(1) The State Board of Higher Education shall establish an Engineering and Technology Industry Council. A majority of the council members shall be representatives of high technology companies in Oregon. The council shall be consulted on the work plans and resource allocations for engineering education.
(2) The council shall establish criteria and measurements that will be used for determining investments made from the Oregon Engineering Education Investment Fund.
(3) The criteria and measurements established by the council shall include:
(a) Responding to the urgent engineering educational needs of Oregonís fast growing high technology industry, especially in the Portland metropolitan area.
(b) Increasing this stateís faculty and program capacity to meet the graduate level, professional education needs of engineers working in Oregonís high technology industry through investments in public and private institutions.
(c) Creating additional opportunities for Oregonians to pursue education in electrical engineering, computer engineering and other engineering disciplines critical to the advancement of Oregonís high technology industry.
(d) Investing relatively scarce state financial resources to:
(A) Address the high technology industryís most demonstrated and pressing needs;
(B) Produce the greatest amount of educational benefits with the least short- and long-term costs to the public;
(C) Avoid duplicating existing public or private resources; and
(D) Leverage existing and future private resources for the public benefit.
(e) Making all investments in public and private institutions through performance-based contracts with measurable outcomes in order to ensure strong linkage between the most urgent engineering education needs and implemented solutions.
(f) Maximizing the leverage of state investment funds to build faculty and program capacity and share existing and new faculty and program resources.
(4) Priority shall be given to investments where private financial resources from Oregon high technology companies or individuals with significant interests in the growth of high technology in Oregon are made available to augment public funds.
(5) The council shall submit biennial performance reviews of all investments made to improve engineering education with public funds in public and private institutions. The reviews shall be submitted to the Chancellor of the Oregon University System and the State Board of Higher Education. [1997 c.641 §3]
Note: 351.663, 351.666 and 351.668 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 351 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.Section: Previous 351.646 351.647 351.649 351.650 351.653 351.655 351.660 351.663 351.665 351.666 351.668 351.670 351.672 351.673 351.675 Next
Last modified: August 7, 2008