The US patent system is premised on a fundamental exchange, or as some might say, a grand bargain. In exchange for fully disclosing their invention to the public, the inventor gains the exclusionary right to that invention for a limited period.
Companies often have a problem that can be uniquely solved by a university partnership. They will invest in external research to achieve an innovative solution for a new product or process that has great commercialization or market potential. But why would an academic want to be involved with addressing current business challenges?
New Hampshire ranks 22nd in total federal dollars awarded to small companies that have early-stage and high risk technologies with high potential for commercialization. Through the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, New Hampshire companies have received over $425M since the program’s inception. To increase the financing of New Hampshire’s entrepreneurial initiatives, NH Inspires Innovation will offer a series of SBIR/STTR workshops around the state.
In 2010, Sherry Palmer, a UNH staff member, completed the current iteration of a Research Poster Tutorial, Creating a Large Format Poster to Present Your Research. Just recently, I was able to find a way to share this detailed and extremely helpful tool with all of UNH in a secure downloadable manner on Blackboard.
This year's theme is Lean Startup Business Tactics! Each month we'll tackle a major topic relating to starting and executing your business with Lean Startup principals, led by local experts who teach from their experience. There has never been a better time to start a business so this year bring your ideas to the Innovation Catalyst Seminar and start something!
The most rewarding endeavors are those that are the most challenging. When I left my job to attend one of the premier intellectual property law schools in the nation, University of New Hampshire School of Law (UNH Law), I had no idea just how rewarding – and challenging – the experience would be.