Clustering for 21st Century Prosperity Summary of a Symposium (2012) / Chapter Skim
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Panel VI: University-Based Clusters
Panel VI: University-Based Clusters
Pages 114-133
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From page 114... ...
Darmody cited Commerce Secretary Gary Locke, who recently said: "America has a broken innovation ecosystem that does not efficiently create the right incentives or allocate enough resources to generate new ideas, develop those ideas with focused research, and turn them into businesses that can create jobs."53 52The Bayh-Dole Act of 1980 (P.L. 96-517, Patent and Trademark Act Amendments of 1980)
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From page 115... ...
54Brian Darmody, The Power of Place 2.0: The Power of Innovation -- 10 Steps for Creating Jobs, Improving Technology Commercialization, and Building Communities of Innovation, Tucson: Association of University Research Parks, March 5, 2010, |
From page 116... ...
Stevens noted. "But not something that actually happened." Just six months later, BusinessWeek published another cover story called "Hot Spots: America's New Growth Regions."57 He noted that many of the socalled "hot spots" on BusinessWeek's map had names like "ceramics corridor" in New York and "laser lane" in Florida.
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From page 117... ...
The other driver was the Massachusetts Biotechnology Research Park, which the city of Worcester put next to the University of Massachusetts Medical Center. The first big tenant was Germany's BASF, whose facilities were later acquired by Abbot Labs.
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From page 118... ...
Stevens noted, there have been sharp increases in technology-transfer activity. The number of inventions publicly disclosed by universities surged from 5,000 in 1991 to around 20,000 in 2008.
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Another fac tor could be limited personnel devoted to commercializing university discoveries. Even with the sharp increases in staff, there are only 1,000 full-time employees managing technology-transfer activities at all American research facilities, which Dr.
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Of the 19,554 invention disclosures by universities last year, 59 percent resulted in U.S. patent applications.
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From page 121... ...
Stevens, Presentation at February 25, 2010, National Academies Symposium on "Clustering for 21st Century Prosperity." Furthermore, only 3 percent of those inventions led to the formation of com panies. "You are beginning to get a sense of the Valley of Death at this point," Dr.
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Based on their publicly disclosed data, however, it is not clear whether these centers are more successful. A Kauffman Foundation study found that von Liebig commercializes around 24 percent of projects it takes on, Dr.
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Gulbranson and David B Audretsch, "Proof of Concept Centers: Accelerating the Commercialization of University Innovation," Ewing Marion Kauffman Foundation, January 2008, |
From page 124... ...
Stevens, Presentation at February 25, 2010, National Academies Symposium on "Clustering for 21st Century Prosperity." PORC now Figure 22 on. Such fellowships could be awarded for two years through a state-wide selection process with competitive peer review.
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From page 125... ...
In the past two years alone, 22 companies were launched that brought in $89.5 million in venture investment. He said all royalties Johns Hopkins received in fiscal year 2008 were used to encourage professors to tap their contacts in the venture capital industry.
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From page 126... ...
So we should put in new infrastructure faster than the developing countries." The United States must make broadband available everywhere, install smart grids that moves electricity from wherever it is generated to the users, and build modern transportation systems. "Our top 30 metropolitan areas need to have world-class public transit systems," he said.
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From page 127... ...
BUILDING NEW GROWTH CLUSTERS James Clements West Virginia University West Virginia University (WVU) is pursuing a number of different strategies to advance innovation clusters in the state, said WVU President Clements.
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From page 128... ...
Since the September 11, 2001, terrorist attacks, federal law-enforcement agencies have become especially interested in technologies that can be used to identify individuals through distinguishing biological traits. West Virginia has a 67The West Virginia Research Trust Fund, also known as Bucks for Brains, is a $50 million endowment established in 2008 by Senate Bill 287 that is to be matched by private contributions.
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From page 129... ...
Twenty affiliates have operations close to the center, including Booz Allen Hamilton, Northrop Grumman, Lockheed Martin, and Raytheon.70 CITeR also works with agencies such as the FBI, Department of Homeland Security, the Federal Aviation Administration, and the National Security Agency. Some people regard CITeR as the most successful NSF center in the country, he said.
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He noted that successful strategies such as those pursued by Morgantown, West Virginia, are based on drawing federal programs to their areas and creating jobs and technical capabilities on the basis of existing research.
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From page 131... ...
Stevens also was asked about the critique of university tech-transfer programs by the Ewing Marion Kauffman Foundation and its recommendations for reform.71 Among other things, the Kauffman Foundation proposed that regional consortia be established to manage commercialization activities on behalf of universities. Pooling tech-transfer resources could lower costs, it said.
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From page 132... ...
Stevens noted that the American Association of Universities, which represents university presidents, is opposed to the idea of expanding the use of SBIR funds. He said he would prefer to see a new stream of funding so that money for product development is not taken out of the basic research pie, "which is what we have done up to now." Mr.
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From page 133... ...
Mr. Melissaratos said a major reason Johns Hopkins scientists rank low in commercialization is that "they are comfortable doing research.
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