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Universities could partner with outside entrepreneurs more often to bring new technology to market if the state provided some seed funding, researchers and business people told legislators Wednesday.

Patents and startup companies resulting from these joint ventures generate money for the schools and jobs for communities, said James McGinity, a professor in the College of Pharmacy at the University of Texas at Austin.

One of the success stories of partnering with private businesses — cited during Wednesday's hearing — involved Enavail, a pharmaceutical company that plans to launch a manufacturing center in Abilene.

To read the full, original article click on this link: Universities partnering with entrepreneurs touted at legislative hearing » Abilene Reporter-News