LSU facilitates collaborations with business and industry through our Office of Innovation & Technology Commercialization, the Louisiana Business and Technology Center, and the Office of Corporate and Foundation Relations.
We house over 30 small businesses as tenants in our incubator and have counseled thousands of entrepreneurs and small businesses in the state through various initiatives. Among these programs are our Technology Transfer Office, Mobile Classroom, and ProtoStripes. Additionally, we operate the LSU Student Incubator to aid younger entrepreneurs who are still in school with their burgeoning businesses.
In The News
A study by the LSU Division of Economic Development at the E. J. Ourso College of Business has determined that LSU’s economic impact on Louisiana totals $3.9 billion. The study measures the impact of all nine LSU campuses – LSU, the LSU AgCenter, the Paul M. Hebert Law Center, Pennington Biomedical Research Center, LSU Alexandria, LSU Eunice, LSU Shreveport, and the LSU Health Sciences Centers in Shreveport and New Orleans – at both the state level and on a regional basis.
“These numbers demonstrate how invaluable LSU is to our state from a variety of angles, whether it’s through jobs created, sales generated or drawing non-residents into Louisiana,” said Stephen Barnes, study author, assistant professor of economics and director of the LSU Division of Economic Development at the E. J. Ourso College of Business. “LSU is most definitely a critical economic driver for the state of Louisiana.”
ORED Responding to the Flow: Louisiana State University’s Response to the Deepwater Horizon Drilling Disaster
April 20, 2010, marked the beginning of what would be classified as the worst technological disaster in U.S. history. The onset of the Deepwater Horizon drilling rig fire and the subsequent oil leak on the seabed approximately one mile below the surface of the water, kicked off an emergency response effort of immense proportions. Private industry and federal agencies coordinated efforts to contain the damage at sea, while back on land, various entities were scrambling to play a role in the emergency response.
The size of this disaster and the complexity of the problems involved automatically limited the major interests that would come into play. As it turns out, Louisiana State University (LSU) would end up occupying a unique and central role in research and community outreach. This is mostly because Louisiana suffered the brunt of the damage related to this disaster. The Macondo well disaster, located off of the 20 Louisiana coast, caused oiled shorelines and, because the economy of this coastal region is heavily dependent on the oil and seafood industries, its residents became intensely distressed. But as fate would have it, as a public land-, sea- and space-grant institution and as Louisiana’s flagship university, LSU had both unique assets and obligations that fostered an unprecedented research and outreach response to the disaster.
In the pages that follow, the mobilization of these assets in response to this national disaster is chronicled. The coordination efforts to facilitate scholarly work related to the spill, the communication efforts to ensure timely and accurate sharing of information, the science behind the spill, and the lessons learned from this truly incredible experience are conveyed to the reader to both preserve this moment in time and to guide those who find themselves facing adversity in the future. The volume closes with a set of vivid reflections from key players who were instrumental in fostering the response.
An emergent theme of this volume is that there simply is no other type of institution in American society that is capable of launching such an enormous research and outreach effort. World-class research universities like LSU have assets and expertise across a spectacular array of scholarly fields. The LSU community put this expertise to good use and responded to this challenge with incredible determination and commitment. We hope that the residents of Louisiana and our alumni all over the world have a chance to read this volume and hear the tale of how LSU, their University, proactively responded to this incredible challenge.
LSU’s Financial Conflicts of Interest (FCOI) Policy Statement 98 (PS-98) has been revised to comply with new Public Health Service (PHS) FCOI regulations, which go into effect on August 24, 2012. The Office of Research & Economic Development (ORED) is using the revised policy as the guide for ensuring compliance with the new regulations.
The Policy continues to incorporate the guidelines of the National Science Foundation (NSF) which have not been updated at this time, and shall also now apply to other agencies requiring disclosure of Significant Financial Interests of Investigators.
It is important to know that the Investigator is defined in the federal regulations as any individual responsible for the design, conduct, or reporting of the sponsored research, including but not limited to PI, CoPI, postdoctoral associates, graduate students, collaborators or consultants.