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Agenda - 08-23-2011 - 8b
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Agenda - 08-23-2011 - 8b
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8/19/2011 1:52:11 PM
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BOCC
Date
8/23/2011
Meeting Type
Regular Meeting
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Agenda
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8b
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Minutes 08-23-2011
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\Board of County Commissioners\Minutes - Approved\2010's\2011
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3 <br />launched with assistance from OTD. The majority of patents originated in the medical <br />school, and 33 of-these companies came from the medicallhealth side of campus. The <br />other 17 originated-in the departments of computer science (7), chemistry (5), physics <br />(3), biology (1), and psychology (1). <br />Almost-90% of these 51 companies have remained in the Triangle region. We have <br />employment data on half of them and case studies on three of them. Additional <br />information about these companies will be compiled in this study. <br />Scope of Work: The enterprise-level data base will be tapped to identify the official UNC <br />spin-offs associated with OTD, companies that were founded by UNC-CH graduates, <br />and companies with founders who had worked at UNC-CH. I will compile the following <br />information: company name, status (independent, subsidiary, HQ), year established, <br />current-location and previous location if applicable, sector, technology, active or closed, <br />and founder information. <br />will use the_company's -name to find it in the National- Establishment Times Series <br />(NETS) database. We-have recently acquired North Carolina NETS data from 1989- <br />2009. I expect to find NETS data on at least half of the companies. With these data, I <br />will be able to add information on the company's employment, sales, NAICS code, <br />current location, and whether the company moved from its original location. <br />One major task is to estimate the amount of space each company occupies and the <br />amount of rent they pay. I will use their address, Google Map and Google Earth to <br />gather information on the building being occupied. I anticipate that the-companies will <br />be in buildings devoted to office, industrial/flex, warehouse or retail use. I will assume <br />that the companies are renting space whjch will be true in most instances. However, a <br />few may own their space. I expect to find that single-employee firms are operating from <br />residential locations. <br />Another task is to examine the trajectory of selected companies in existence for more <br />than ten years. I will try to trace the space they have occupied over time and try to <br />figure out why they changed location. It may be possible to find companies that <br />occupied a sequence of spaces from incubator to accelerator to small commercial <br />space to larger commercial space. However, I expect that most companies will have <br />remained in one location. <br />I will use knowledge gained about these companies to describe this market segment; <br />the different types of space needed by spin-off companies and the range of rental rates <br />and terms attractive to them. I will recommend ways OCED could attract spin-offs to <br />
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