01/31/2014 04:12 PM
BATON ROUGE – The LSU Board of Supervisors held their first meeting of 2014 on Friday,
Jan. 31, at the University Administration Building on campus. The meeting featured
a report from the president’s committee on intellectual property and technology transfer
at LSU, along with suggested amendments to board regulations and the creation of the
LSU LIFT Fund to better advance innovation arising from university research.
“We do think that our faculty will benefit greatly from this fund,” said LSU President
and Chancellor F. King Alexander. “This will help the process of getting ideas out
of this campus and out into the community, something that benefits everybody.”
“There is a culture change at work here,” said Board Member Hank Danos. “We have to
be ahead of that change here at LSU.”
For more information on the LSU LIFT Fund, visit http://www.lsu.edu/ur/ocur/lsunews/MediaCenter/News/2014/01/item68160.html.
The board was also presented with a study on LSU’s economic impact on Louisiana by
university professors Stephen Barnes and Dek Terrell of the E. J. Ourso College of
Business. Their findings include a total of $3.9 billion in impact to the state, including
some 36,757 jobs.
More information on the economic study is available at http://www.lsu.edu/ur/ocur/lsunews/MediaCenter/News/2014/01/item68268.html.
Additonally, the board bid farewell to Assistant Vice President for System Relations
Robert Rasmussen, who will be retiring from LSU after 40 years of service.
“It has been an honor and it has been a privilege to serve you,” Rasmussen said to the board. “It has been the most important thing in my professional life…God Bless this board, God bless LSU and go Tigers.”
The board also approved re-naming LSU’s Department of Construction Management the
“Bert S. Turner Department of Construction Management,” in honor of the LSU alum,
donor and former member of the board, who passed away in 2008. For more information,
Other actions taken by the board include:
Posted on Friday, January 31, 2014