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Moscow, 17 May 2011: Rector Dmitry Livanov of The National University of Science & Technology-MISiS announced today the creation of a new Office of Technology Commercialization, bringing together key initiatives under Russian President Dmitry Medvedev’s Program of Economic Modernization. The university hired Page Heller, formerly with the Office of Technology Commercialization at Texas A&M University in the United States, as Director of the new office to bring seasoned perspective to the process of moving novel scientific innovations from the university to industry. A former entrepreneur, Heller brings expertise in licensing and company startups to the university. The effort is supported through Russian Law 219 which provides universities with funding for infrastructure supporting technology commercialization.

Reform of Russia’s higher education is underway following the enactment of a series of new laws as announced by Prime Minister Vladamir Putin on 21 November 2009, one of which is Law 219. The series of laws support key aspects of President Medvedev’s Program of Economic Modernization designed to stimulate technology innovation as a mechanism to provide diversity to Russia’s classically oil-based economy. Law 219 provides $66 million in 2011 for building university infrastructure specifically for commercialization of innovations created in the laboratories of the university.

To read the full, original article click on this link: Moscow University launches New Commercialization Effort – R. Page Heller

Author: R. Page Heller