The Advanced Science and Technology Institute supports researchers at **State University, University of AnyState and AnyState Health Sciences University. This support covers the management, development and management of new discoveries with potential commercial applications.
** (Editor’s Note: Names are disguised to protect confidentiality.
1.1 Keys to Success
- Stabilizing a strong support network with the private sector for State and Northwest.
- For cross-disciplinary contact to be possible, it is important to create a network that works for researchers.
- ASTI should be considered a one-stop resource for all technology transferable that is being developed at the four largest universities in the State.
1.2 Mission
ASTI’s mission, which is to provide public access to technologies from **State University, University of AnyState and AnyState Health Sciences University, to aid in the development and transfer of technology to other sectors and generate income, is to assist with economic development and service to state and federal agency constituents. ASTI’s unique perspective is in its ability to link researchers from various institutions to create new technologies that can then be marketed to the private sector.
Historically, State has received less attention from companies that develop long-term relationships with the university research community. State has struggled with SouthernState universities in the south and University of AnyState in the north. These institutions have made it difficult to achieve the level of viability that is required to attract interest from companies outside of the state.
It’s a problem of economies of scale. It is currently available for licensing at any of the following universities: AnyState University; University of AnyState; AnyState Health Sciences University; and AnyCity State University. One university in SouthernState, The University of Southern State (USS), has over 200 technologies available for licensing. USS received $20M in corporate research funding in the last year. This sum is much higher than that of the entire corporate research funding for the four State Schools ($3,000,000) in the same time frame. State Technology Center secured $91million from the University of State in private funding to support technology transfer. It is vital that all four universities of State work together to draw corporate attention and support their excellent researchers.
ASTI’, a non-profit organization with the mission of creating a resource that rivals USC for the private sector by being able to offer a one-stop solution for all key research that is occurring in State, is ASTI’s mission.
1.3 Objectives
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A 42-member corporate research support committee is established. Each year, ASTI’s Technology Development Council increases corporate membership by 20%.
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Facilitate 2 new industry sponsored research deals in the first 12 months and increase the number every year.
- New research relationships between the four campuses are created and established.
- Establish a cross-disciplinary research data base that will connect researchers from all over the state.