Keep an eye on Marshall University in West Virginia

Friday, July 11, 2003

Marshall University in West Virginia is another campus to watch.

The university is making a push into biotechnology, and it has launched the Institute for Development of Entrepreneurial Advances (IDEA) The new institute will focus on the commercialization of technology and science developed on the campus and throughout the region.
Read more.

(Having Robert Byrd as your U.S. senator helps. As staff counsel to the Senate Democratic Policy Committee, I used to work for Senator Byrd on Capitol Hill. He is a master or pork barrel politics. On one occasion, he abruptly interrupted our meeting on national tax policy to make a telephone call of a freshman House member. He spent five minutes twisting the poor fellow's arm over a small bridge project in West Virginia.)

Commercialization and technology transfer are critical to the process of business development. As Maryland's innovation indicators recently showed, it's not enough for universities to produce good science. They must also build the complex pathways from lab to market. This is tricky and subtle business. If you are interested in learning more, start with the Association of University Technology Managers. Visit the AUTM web site.

A notable quote from Selby Wellman, a Marshall alumnus and former vice president of Cisco Systems: "We are going to organically grow (businesses) in this area as opposed to the more difficult task of recruiting them."

posted by Ed Morrison |

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