Kentucky Revised Statutes Title XII. Conservation and State Development § 154.35-050.Functions of basic research centers and applied research centers; advisory committees; goal of infrastructure; centers to retain or contract with experts

(1) The function of the basic research centers shall be to perform basic research of significant benefit to one (1) or more key industries that have been identified in and targeted by the state's economic development strategic plan as having major importance to the sustained economic growth of the Commonwealth. The areas of research to be performed by each basic research center shall be set forth in the contract between the council and the contracting university and shall be approved only for those projects for which the center has a commitment from a private sector partner to make use of the results of the research.

(2) The functions of the applied research centers shall be:

(3) The council shall appoint advisory committees of persons knowledgeable in each key industry to advise the council and the centers with regard to research needs of the industry and to evaluate research plans and research results.

(4) It shall be the goal of the infrastructure that eighty percent (80%) of the total revenues of each center shall be generated by payments under contracts from private businesses.

(5) To perform the functions set out in this section each center shall retain or contract with scientists, engineers, and other persons having high levels of expertise in appropriate fields of research, including but not limited to, faculty, staff and students of the contracting universities; provided, however, that all contracts with persons employed by the contracting university shall be subject to approval by the council.