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12 May 1992 Center for Applied Optics Studies: an investment in Indiana's future
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To understand the involvement of the State of Indiana with the Center for Applied Optics at Rose-Hulman Institute of Technology, it is best to start with an explanation of the Indiana Corporation for Science and Technology (CST), its basic charter and its programs. Established in 1982 as a private not-for-profit corporation, CST was formed to promote economic development within the State of Indiana. Two programs that were initially a part of CST's charter and supported with state dollars were a seed capital investment program, aimed at developing new products and processes, and the establishment of university centers of technology development. The former was conceived to create jobs and new, technologically advanced industries in Indiana. The latter was an attempt to encourage technology transfer from the research laboratories of the state universities to the production lines of Indiana industry. Recently, CST has undergone a name change to the Indiana Business Modernization and Technology Corporation (BMT) and adopted an added responsibility of proactive assistance to small- and medium-sized businesses in order to enhance the state's industrial competitiveness.
© (1992) COPYRIGHT Society of Photo-Optical Instrumentation Engineers (SPIE). Downloading of the abstract is permitted for personal use only.
Delbert J. Schuh II and Brij M. Khorana "Center for Applied Optics Studies: an investment in Indiana's future", Proc. SPIE 1617, International Competitiveness and Business Techniques in Advanced Optics and Imaging, (12 May 1992);

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