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Mark Milutinovich

Amid concerns about U.S. innovation and jobs, a new prize—being launched by the Wallace H. Coulter Foundation and the National Science Foundation (NSF) in concert with AAAS—will recognize successful university-based commercialization activities.

News of the prize was made public 16 September at the same time that U.S. President Barack Obama signed the America Invents Act into law. Previously known as the Patent Reform Act of 2011, the legislation intends to "convert ideas of American universities and research labs into new products to expand our economy and create jobs," according to the White House.

To read the full, original article click on this link: AAAS - AAAS News Release - "Coulter Foundation and NSF to Launch University Commercialization Prize with AAAS"