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Many medical schools and teaching hospitals set up "technology transfer" offices to help in this activity and capitalize on faculty discoveries.
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87% of core science faculty have NSERC discovery grants.
Extensive financial demands are placed on colleges and universities to build facilities, lure top-notch faculty members, make scientific discoveries.
They began establishing intellectual property offices and provided incentives and rewards for faculty who patented their discoveries.
He sent his faculties out upon discovery, into worlds where only imagination can travel".
"Protection of the discoveries of our faculty and students is very important to us," the university said in a statement.
"This venture will support the research and entrepreneurship of UC faculty and student researchers whose discoveries can benefit people throughout California, the nation and the world," UC President Janet Napolitano said, in a statement.
Through programs like the Deshpande Center, MIT faculty leverage their research and discoveries into multi-million-dollar commercial ventures.
Find faculty mentors.
The laboratories in part analyze problems from faculty research laboratories and are "discovery learning" in nature.
A typical project began with reading faculty proposals for patents based on discoveries made in the medical school's labs, then determining the marketing and patent potential of the discovery.
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