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Saturday, January 30, 2010

Harvard Business Review's 10 Breakthrough Ideas for 2010: Innovation

#6 Innovation: A Faster Path from Lab to Market: Removing the technology licensing obstacle (by Litan and Mitchell). To make sure that researchers at universities got their inventions to the marketplace faster, Congress passed a bill that set up technology licensing offices on university campuses. Ironically, these intended facilitators have in some cases become obstacles and bottlenecks and have inhibited the very research-to-market goals originally intended.

The Breakthrough Idea: Simply amend the Bayh-Dole Act and allow professors to chose the technical help they need to bring their inventions to market as soon as possible.

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