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[Anthony M. Boccanfuso is president of the University Industry Demonstration Partnership,ย which identifiesย issues impacting university-industry (U-I) relations and opportunities to develop new approaches to working together.]Where do GM crops and other agricultural innovations come from? If you answered with the name of an agricultural products company, you are only partially correct. Companies do commercialize the final product, but the inception, invention and development of a commercial product is done on a continuum that starts with years of basic researchโoften in a university laboratoryโand ends with the commercialization of the product. This cooperative process yields benefits for universities and industry, farmers, and, ultimately, for society.
Universities derive both financial and nonfinancial benefits from collaborating with industry. . . .
University-industry collaboration is recognized as a way to encourage the transfer of university research findings into innovative products that will benefit society and stimulate economic growth. In the case of GM crop research funding, regulatory agencies that review studies required for approvals encourage research collaborations that leverage university and industry strengths and provide jointly developed scientific data examining GM crop safety.
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Many academic investigators find it valuable to work with industry to advance their research agenda and ensure relevance of their scholarly pursuits; industry researchers benefit from the breadth of research directions pursued in academia. When the needs of both universities and industry are blended, the end product can generate the above-mentioned benefits for science and society. Few, if any, of these benefits could be derived without university-industry partnerships.
Read full, original post:ย Why University-Industry Collaborations in Biotechnology Matter
