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Universities lead technological innovation but is the government following?

October 6, 2009 - 10:14am

Krisztina Holly
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By Emily Jarvis
Internet Editor
FederalNewsRadio

Universities have always been a leader in technological innovation. Take major breakthroughs in bio-fuels and bio-technology to name a few.

But some in academia feel that the government is not taking advantage of the technological innovation potential of Universities.

Krisztina Holly is the Vice Provost and Executive Director of the University of Southern California's Stevens Institute for Innovation. She will be sharing her paper, A Proposal for Realizing the Economic Potential of University Research, to Congress.

"This is a way for the federal government to stimulate more jobs. To create jobs and services in multiple areas. They can leverage the resources we already have in the research universities in the country," Holly told Tom Temin and Jane Norris on the Federal Drive.

Holly wants to enter into this new level of cooperation between universities and the federal government on a trial pilot program.

"The pilot program could do three main things. One - it could serve as a nexus for local innovation ecosystems. Two - it could nurture a culture and develop skills for life long innovation. Third - it could provide resources for the innovators to translate their ideas into the market," said Holly.

But with more government financial support comes the potential for government regulation. Holly's proposal attempts to thwart this potential issue by making sure that the money is for free form research.

"When research has to be very structured, when you have to meet certain criteria, then you are missing certain opportunities," said Holly.

The government is already involved in many partnerships with universities. Right now the Department of Energy is hosting a competition between Colleges and Universities on the National Mall to create the most energy efficient home.

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