State unveils research with nj database, to help stem industries, n.j. universities collaborate better – roi-nj database backup and recovery

“The new tool is an indicator of the potential capability in New Jersey to harness our assets and organize them and partner them in a way that is maximizing the value of those assets,” EDA CEO Tim Sullivan said. “We talk about why New Jersey is the hotbed and the right place to grow your biotech and life sciences company — and all those things are true.

“For us to really and truly outperform and compete in this important part of this economy, I think a huge part of that — of our competitive advantage — is our ability to outpartner and outcollaborate and outnetwork, and work as one team and one industry and one state and one field.”

“We’ve had challenges in the past with companies finding access points into universities,” she said. “Anything from small companies looking for collaboration partners of (federal) grants, to larger companies who aren’t sure who the right faculty are to be able to work with.

“By being part of a larger database of capabilities that really paints the entire New Jersey picture, it’s going to be easier for companies to find collaboration partners, to find opportunities to work with faculty at New Jersey universities and really heightens the rationale for why companies should come to New Jersey.”

The potential economic impact of the new tool is currently unknown by any of the state’s economic development agencies, as well as the universities or the site creator, Elsevier, but it is something all parties anticipate analyzing in the near future.

“We haven’t done a study … but that is not to say that is something we are not interested in doing,” he said. “Over the last six years, we have had different version of the platform to where we are now. We think we have finally optimized it and, with this version of it, it’s more than likely we will be investing some funds in doing a study.

“Our faculty have many relationships with industry already, but this tool helps make it easier for industry to find our faculty, and for other faculty at other universities to find faculty at Princeton to collaborate with, as well,” she said.

“The alignment of businesses and academic institutions will help to grow New Jersey’s economy by creating opportunities for our institutions of higher education to compete on the national and global levels,” she said. “There are potentially companies across the globe who want to connect and should connect.”

Research with NJ was developed through an advisory board with members from New Jersey Business & Industry Association, Choose New Jersey, BioNJ, the HealthCare Institute of New Jersey, the Research & Development Council of New Jersey and the New Jersey Tech Council. Amsterdam-based Elsevier developed the site with its Pure software platform.

Research with NJ will enhance our ability to present the full scope of what New Jersey can offer companies considering locating in the State,” Choose New Jersey CEO and President Jose Lozano said. “This valuable tool will be a boon to encouraging economic development in sectors known for creating good paying, skilled jobs.” Read more from ROI-NJ on the BIO International Convention: