Engines of Innovation: The Entrepreneurial University in the by Holden Thorp, Buck Goldstein

By Holden Thorp, Buck Goldstein

In Engines of Innovation, Holden Thorp and greenback Goldstein make the case for the pivotal function of study universities as brokers of societal swap. They argue that universities needs to use their gigantic highbrow and monetary assets to confront worldwide demanding situations reminiscent of weather switch, severe poverty, adolescence ailments, and an imminent world wide scarcity of unpolluted water.Combining their very own studies cultivating an entrepreneurial attitude inside one of many nation's elite public universities with distinctive descriptions of the ways taken via others, Thorp and Goldstein supply not just an pressing name to motion but additionally a realistic consultant for our nation's best associations to turn into significant avid gamers in fixing the world's largest difficulties. the result's a provocative and considerate commencing to a major dialog between educators, their supporters and trustees, policymakers, and the general public at huge as to how the yank examine collage can top meet its societal duties.

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This organization is not particularly useful, however, in attacking big problems. S. government did not look to a chemistry or physics department or even to the Institute of Advanced Studies at Princeton where Albert Einstein plied his trade. Instead, the Manhattan Project was organized under the direction of Robert Oppenheimer, a theoretical physicist who had never directed an organization, and General Leslie Groves, an engi30 Entrep reneurial Science neer whose previous claim to fame was overseeing the construction of the Pentagon.

8 If the science works, it means that nanoparticles infused with a particular drug can enter and deposit their cargo in a targeted group of cells. The technology also has implications for solar cells and morphable robots, among scores of other applications. With his vision for the platform fully developed, DeSimone established a company called Liquidia, whose mission is to commercialize all of the PRINT applications developed in the DeSimone lab. In practice, this means that Liquidia, in cooperation with its customers, answers questions critical for commercial acceptance.

The published paper typically generates a huge amount of media attention and stokes interest from venture capitalists—Langer has a longstanding relationship with one venture capitalist and access to many others if necessary—making possible the capitalization of the project on favorable terms. Depending on the nature of the invention, the final step usually involves in vivo studies demonstrating the efficacy of the research. This development model has spawned over a dozen companies and more than thirty-five products either currently on the market or in testing.

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