The INOV8 blog tracks the latest news and trends in technology and innovation throughout the world
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Vivek Wadhwa blogs at TechCrunch that technology-transfer offices at research universities, such as the one at the University of Arkansas, are gold mines waiting to be tapped.
While entrepreneurs in Silicon Valley trip over each other to create the next iPhone app, they ignore the early-stage discoveries which could lead to the next Internet, a revolutionary memory device, or a cure for infectious diseases. Researchers in university labs find vast numbers of breakthroughs which can better the world. Most of their work never sees the light of day. Hardly 0.1% of all funded basic science research results in a commercial venture. To boost our economy, we need to bridge this gap and improve the university research commercialization system.
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