US Universities and Technology Transfer Richard G Hamermesh Josh Lerner Phillip Andrews 2011
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Section: Alternatives This essay discusses the importance of technology transfer as a policy tool for improving the economic and social performance of universities, with a focus on the experience of the University of Michigan (UM). Background The 1970s and 1980s saw a surge in university research that has continued into the new millennium. This growth has created both opportunities and challenges for universities. While new technology has led to a dramatic improvement in the quality and scope of university research,
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I’ve always believed in the American dream of free and open education. Innovation, creativity and freedom for innovators to do their work, is what drove American business to create wealth and employment, and make America a leader in technology. But it seems the American dream no longer holds as many young people choose to go to college, and study engineering and computer science in foreign nations — with high prices, few jobs and no practical skills. Now, I am proud to admit, that in 2001-2002, I was a graduate
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The concept of technology transfer is a key component of modern research and development. Technological innovation plays a critical role in promoting scientific discoveries, facilitating collaboration, and providing practical solutions to problems. A technology transfer process is a complex, multifaceted effort that involves various stakeholders such as the original inventors, research institutions, universities, industry partners, and government agencies. Technology transfer is not simply transfer of ideas and intellectual property to industry, but rather a multifaceted effort that requires significant efforts on the part of all
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A few years ago, I wrote an article about the problems of technological transfer from laboratory research to real-world practice in universities and the private sector. In the article, I described the importance of university technology transfer as a key strategy for academic research to move from basic to applied science, in the private sector. In this revised version of the article, I will also discuss a few lessons that I learned from my research. First, universities need a process and method for developing the ideas for their patents and licenses and then implementing them. Second, univers
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I’m delighted to be invited to participate in this exciting event at Harvard Business School, which I’ve read about since last year’s BCG conference on Corporate Entrepreneurship. The theme of the conference is “Making Ideas Come to Market”, which is always a subject I find both intellectually stimulating and also enormously interesting. visit our website The following essay I wrote about the topic back in November 2010 is long (1,000 words) — I’m particularly happy to paraphrase my 201