International R&D networks

Monday, September 30, 2002

We are beginning to see more global connections in research and development. Representatives of perhaps two dozen Israeli high-tech companies have been invited to come to Blacksburg and Roanoke, Virginia next month in search of capital to launch operations.The ones that attract financing will move into Virginia Tech's Corporate Research Center, where they will refine their products for the U.S. market and join Tech in joint research projects. Once they expand, they will move into nearby industrial parks.

Virginia Tech is a leading campus for business development. The Virginia Tech Corporate Research Center will start construction in the spring on a $5.8 million small business incubator to launch high-tech companies.The project will be partially funded by a $2 million grant from the U.S. Economic Development Administration; the Virginia Tech Foundation will pay for the rest. Learn more about Virginia Tech's relationships with business. Go

Here's another example of how international R&D partnerships are forming. An Israeli biotech incubator has started operations in Singapore. Singapore has already established four "foreign" incubators with Germany, China, India and New Zealand. Go

posted by Ed Morrison |

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