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University-Industry Engagement Advisor

Moscow University launches commercialization effort


By David Schwartz
Published: May 18th, 2011

The National University of Science & Technology-MISiS has created an Office of Technology Commercialization, bringing together key initiatives under Russian President Dmitry Medvedev’s program of economic modernization. The university hired Page Heller, a former entrepreneur and official with the Office of Technology Commercialization at Texas A&M University, to oversee the new office, which will seek to move novel scientific innovations from the university to industry.

The effort is supported through Russian Law 219, which provides universities with $66 million in 2011 funding for infrastructure to support technology commercialization. The program of economic modernization is designed to stimulate technology innovation and provide diversity to Russia’s classically oil-based economy. “Russia is rich in its scientific prowess,” Heller says. “As I bring university commercialization to Russia, I feel like I just found a pocket of diamond deposits previously undiscovered and ripe for mining.”

Source: MISIS

Posted under: Tech Transfer e-News

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