From: Inc. Magazine, February 2006 | Page: 23 By: Carl Schramm
To look in on university research is to see the subatomic structure of modern entrepreneurial capitalism. Through a process called technology transfer, academic researchers patent their work, then license it, often under a royalty agreement, to companies that ultimately bring the innovation to market. Many of the great breakthroughs of the past 30 years--in fields such as computing, telecom, the Internet, and fiber optics--were first conceived in a university lab.
Recent Comments