I have covered this problem of poor tech transfer offices before when discussing a Cientifica report that came out late last year that recommended the following in order to start making money from nanotechnology: "Fire 90% of university tech transfer people and replace them with people who understand how small businesses and science based innovation actually works.” The Australian Academy of Sciences in a soon-to-be-released report indicates that the number of nanotechnology companies in Australia is declining from an estimate of about 80 to around 55, and that the technology is simply not finding its way into commercial products.Īccording to the report, one of the key obstacles to this commercialization is “often dysfunctional” university intellectual property offices.
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