November 25, 2012
NY's big vision paying off with jobs
By: Alain E. Kaloyeros
To the Editor:
Last Sunday's commentary '''Big' isn't enough to
sell New York to business'' was hardly germane to the conversation we
should be having about New York's successes under the visionary
leadership of Gov. Andrew Cuomo in building a globally competitive 21st
century innovation economy.
With all due respect to what may or
may not be happening in Indiana, New York's size, geographic
distribution, demographic diversity and world-class network of public
and private higher education is being harnessed by the governor to
establish a dominant nanotechnology sector that is becoming the envy of
most countries, let alone the 50 states.
By leveraging seed state
investment in the College of Nanoscale Science and Engineering (CNSE) at
the University of Albany, the governor has attracted the top
semiconductor corporations to New York, with a collective investment of
nearly $5 billion and the creation and retention of over 5,000 high-tech
jobs. That is big. By naming the Central New York Regional Economic
Development Council as Best Plan Awardee, the governor secured more than
$100 million for the region. That is big. And when President Barack
Obama was hosted by the governor at the CNSE in Upstate New York, and
the president proclaimed that he wanted ''what was happening in Albany
to happen in cities across America,'' (one presumes that would include
Indiana), that too was big.
Big does happen in New York, and in
the months and years ahead it will only get bigger. More companies and
the coveted high-paying jobs that they offer will be coming to New York
because this state has presented a clear vision for where it wants to be
and a strategy to get there.
We can agree to disagree about the
impact of an advertising component of a well-thought out, comprehensive
statewide economic development strategy, which for the record includes
television and print placement in national and international venues. But
one cannot ignore the fact that the advertisement campaign is having
the intended effect across the 50 states, the European Union and the
Given the results we have seen in just 22 months of
Gov. Cuomo's term, the author of your commentary would be well suited to
emulate New York's strategy rather than criticize it.
Kaloyeros is professor, senior vice president and CEO of College of
Nanoscale Science and Engineering at the University of Albany.