Reducing the Time from Basic Research to Innovation in the Chemical Sciences A Workshop Report to the Chemical Sciences Roundtable (2003) / Chapter Skim
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11. Successful Innovation Starting in an Academic Environment
11. Successful Innovation Starting in an Academic Environment
Pages 99-105
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From page 99... ...
In fact, a lot of institutions are or have been of the opinion that if you pour more money in at the front end of the process, more comes out at the back end. No matter how inefficient the process may be, we know that is simply not the case, and that there is, in fact, a large series of events and activities that occur in the course of the transition of an invention, including technology transfer and corporate development to some form of economic impact.
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From page 100... ...
They increase an institution's ability to leverage itself into more competitive positions, to more successfully garner federal research support, and to more successfully interact with corporate entities outside the university. Therefore, the way the institution mobilizes its own flexible internal resources to support faculty research is a decision made very carefully.
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From page 101... ...
The investment of intramural funds for a particular focused purpose has, in fact, had multiple effects in leveraging the return on investment of those funds, both from the corporate sector and from royalties. The leverage factor for the Stonybrook program has been significant in terms of both corporate support (the original, fairly narrow intention of this program)
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From page 102... ...
University culture is one of the more critical elements in managing the overall technology innovation process and the productivity of investment funds. In the early 1980s, when I first put the Center for Biotechnology together at Stonybrook and began to allocate funds for these projects, the faculty said that they did not do applied work because it was not very interesting: "I am a basic research scientist.
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From page 103... ...
Recent legal rulings on biotechnology, high-throughput screening, and combinatorial chemistry patent law have focused on issues associated with the research or experimental use exemption for intellectual property.2 The most recent interpretations indicate that if you experimentally practice technology that is patented with the intent of expanding scientific knowledge or conducting curiosity-driven or basic science, you are free to do so. However, if you are conducting that research with a profit motive in mind, if your intention is to develop a product for commerce or intellectual property for license, you do not qualify for the research exemption and are subject to any patent covering the technology in question.
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From page 104... ...
The major problem that I had as the vice president for research is that I often entered into a legal corporate agreement between, for example, the University of Utah Corporation and Eastman Kodak Corporation, for the performance of certain tasks and certain activities. These tasks were wholly dependent on the activities of the university faculty, in whose interest I was signing this contract.
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From page 105... ...
It is a question of trust as well as association with all the legal ramifications. Richard Koehn: I couldn't agree more that it is a question of trust.
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