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8. Some New Ideas for Speeding Up the Development of Products from University Research
Pages 74-82

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From page 74...
... These new technologies threaten to make some company research obsolete. Connections to universities can help industrial scientists be prepared for some of these technological attacks.
From page 75...
... They are afraid that their business partner will expropriate their product because academics feel it is trivially easy to steal intellectual property just as it is trivially easy to commercialize the resulting technology. Although business schools associated with many universities could help here, with notable exceptions there is an amazing lack of academic interest in the study of technology management and commercialization.
From page 76...
... The Office of Technology Transfer then arranges for various service providers to assist, including law firms and certified public accountants. Although the professor typically creates the invention and writes the patent, Caltech owns it.
From page 77...
... The first weeks are spent calling potential customers and sizing market needs. We deliberately avoid technology development in the beginning to emphasize the importance of marketing in developing a product plan.
From page 78...
... For example, researchers are often employed to help scale up a research process to production. In a similar fashion companies can work with graduate students, giving them the understanding that if everything works out well they could be hired to help transfer the technology.
From page 79...
... Ned D Heindel, Lehigh University: The Chemical Sciences Roundtable met here a couple of weeks ago, and we heard from several of our friends from the National Institutes of Health and research corporations that big pharmaceutical firms have very recently changed their position on the patent story.
From page 80...
... One exception I attended recently was at the UCLA medical school where, under the aegis of the UCLA Technology Transfer Office, the Tech Coast Angels, a Southern California investment group, put on a seminar for about 40 faculty on the capital .
From page 81...
... This is reflective of a very important trend that merits special attention because the business schools are dealing with the same level of theory divorced from contact with the real world that often times chemical engineering and chemistry are accused of. As a result, engineering departments create their own business schools simply because of what the business schools have become.
From page 82...
... I am in the technology management department at Stevens and teach a course to executives from companies on how to be a corporate entrepreneur. It is a 14-week course for two to three hours a week.


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