Collaboration of Arkansas Economic Development Commission with research universities and private business sector representatives

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  1. (a) The Arkansas Economic Development Commission may work with the chancellors and presidents of research universities and the private business sector to support collaborations establishing a research alliance for the purpose of improving the economy of the state through:

    1. (1) Improving research infrastructure;

    2. (2) Increasing the focus on job-creating research activities within or supported by the research universities; and

    3. (3) Expanding job-creating research activities toward producing more knowledge-based and high-technology jobs in this state.

  2. (b) The commission shall designate no more than five (5) institutions of higher education as research universities for the purposes of this subchapter.


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