SSTI Digest

Unprecedented Goals, Unparalleled Progress, a report released in early August by Mississippi Governor Ronnie Musgrove, calls for the state to address several issues to better position the state to compete in the New Economy. Elements of the plan affecting the state’s science and technology base include:

Through its Digital Village Program, Hewlett-Packard is providing up to $15 million in products and resources over a three-year period to three communities who need assistance to participate fully in the New Economy. East Palo Alto, CA already has been designated as a Digital Village; the remaining two will be selected through a competitive process.

To be considered, an applicant must meet the following criteria: 1) be an underserved community - facing geographic, technological and/or economic barriers to achieving the desired community vision, 2) have a population of no more than 50,000 residents, and 3) the applying community partnership must include: local school district(s); a local or nearby community college or four-year institution; and a public agency, community college, four-year college or university, or private nonprofit 501(c)(3) organization.

Why do some start-up technology businesses choose to directly commercialize their innovations, taking on the industry titans as is common in the electronics industry, while other new tech firms, such as those involved in biotechnology, choose a path of cooperation with the industry leaders, commercializing through licenses, joint ventures, and outright acquisition? The answer(s) should help economic development practitioners and science and technology policy makers design the most effective strategies for technology-based entrepreneurial assistance.

University-centered technology transfer is not new; however, research institutions have been thrust to the center of much of the discussion for building tech-based economies. A Tutorial on Technology Transfer in U.S. Colleges and Universities, a new paper by the Council on Government Relations (COGR), provides a good primer on the subject from the perspective of the academic institution.

The document provides the historical and political framework for university involvement in technology transfer as well as advice on establishing an intellectual property policy and managing IP assets. The majority of the 20-page paper provides detailed steps for transforming an idea generated on a campus into a commercial product or service. Software and web-based products also receive treatment. The paper closes with a discussion on addressing the risks or costs of academic technology transfer, including institutional and personal conflicts of interest.

Since its inception in 1975, the Alan T. Waterman Award remains the highest honor awarded by the National Science Foundation. The award is conferred annually to the young researcher who has demonstrated exceptional individual achievement in scientific or engineering research of sufficient quality to place them at the forefront of their peers. The awardee receives a $500,000 nonrestrictive grant over a three-year period for continued research.