Retooled Office Helps Translate Discoveries into Applications

Research universities generate a lot of ideas that can impact society, but an idea’s path from ivy to impact is not always clear. The University of Virginia’s newly renamed Office of Economic Development can be seen as a navigator who can help guide ideas to market, and the market to ideas.

Pace Lochte, the veteran U.Va. administrator who directs the office — formally established in May, and an evolution of the former Virginia Gateway office — says that making connections between faculty members and representatives of companies seeking expertise in their areas is one of the most rewarding aspects of her job.

Full Story: http://www.virginia.edu/uvatoday/newsRelease.php?id=2530