A new report from the “Task Force on Diversifying the New York State Economy through Industry-Higher Education Partnerships,” presented to Governor David Paterson, says that New York companies will likely be working more closely with local research universities in the near future. The report, which calls IP “the raw material that leads to the creation of companies, jobs, and wealth,” gives recommendations on how to increase innovation and related economic gains through closer cooperation between New York companies and research going on at New York universities. The report includes specific recommendations for programs on university campuses and umbrella agreements for industry access to intellectual property.

Industry needs to communicate “precisely what innovations we require in order to stay competitive,” said Julie Shimer, CEO of Welch Allyn, a New York-based medical equipment manufacturer, and a member of the task force, at the press conference where the report was released. She added that industry needs to change the habit of waiting to see what researchers come up with, instead “challenging them to develop ideas that would help our strategic needs and plans.” The report calls this “flipping the model.” According to Nathan Tinker, executive director of the New York Biotechnology Association, cooperation between academia and the biotechnology industry is “a key to the growth of the industry and to the development of life saving strategies.”

Source: Before It’s News

Posted December 22nd, 2009 under Intellectual Property Marketing

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