Increasingly, academic intuitions have programs to help professors make the jump from interesting idea to business opportunity, reports the New York Times. The first such "matchmaking" center was the William J. von Liebig Center at the University of California, San Diego, and it has helped 26 companies get off the ground and brought in $87 million, the Times says. "Many of the great ideas get stuck in labs because scientists don't have access to the kind of ecosystem" such centers have, says Amy Salzhauer, a founder of Ignition Ventures. "This is a way to better harvest those ideas."
Into the Breach
Jun 30, 2010