March 4, 2010 – From Mind to Market, Scott Hancock

Speaker:
Scott Hancock, Assistant Director for Licensing, Office of Technology Transfer and Innovation Partnerships, Division of Research, at Binghamton University

Description:
Public-minded universities nationwide are engaging in technology-based economic development activities as part of their service and outreach mission.  Universities have always been about disseminating knowledge through teaching in the classroom and publishing research results; over the last 3 decades, however, many institutions have also embraced the need to play a role in making the benefits of research available to the public and the environment through the market mechanism.  And to do that, particularly in certain sectors, it is necessary to provide company commercialization partners the patent rights to particular inventions – so that the companies in turn make adequate investment to further develop the inventions into innovative and beneficial products and services.  In addition, the talk will address the growing emphasis of universities in spurring spin-out companies built around university inventions.  Both pathways offer Binghamton University the opportunity to work with investors, entrepreneurs, faculty, students, and state and local government in support of job and wealth creation in our region.

PowerPoint:
“From Mind to Market”

Location:
Binghamton University Downtown Center

Present:
Presenter - Scott Hancock (Binghamton University)
Attendees - Jennifer Lawson (Binghamton University), Jodi Epstein (The Catalysts for Intellectual Capital 2020), Kathryn Fletcher (H2 Innovations), Larry Kiley (Southern Tier Opportunity Coalition), Merry Harris (City of Binghamton Local Development Corporation), Omar Sanders (City of Binghamton Local Development Corporation), Roni O’Geen (Empire State College), Thomas Kowalik (Binghamton University)

Reports/Discussion: 

  • Scott Hancock, Assistant Director for Licensing, Office of Technology Transfer and Innovation Partnerships, Division of Research, Binghamton University gave a presentation titled, “From Mind to Market.” His theme was that public-minded universities nationwide are more aggressively engaging in technology-based economic development activities as part of their service and outreach mission. Over the last 3 decade, many institutions have embraced the need to play a role in making the benefits of research available to the public and the environment through the market mechanism. To do that it is necessary to provide company commercialization partners the patent rights to particular inventions – so that the companies in turn make adequate investment to further develop the inventions into innovative and beneficial products and services. In addition, the presentation addressed the growing emphasis of universities in spurring spin-out companies built around university inventions. Both pathways offer universities the opportunity to work with investors, entrepreneurs, faculty, students, and state and local government in support of job and wealth creation in our region. A copy of the PowerPoint presentation accompanies these notes.
  • Members shared information about current activities and coming events.

Next Meeting:
The next meeting is Thursday, April 1, 2010 from 10:00am – 12:00pm, Binghamton University Downtown Center