Sunday, December 2, 2012

technology transfer from academia to industry

A very inspiring article, "Hatching Ideas, and Companies, by the Dozens at M.I.T.", in NY Times Sunday Business,http://www.nytimes.com/2012/11/25/business/mit-lab-hatches-ideas-and-companies-by-the-dozens.html?pagewanted=all. This articl
e should be a perfect article for policy decision-makers to read. It covers the entrepreneurial incubator for technology transfer from academia to industry. M.I.T.'s Langer Lab has 25 spun-off companies and more than $10M/yr funding, mostly federal money. These technology transfers have the combined effects of job creation, improved human health and equity-stake reward for innovators by using government funding. In Taiwan, the inevitable controversy of interest conflicts may be a stumbling block for the similar successful stories.

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