While the University of California ponders just how it will make direct investments in some of the companies and technologies spun out of the 10-university system, it will benefit from looking at what works elsewhere… the council could easily take a look at Stanford University, Stanford’s investments in startups are credited with aiding Silicon Valley’s rise. But there’s another institution — tucked deep in the industrial Midwest — that members of the UC Innovation Council shouldn’t overlook: the Cleveland Clinic. The academic medical center since 2000 has spun off nearly 70 companies and manages more than 450 active royalty-bearing licenses.

Read full article [here].
by Ron Leuty, The San Francisco Business Times.

Posted: August 7th, 2014, by: admin. Categories: . Awaiting Comments.