Michigan commission explores tech transfer

Saturday, October 09, 2004

Last summer, Governor Granholm in Michigan appointed a Commission on Higher Education and Economic Growth. She charged the Commission with the task of developing initiatives to double the number of citizens with a post-secondary degree.

According to Granholm, "To compete in a global economy, a post-secondary degree or certificate is no longer an option – it’s essential."

This fall, the Commission started hearings around the state. One of the focal points: how to accelerate university-based economic development. Read more.

Earlier this week, the governor announced that she will award a University Award for Commercialization Excellence. The state will grant two $25,000 prizes to Michigan university researchers that successfully commercialize technology stemming from research at Michigan's public universities. Read more.

The strategy makes sense. Also this week, the University of Pennsylvania's technology transfer office reported that it was launching companies at a rate of about 14 new companies a year. Read more.

Michigan has a relatively strong research base at its universities, but a relatively weak record in generating start-up companies.

posted by Ed Morrison |

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