UC’s climate of innovation pays off for California | University of California

The University of California has long been a beacon of cutting-edge research and higher education in California, but increasingly UC is playing a pivotal role in the California economy as a driving force behind successful technology startups. In 2015, UC research led to 85 new startups and 1,756 new inventions — roughly five inventions disclosed every day. The commercialization of UC research is not merely for the benefit of the system, it’s a significant boost to the California economy: Active startups commercializing UC inventions have generated over $21 billion in revenue and currently employ more than 18,000 Californians. Beyond jobs and in-state revenue, commercialization of UC technology serves a broader goal of getting knowledge and inventions into the hands of the public as quickly and effectively as possible. “The essence of UC’s public service mission is to ensure that its research innovations create public benefit by transferring this knowledge to the private sector,” said Bill Tucker, executive director of Innovation Alliances and Services at the University of California Office of the President. A climate of innovation Historically, the transfer of knowledge from universities to the broader public happened through education and publication of research. Increasingly, universities have found other effective avenues: licensing inventions, forming partnerships with industry and local government that foster both research and dissemination of knowledge, and nurturing startups in incubators with access to the unique expertise and facilities that universities offer.

Source: UC’s climate of innovation pays off for California | University of California

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About Stephen G. Barr, Group Publisher

Author, Syndicated Columnist, Editor In-Chief and Group Publisher at SGB Media Group, a social media marketing firm specializing in digital media content production, publishing, affiliate marketing, public relations and advertising. Over 25 years experience in retailing, advertising, website & online forum development, niche social networking, affiliate marketing, search optimization, branding and identity, site location, non-profit fund raising. Event planning, promotion, production and MC/Host at public events. Author, Editor & Publisher of 35 syndicated, digital publications utilizing multiple digital distribution channels in conjunction with launching and administrating national advertising campaigns for major Fortune 500 advertisers in partnership with Google, Ning, Facebook, Myspace, Yahoo, DoubleClick, LinkShare, PepperJam and other industry leading third party affiliate networks. Product development team member from conception to launch on many websites, tangible goods and organizational structure for start ups. Specialties: Public relations, retailing, advertising, website & online forum development, niche social networking, blogging, email campaigns, affiliate/performance marketing, search optimization, branding and identity, site location, event production & promotion, non-profit fund raising and tasteful, responsible adult content publishing. An internationally recognized and read social media columnist & pundit on The Examiner, Associate Content, Vator.tv, X-Biz.net and Technorati and his own affiliated sites.
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