An Entrepreneur’s Challenge: Commercializing Technology Transfer

In our regional economy, the capital that will drive future economic growth is knowledge. Of course, it’s not solely knowledge that will build our future, but what we are able to do with that knowledge. Our ability to remove barriers that inhibit the transformation of knowledge and intellectual property into products will greatly determine the long-term prosperity of our region.

Within our region lies a wealth of research waiting to be developed into successful products. One major source for this research lies within our federal labs and universities. Most have a technology transfer office that was created to encourage commercialization of researched technical innovations in an attempt to leverage a blend of public and private strengths.

By Vic Hess

Full Story: http://www.bizmonthly.com/7_2006/19.shtml