|| Print ||
|Wednesday, January 19, 2011|
By Corey Paul
Oregon State University changed the name of its Office of Technology Transfer on Monday, a seemingly minor step but one university officials call a major shift in philosophy that could also prove lucrative. The new Office for Commercialization and Corporate Development will take a more proactive approach in finding and selling research projects.
Better connecting higher education and research to the private sector is a huge issue for Oregon, commonly considered a shortcoming when comparing the state with Washington or California.
Partly explaining OSU's new approach is the growth the school saw in its research portfolio as well as an increasing number of faculty innovations moving into the marketplace. In the last decade, annual research funding doubled from $138 million to $275 million by last year.
Relationships differ, but most of the OSU spinoff companies financially benefit the university through an arrangement such as partial ownership or a licensing agreement, said OSU Spokesperson Todd Simmons. The innovators, of course, profit too.
Brian Wall, director of the department, wants more investment in the future toward the OSU Development Fund, a sort of gap fund that targets projects with other investment to pay for developments such as a prototype and make innovations seem less risky to larger investors. Wall also hopes to hire more staff to focus on building connections between other specific departments and the private sector.
The way Wall sees it, more startups mean more investment, which means job creation, higher incomes and new tax revenue.
"In my mind it's critical for state universities to help fill this role, especially with the economy where it is now," Wall said. "We could do a lot of good."
Corey Paul is an associate writer for Oregon Business.
Thursday, June 11, 2015
In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.
Friday, May 22, 2015
BY ROBERT MULLIN
Latest development in Nestlé plant saga sparks debate about the value of water.
Tuesday, May 26, 2015
BY JACOB PALMER
Live, Work, Play: CEO of Gorilla Capital.
Friday, May 15, 2015
BY KIM MOORE | RESEARCH EDITOR
The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.
Friday, June 05, 2015
As temperatures in Oregon creep into the 90s this weekend, Oregonians' thoughts are turning to — summer baseball.
Thursday, June 18, 2015
While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.
Wednesday, May 27, 2015
PHOTOS BY JASON E. KAPLAN
Like all good journalists, OB editorial staff typically eschew freebies. But health care costs being what they are, digital news editor Jacob Palmer couldn't resist ZoomCare's offer of a three-in-one (cleaning, exam, whitening) dental office visit, guaranteed to take no more than 57 minutes.
|100 Best Green Workplaces in Oregon|
|The Green Paradox|
|Up in the Air|
|Credit Unions Perspective|
|Queen of Resilience|
|Did airlines collude to keep fares high?|
|Citigroup analyst thinks Puma should sell|
|OSU researchers examine warm-water mass|
|Appeals court rules against Apple|
|Microsoft to cut division, 1,200 jobs|
|Apple suppliers introduce 'Force Touch' to new iPhone|
|Uncertainty abound in Greece|
Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
3 Degrees Event Celebrates 5th Year Bringing Nonprofit and Business Professionals Together to Benefit Portland.
Bend energy leader brings passion for efficiency and renewable energy to the nonprofit.
Event in Forest Grove marks recognition of Global Food Safety Initiative Certification.