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Current as of March 28, 2024 | Updated by Findlaw Staff
As used in this subchapter:
(1) “Job-creating research” means basic and applied laboratory research that may reasonably be expected to lead to the creation of knowledge-based and high-technology jobs in Arkansas;
(2) “Knowledge-based and high-technology jobs” means employment opportunities in positions that pay more than one and seventy-five hundredths (1.75) times the average annual wage in the state according to the most recent data available;
(3) “Research alliance” means the collaborative functions of research universities for the purpose of:
(A) Enhancing research infrastructure;
(B) Increasing the number of talented researchers at research universities; and
(C) Expanding knowledge-based and high-technology job-creating research activities;
(4) “Research infrastructure” means the equipment, buildings, information technology connectivity, and software of research universities within which talented researchers conduct their work; and
(5) “Research university” means any university campus in Arkansas that receives significant federal funding of job-creating research.
Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-3-303. Definitions - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-3-303/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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