TECHNOLOGY STUDY SHOWS UNIVERSITIES ARE ACCELERATORS FOR TECH ENTERPRISE AND JOB GROWTH Innovation Associates released for international distribution a U.S. government funded report that has far-reaching implications for technology job growth, economic development and education. The study examined successful university-based technology transfer and commercialization initiatives throughout the U.S. The report – Accelerating Economic Development Through University Technology Transfer – shows research universities as economic accelerators that increasingly generate patents and commercial licenses, and are an important source of new technology enterprises. The study shows Stanford University as an economic powerhouse, annually filing more than 300 patents and producing companies such as Google, Sun Microsystems, Silicon Graphics, Netscape, Cisco Systems and Yahoo. The study also shows Massachusetts Institute of Technology (MIT) as an engine for technology growth, each year generating 150 or more businesses that are in some way related to the Institute. The report notes several factors that help U.S. states position their universities as centers of innovation and business growth, including strong academic leadership and research capabilities, availability of early-stage capital, commitment to and support of entrepreneurship programs, and the existence of infrastructure such as innovation centers, incubators and research parks. To download the report go to: http://www.InnovationAssociates.us Keywords SMEs, Regional Development, Entrepreneurial Development, Universities, Intellectual Property, Technology, Biotechnology, Countries Austria, Belgium, Czechia, Germany, Denmark, Estonia, Greece, Spain, Finland, France, Hungary, Ireland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Poland, Portugal, Sweden, Slovenia, Slovakia, United Kingdom
