Monday, August 25, 2003
Technology transfer and commercialization involves a complex web of relationships. Faculty researchers need to be rewarded, if a university hopes to capitalize on research opportunities.
In many university settings, researchers are not rewarded. It's not just financial incentives that count. Faculty release time and other non-monetary incentives can encourage researchers to explore the commercial applications of their ideas.
With a change in state law, researchers at the University of Rhode Island can now form and finance their own companies. This represents a big step forward. Most immediately, the change will help the state compete more effectively for top young reseachers.
The state now has to work on other aspects of a commericalization network, including convenient, flexible incubator space. Learn more.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Rhode Island creates incentives for researchers
