Giving Back

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From: Eugene Leitl (eugene.leitl@lrz.uni-muenchen.de)
Date: Fri Apr 14 2000 - 01:28:11 PDT


http://www.sciencemag.org/content/vol287/issue5462/s-scope.shtml

ScienceScope

Volume 287, Number 5462, Issue of 31 March 2000
2000 by The American Association for the Advancement of Science.

Giving Back

A group of Indian-born business leaders who have made it rich in
Silicon Valley has pledged $300 million toward a $1 billion network of
private research universities in their native country. Their plan to
create a half-dozen Global Institutes of Science and Technology
received a pat on the back last week from President Bill Clinton, who
mentioned it during a speech to high-tech business leaders in
Hyderabad.

"I have no doubt they will succeed," said Clinton about plans to set
up six nonprofit institutes that would offer undergraduate and
advanced degrees in biotechnology, materials science, information
technology, and other hot fields to 2000 students on each
campus. Officials at the University of California, Berkeley, have
agreed to help design the curriculum, lend faculty, and offer
distance-learning courses, although details have yet to be worked
out. "The students would be exposed to the best facilities and
faculties available anywhere," says Purnendu Chatterjee, managing
director of the $1.2 billion software management Chatterjee Group of
New York, a prime mover in the venture. He said the institutes would
also serve as incubators for new high-tech companies. Site selection
is expected to be completed over the next 8 to 12 months.

[...]


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