Authors say a free agency for inventors will get innovations to the market faster and create jobs, benefit consumers, researchers and universities
(KANSAS CITY, Mo.) Dec. 17, 2009 – Creating an open, competitive licensing system for university innovators is one of Harvard Business Review's "Ten Breakthrough Ideas for 2010" and the brainchild of researchers at the Ewing Marion Kauffman Foundation. The free agency solution is one of the 10 ideas that HBR says "will make the world better."
Current restrictions imposed by U.S. research universities on the ways their faculty can commercialize federally funded discoveries are slowing the diffusion of new technologies, according to the article by Robert E. Litan and Lesa Mitchell published this week in the January-February 2010 issue of HBR. These limitations are detrimental to the U.S. economy and universities themselves.