Illinois plan for technology transferat Illinois State University
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Illinois has enacted legislation with a directive to enhance the economic development of companies in the state by encouraging new-product development. The policies and strategies used at Illinois State University to carry out an increased participation in technology transfer leading to enhanced industry/university interaction are presented. Identifiable factors leading to local project success have been the university's ability to develop inter-departmental research groups, provide the proper motivation to the group members, and set up a structure for commercialization of the new products developed by these groups.
KeywordsEconomic Growth Economic Development Research Group Technology Transfer Industrial Organization
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