Forging Innovation

Catalyzing economic development in Pittsburgh through collaborative discussion and emergent thought.

Wednesday, December 21, 2005

Hot Technology Companies Leveraging Carnegie Mellon

Google has recently been added to the list of technology power-houses that have set up shop in Pittsburgh in order to leverage the top-flight talent and ideas out of Carnegie Mellon University.

Creating and commercializing innovation is the key to creating a self-sustaining economy. By putting together leading academic researchers from places like Carnegie Mellon and Pitt with private sector firms, the probability of creating commercially viable research technologies goes up tremendously. Not only will this fuel innovation, but they create jobs. It is also estimated that Google's move will result in 100+ new jobs in Pittsburgh. Not bad eh?

This is definitely a step in the right direction. I applaud CMU for making it happen and hope that we continue to make it easier for high-technology companies to come to Pittsburgh and build our economy.

3 Comments:

  • At 9:08 AM, Blogger Ed Engler said…

    I agree that the opening of offices by key technology leaders is a great sign for the region. It indicates that these companies believe the best way to leverage the value in our talent pool is not, as is often locally believed, by recruiting everyone to other locations but by opening offices here, bringing new job opportunities to our region.

    On a related note, CMU has done a wonderful job at attracting companies to collaborate by building the Collaborative Innovation Center, allowing companies to be located on-campus and maximizing interaction with professors and students.

     
  • At 1:11 PM, Anonymous Anonymous said…

    The Google deal, along with Intel, Apple and others before them, points us toward a rational economic development strategy.
    Governors Ridge, Schweiker and Rendell have provided assistance to the Co-Lab. Governor Ridge was the driving force in creating a place, close to the talent and technology assets at the universities, in which leading companies could establish a local presence.
    We didn't (and couldn't) buy Intel, Apple or Google with low interest loans or tax abatements. But by realizing that talent and technology drive those companies and providing a convenient environment in which they can acquire their raw materials (brainpower) Governor Ridge provided a concrete asset that will serve the region for decades to come.
    Government needs to provide the business climate and the specialized infrastructure that companies need. Co-lab reminds us that this can be a wholesale investment rather than a company by company payment.

     
  • At 6:34 PM, Blogger Hooman said…

    Anonymous, I agree with your idea, "The Google deal, along with Intel, Apple and others before them, points us toward a rational economic development strategy." There are many other folks that believe the key to our future is the effective utilization of university talent and technology in southwestern pa.

     

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