulate seed and start-up capital investment and entrepreneurial capacity that will promote economic growth in Oregon traded sector industries.

(2) The state plan shall also include an identification of workforce issues and trends related to the development of workers in trade sector industries and recommendations to the State Workforce Investment Board and the State Board of Education on training and education enhancements based on the identified workforce issues and trends.

(3) The council shall update the plan every biennium.

(4) Each year, the council shall report to the Governor and the Legislative Assembly about the plan. [2005 c.748 §5]

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Last modified: August 7, 2008