jump to navigation

Effective Technology Transfer June 20, 2006

Posted by Tom in Education, Innovation, Research, Technology.

Tech Futures shares a link to a Rensselaer Polytechnic Institute study on, as it puts, "what works in technology transfer." Here's a short summary of the findings:

The researchers base their findings on an exhaustive review of existing research from both the US and the UK. They note that while university technology commercialization is becoming more common, few universities have achieved “success” in these initiatives. The commercialization process is still too slow, too bureaucratic, and too expensive. The authors recommend that university administrators take a value chain approach to their technology commercialization efforts. First, they must continue to invest in the process’ major inputs—research. Then, they must clearly establish priorities in terms of desired outcomes and in terms of areas of research emphasis. Finally, they must create incentives for commercialization.

If you consider that most vibrant economic hubs have a smooth flow of knowledge back and forth between higher education and the private sector, it is clear that that technology transfer will facilitate both economic development and the building of a skilled workforce pipeline. Technology transfer "that works" thus is a critical part of an effective "convergence"-driven system.



No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: