Support for the New Mexico Economy



 The University of New Mexico (UNM) has three principal activities specified by its mission – education, research and service.  The breadth and depth of contributions by UNM in these areas is extensive with many centers of excellence are present at the University.  All of these efforts impact the economy of New Mexico in various degrees, but perhaps none is more important than service to the community.  The services delivered by UNM affect the very quality of life of New Mexicans.  Nonetheless, the public may not fully appreciate how consistently their lives are touched in positive ways by University students, staff and faculty.  UNM provides sources of optimism, entrepreneurism and means to address many of the significant problems confronting New Mexico whether economic growth and individual economic empowerment, water resources management, enlightened health care delivery, or other business and societal problems.

 This report reviews: 1.) what UNM is doing to support economic development, 2.) how well UNM is performing relative to economic development, and 3.) the gaps that exist in UNM’s diversity of programs and services relative to economic development.  On the basis of this review an agenda of suggestions is presented on what UNM should be doing to better support economic development.

What Is UNM Doing To Support Economic Development?
In general, UNM supports the New Mexico economy by:

UNM specifically supports the economic development of New Mexico communities by: As the preceding overview suggests, UNM has been a very significant factor in the economic development of New Mexico and it will remain a key enabling factor for the success of the state.  A wide range of programs are offered that support economic development. Yet, UNM can better focus its programs and resource allocations in creating a University-wide response to the economic needs of the state.
 

How Well Is UNM Doing It
Adult and Continuing Education

Vocational Education Economic Development Intellectual Property


What Are The Gaps In UNM’s Diversity Of Programs and Services
Adult and Continuing Education

Vocational Education Economic Development Intellectual Property


What Should UNM Be Doing To Better Support Economic Development?

First, UNM should make economic development a strategic initiative.  It should invest resources to support this thrust.  UNM can then provide leadership necessary to discover and commercialize intellectual property, while functioning as a state’s leader in business and economic development at a strategic level.  UNM can also provide assistance from aligned colleges/schools and departments to external constituents.

Second there should be a centralized office to coordinate economic development efforts between faculty and clients and to foster this strategic initiative within UNM. The separate schools/college efforts – STC, ASM, Engineering etc. – do not present a concerted whole to the public.  Our external constituents have difficulty accessing existing UNM services and do not understand what services exist.  This office would be charged with growing services beyond those currently offered.

The University should more formally meet community needs by promoting external assistance contacts through this office.  A fruitful strategy might utilize a network of associate deans in the colleges and schools in forming a clearinghouse for assistance and information.  Programmatic centers should be integrated within this network.  The public should be able to easily access a single point of contact – whether in person, by phone or over the Internet – to be channeled in the right direction for further help.

Third, specific academic units which attempt to provide economic development services are under administered.  They lack infrastructure to do more than a modest job.  Research overhead which helps to manage the generation of intellectual property should be allocated to support this infrastructure.  This would provide sufficient staffing at the department and school/college level.  It would help to grow these unit’s services, while also providing a mechanism to coordinate with a central office for UNM as a whole.

Fourth, the faculty of UNM should provide a dynamic, flexible curriculum that supports the needs of the economy and the state.  Individual colleges and schools should develop better connections with external stakeholders in order to feedback suggestions for curriculum change that enhance graduates’ ability to contribute positively to the economy in New Mexico.

Fifth, the faculty and administration of UNM should jointly create improved assessment and incentive systems that support economic development.  More credit should be given to faculty members who extend their service beyond the University campus.  A more robust definition of service, encouraging service to economic development, should be incorporated in the FACULTY HANDBOOK.

Sixth, UNM should reach down into high schools to better bring youth into the knowledge economy.

Seventh, UNM faculty should help students connect better with the broader community.  Internships, co-op experiences, mentoring, field projects and other pedagogical approaches should be expanded to bridge school to work and to the community.

Eighth, the Office of Institutional Advancement should aggressively promote and publicize UNM contributions to economic development