The Arizona Board of Regents annually prepares an analysis of the financial condition of Arizona State University, Northern Arizona University, and The University of Arizona using data from the universities’ audited financial statements. This Assessment of Financial Strength uses the methodology developed by KPMG, BearingPoint, et al. and used by university governing boards and accreditation agencies across the country. The methodology employs four financial ratios and a single indicator of financial health—the Composite Financial Index—and provides a scale against which to benchmark our universities. The analysis is for each university’s entire enterprise, which includes their component units.

A statement of the community vision for the 525-square-mile Flagstaff Metropolitan Planning Organization (FMPO) area, which extends west-to-east from Bellemont to Winona, and south-to-north from Kachina Village/Mountainaire to north of the San Francisco Peaks. It is the general plan for the City of Flagstaff, and in county areas, works in conjunction with the Coconino County Comprehensive Plan.

A development master plan for Little America Neighborhood, a 537 acre site south of East Butler Avenue and Interstate 40 in Flagstaff, Arizona. The proposed mixed-use development includes a resort, retail space, residential neighborhoods, a golf course, other recreational facilities, and open spaces. The proposed development requires changes to the Flagstaff Regional Plan and city zoning designations.

Growth in the stock of knowledge has been the most important factor behind the dramatic rise in living standards in the United States and other countries over the past 100 years. Systematic efforts made by firms, universities, governments, and other organizations to increase the stock of knowledge are referred to as research and development (R&D). The purpose of this paper is to provide an overview of the entire system of R&D in the United States—or as it is sometimes called, the national innovation system. Special emphasis will be placed on basic research. This is the component of R&D that is most likely to be underprovided by the private sector and the one that figures most prominently in public policy toward science and technology. The report also emphasizes the role of universities that, in the United States, perform the lion’s share of basic research.

The report provides a variety of basic statistical indicators of R&D effort and identifies recent trends in sources of R&D funding. The report also reviews classic arguments on the appropriate role of government in supporting R&D and the strengths and weaknesses of universities as performers of R&D. The U.S. national innovation system is compared with those in other major industrialized countries.