Innovation has historically been a key strength of the U.S. economy. The position of U.S. innovation leadership, however, is being challenged by world competition. Getting more innovation to market will help retain the United States’ global competitive edge.
Innovation at universities and other research institutions is occurring at a record pace, and these invention engines are flush with technologies awaiting commercialization. In fact, new invention disclosures are reportedly out-pacing licenses by a factor of almost three (U.S. Licensing Survey: FY 2006, Association of University Technology Managers, Deerfield, IL). This gap is expected to grow.
Finding strategically valuable technology or partners to commercialize promising, fledgling products is a daunting task. TechCatalyst is designed to help. Our seasoned technology transfer professionals can help you find new or complementary technology that meets your strategic needs, and they provide expert advice about the technical merits and commercial risks of that technology. Finding strategic product opportunities and lessening their development risk are the hallmarks of our Finder & Advisor Service.
Commercializing innovation only begins with finding that “perfect” technology. For market success, it requires capital. At TechCatalyst, we can help. Finder & Advisor clients who lack the funds to acquire or augment the technology’s value can seek much-needed capital through our innovative CATALYST Program. The program is designed to accelerate the technologies’ development by providing clients with acquisition and development funding on flexible, tailored, and non-opportunistic terms.
At TechCatalyst, we are doing more to transform technology for a better world.