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|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.
Monday, March 03, 2014
Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.
Tuesday, February 25, 2014
BY AMY MILSHTEIN
Kelly Dachtler, president of The Clymb, redefines outdoor retail.
Friday, March 21, 2014
TOM COX | OB BLOGGER
During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.
Tuesday, April 01, 2014
BY APRIL STREETER | OB CONTRIBUTOR
Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.
Friday, February 28, 2014
The 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.
Wednesday, April 02, 2014
A new report explores the impact of millennials on Oregon's business and political climate.
Tuesday, February 25, 2014
In this issue, we celebrate our 21st annual 100 Best Companies to Work For in Oregon project.
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|Man urinates in reservoir, ruins 38M gallons of water|
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Marketing the state brings new business, new jobs and a better quality of life for everyone.
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
On Saturday, April 26, more than 1,900 local Comcast employees and their families, friends and community partners will “make change happen” as they volunteer to improve schools and nonprofits in Oregon and Southwest Washington as part of Comcast’s 13th Comcast Cares Day.
NAI Norris, Beggs & Simpson just completed their newly rebranded First Quarter Market Reports. Not only does it feature a brand new format, but the report ensures accuracy due to the annual truing up of their database.
Samuel Hernandez, an Associate at Barran Liebman, is the recipient of a 2014 Oregon State Bar Litigation Section Rising Litigator Award.