News of the WeekCanada

Universities Promise More Tech Transfer

See allHide authors and affiliations

Science  29 Nov 2002:
Vol. 298, Issue 5599, pp. 1699-1701
DOI: 10.1126/science.298.5599.1699a

You are currently viewing the summary.

View Full Text

Summary

TORONTO-- In return for a promise by the government to double research funding and create a permanent fund to pay the overhead costs of conducting federally funded research, Canadian universities have agreed to do a better job of turning academic research into commercial products. The deal gives each side something it badly wants, at a price both sides appear willing to pay.