7.15.2007

Report: Tech transfer must look for hits, not just home runs - Kansas City Business Journal:

Report: Tech transfer must look for hits, not just home runs - Kansas City Business Journal:: "A 'home run mentality' in university technology transfer offices may be keeping many valuable research projects from reaching first base in the commercialization process.

That is the contention of a report released by the Ewing Marion Kauffman Foundation Thursday at the national Innovation Policy and the Economy Summit in Washington, D.C.

According to the report, universities tend to focus their limited technology-transfer resources only on the patenting and licensing of technologies that promise big, fast paybacks.

The report -- written by Kauffman researchers Robert Litan, Lesa Mitchell and E.J. Reedy -- argues that universities should shift from a sole focus on that patent/licensing model, which seeks to maximize income, to a volume model. A volume model emphasizes the number of innovations that university research generates and the speed at which those innovations are commercialized."