Volume 35 - October 11, 2012 - Innovation Matters
How TIP, STTR, and COMET Help to Bring Ideas to Market
bridges vol. 26, July 2010 / Feature Articles
By Klaus Puchbauer-Schnabel
In a globalized world, research, development and technological innovation have become key factors in the long-term competitiveness of any country. Their direct and indirect effects on economic growth, employment and, ultimately, the prosperity of a country and its citizens are essential for increasingly knowledge-based societies. Universities play a key in the field of technological progress and knowledge creation. However, it is important that the knowledge produced in academia doesn't sit on the shelf but is used and transformed into products and applications that will enter the marketplace.
The political agendas in the US and Europe seek to stimulate collaboration between universities and industry to foster technology transfer. The results of collaborations between private industry and academia include obtaining R&D expertise, accelerating entry into the marketplace, stimulating creative thinking, and encouraging future collaborations.
Two major public R&D funding programs in the US for public-private partnerships (PPP) are the Technology Innovation Program (TIP) and the Small Business Technology Transfer Program (STTR). In Austria, COMET , a program for technology transfer and cooperative research between industry and academia, plays a similarly important role. This article compares the different programs and their approaches to technology transfer
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Project Manager Evolute GmbH Vienna, Austria Mathias Hoebinger currently works as a project manager at the…