Assessing the Value of Research in the Chemical Sciences (1998) / Chapter Skim
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Panel Discussion: Academic Session
Panel Discussion: Academic Session
Pages 94-96
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From page 94... ...
There are two programs at the University of Utah that are funded exclusively from the revenues generated by the divestitures of our equity positions: one provides $500,000 a year for a program called the Technology Innovation Incentive Grant. This program provides grants to university faculty for concepts with economic potential.
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From page 95... ...
There are, of course, many outstanding successes. Crest toothpaste is a direct result of a university interaction, and our largest-selling home pregnancy test kit came from a university-industry program.
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From page 96... ...
But unlike Research Triangle, virtually 90 percent of the companies that originated in that spot are from the university. It is just a very different dynamic, and the way in which we as a university set up our policies and our interactions, our cultural incentives, is going to be different than it will be for an institution imbedded in large multinational corporations, which are looking for very different kinds of things than a small company starting up.
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