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.Acts 2007, No. 563, § 1.
Arkansas Legal Code