bridges vol. 31, October 2011 / Noteworthy Infromation
On July 28, the National Science Foundation launched the NSF Innovation Corps (I-Corps), a new tool to employ research coming from university laboratories with commercial potential. This new program aims to link technological, entrepreneurial, and business expertise as a private-public partnership to bring innovative inventions out of the lab. The focus will be on near-term applicable technologies with visible benefits for the economy and society.
The NSF notes: "While the knowledge gained from NSF-supported basic research frequently advances a particular field of science or engineering, some results also show immediate potential for broader applicability and impact in the business world."
This concept follows, as NSF Director Subra Suresh explains, the traditional US-approach "of investing in - and deploying - technological advances derived from a foundation of basic research."
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Anderson Professor of Global Management University of South Florida Tampa, Florida Wolfgang Jank is the Anderson…