Friday, July 27, 2007

VA Tech to Transfer More Tech

According to the Roanoke Times, Virginia Tech is significantly expanding their tech transfer capacity, in anticipation of increasing the number of inventions that Virginia Tech Intellectual Properties (VTIP) licenses and doubling revenue in the next few years.

John Fraser, past president of the Association of University Technology Managers, is quoted as saying that "perhaps 12 of the more than 200 technology transfer offices in the U.S. are self-sufficient", a near-term goal for VTIP. Virginia Tech is a member of ALCOVe, the Academic Licensing Community of Virginia.

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