Why doesn't Michigan use a great resource like The University of Michigan to build an information economy?

We have to move away from being so dependent on auto manufacturing. Most high tech economies are built around great educational and research institutions. University of Michigan is consistently rated as one of the best, so why don't we use it? I am not a UM graduate and moved here from out of stste, so I am not trying to make UM sound better than it is. It really is considered one of the best universities in the country.|||I went to U of M and love it but I don't see how it can help Michigan's economy problems. The state is desperate, and worse off than any other state. I agree we have to put more emphasis on industries other than the auto but there is no easy way out right now. The poor Governor can't get anything done because the last one left things so bad and the state senate are conservative. To make things worse the mayor of Detroit is one of the worst and is only hurting the state.|||While I fully understand your reasoning, I believe it just wouldn't be practical to try and build a more stable economy for the state based on one central place of business. They are one of the best higher education institutions, but as I've seen, many of their students leave the state due to poor economy. If you look at other places around the country, their University district of the city may have much of this sort of thing- Med people, IT people, but their economy outside the U-district isn't based upon the educational sector. Retail and food even plays a part. Michigan needs to figure something out to increase the potential to keep their higher ed students in the state and increasing these areas. It also needs to figure out a way to increase jobs in other areas or provide better education for those who have been laid off due to the car industry, or other factory industries that have left the state.