Normative Decision Process of an Investment Gift for a Nanotechnology Center

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Normative Decision Process of an Investment
Gift for a Nanotechnology Center

As the President of the State University of New York Institute of Technology (SUNY IT), the university has been willed $20 million with no will or codicil related restrictions as to the direction that the capital can be invested. The university has chosen that the best use of the $20 million is to invest into a Nanotechnology Center, which will be set to begin construction in the Spring of 2013. The decision process on how to invest the $20 million in the Nanotechnology Center will be outline by a normative approach. The normative decision process includes developing an idea for the investment in the Nanotechnology Center based upon an optimal decision. The
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The university, in partnership with SUNY College of Nanoscale Science & Engineering (CNSE), will deliver a Nanotechnology Center that can facilitate innovation in a critical and evolving field. The creation of the Nanotechnology Center will also include leading nanotech companies such as Advanced Nanotechnology Solutions Incorporated, SEMATECH, Atotech, and various partners (SUNY IT, 2014). The university has many options on investing the $20 million including updated facilities for students, facilities for collegiate sports programs, or other technology programs. The first option of new facilities for students would benefit the students that utilize the campus for day-to-day lectures, work and resources. Facilities such as new dorms, classrooms and laboratories would compliment the SUNY IT recent expansion in 2011-2012. The reality is that SUNY IT had just expanded campus infrastructure by investing $13 million on a student center, $20 million on a field house and $23.5 million on a residence hall. Therefore, the likelihood of spending additional $20 million in capital on more facilities does not benefit the overall growth of SUNY IT. The university also has many technical and scientific undergraduate degrees such as biology, civil engineering, computer engineering, information science, computer information systems, nursing, mechanical engineering and so forth, which could make a case for developing a

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