Turning academic research into commercial success

June 28, 2010
MIT and other campuses use "proof-of-concept centers" to create commercial start-ups

From The New York Times: By providing educators a bridge to the business world, the Massachusetts Institute of Technology is in the vanguard of a movement involving a handful of universities nationwide that work closely with investors to ensure that promising ideas are nurtured and turned into successful start-ups. In the jargon of academia, the locations of such matchmaking are known as “proof-of-concept centers,” and they’re among a number of new approaches to commercializing university research in more efficient and purposeful ways — and to preventing good ideas from dying quietly.

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