2012 AUGUST-MASHPEE EDIC Plan for Executive Park

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• Indirect economic benefits: Even if the jobs are not held by Mashpee residents,the employees of these B institutions living in the region buy goods and services from businesses located in Mashpee. In effect, they add considerably to the retail market potential in Mashpee. • Commercialization of technology and business spin-offs: Research institutions often are a source of spin-off businesses, the majority of which tend to remain in close proximity to the institution. For example, about 35 marine electronics firms have been started by engineers and scientists at WHOI, and almost all have stayed in the greater Falmouth area. There have also been spin-offs related to the Marine Biology Lab. These companies also generate jobs in the community. • Technology transfer: Research institutions can provide local companies with access to relevant technology to improve their business operations. For example, WHOI and UMass Dartmouth provide technical advice to companies in the marine electronics industry. • Community partnerships: The research institutions are a valuable resource for enhancing overall community life in the region. For example, virtually all have been involved in addressing environmental issues around Buzzards Bay, and have worked with local schools to build the science curriculum through BPartnerships Advancing Learning in Math and Science. The Environment Technology Center at the Mass Military Reservation will add to this resource base. The lack of technology companies, as well as the lack of the technology transfer culture at these institutions, has limited their economic impact on Mashpee and surrounding communities. While many research institutions have embraced the concept of technology transfer and commercialization, the major institutions in the region, most notably WHOI, have not. With the exception of UMass Dartmouth, their emphasis remains on basic research, and only in rare instances do they actively seek out relationships with industry or communities. aThe University of Massachusetts at Dartmouth,provides residents and businesses of Mashpee with critical resources. As noted, there is no university located on the Cape that offers four-year degrees or graduate training. However, residents and businesses do have access to centers of technological strength often found in a university, and access to nearby institutions that offer residents and businesses resources. Bridgewater State College offers students a choice of more than 100 undergraduate and graduate programs, including fields such as management science, aviation science, communication, teacher education, computer science, art, music, social work, psychology, and the biological, physical, and chemical sciences. Among the college's resources most directly involved in regional economic development are the following: • John Joseph Moakley Center for Technological Applications. Associated with one of the most advanced computing and telecommunication facilities in the country, the Moakley Center's Business Advisory Council works with college leadership to help plan employee training and product development programs for companies and organizations interested in technology. Two computer laboratories in the Moakley Center offer access to sophisticated technology resources, and state-of-the- art television and satellite facilities offer businesses in the region first-rate teleconferencing. The Center also tests technological approaches to learning in grades K through higher education. • Earth Sciences and Geography Department. Faculty in this department provide assistance to businesses and communities in several areas. • Department of Economics. Faculty expertise in this department centers on issues related to the workforce, including labor supply and skills base. Faculty can also offer assistance to communities that are looking at transportation costs and new transportation systems. • Department of Management Science. A broad range of accounting, marketing, advertising, sales, entrepreneurship, and small business development expertise exists among the faculty in this department. For more than a decade, faculty and students have worked directly with large and small companies and organizations throughout the region and provided assistance in these areas. . 11