By John Leavitt, Ph.D. Nerac Analyst,
Originally Published: July 23, 2014
Universities are hotbeds for innovation and entrepreneurship – take, for example, Stanford University, MIT, and Harvard. In the case of Stanford all you have to do is to look up Page Mill Road in Palo Alto, California, and the surrounding Silicone Valley to see the evidence of entrepreneurial activity that spread from Stanford; alternatively, look around Cambridge, Massachusetts, to see the monumental economic impact that these universities have spawned in their region. During the last decade we started to hear state governors advocate a role of economic development for their major state universities which in many cases have been very responsive to this call.
Want to read the rest of the article? Fill out the form to download: Early Stage University Technology Transfer and Commercialization Analysis
Related Posts
- 81By Stephen Buxser, Ph.D., Nerac Analyst, The major idea behind the Bayh-Dole act passed in 1980 was to move control of technology discovered under federal grant funding from the federal government itself to universities. The goal was to speed development of new technology from university labs to the marketplace. How that was to be done was…
- 52Originally published September, 2009 Executive Summary In many industries, innovation is generally recognized as a critical ingredient for corporate success. Until relatively recent times, most companies used internal research and development as their only method of innovation. However, companies are now proactively considering all sources of innovation, both internal and external, to remain competitive. Many…
- 45Originally published November, 2009 Executive Summary Open innovation offers a significant opportunity to leverage intellectual resources from outside the company. In fact, despite the number of resources available internally, the very largest companies have the greatest need for open innovation because of a natural tendency for institutionalized thought associated with any large entity. Beyond just…