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Ellis Meng and Tuan Hoang, researchers from the University of Southern California, brainstorm as part of their Innovation Corps course. Their project is an implantable device for drug delivery, connected by a wireless network to let physicians remotely track the patients' progress.

The slow pace of job creation has revived interest in getting promising new technologies out of university labs and into the marketplace. At Stanford University, a group of academic researchers from all over the country gathered to take a crash course in how to turn their projects into startup companies.

The National Science Foundation screened applicants for this Innovation Corps (I-Corps) program and awarded each research team $50,000. They'll be mentored by entrepreneurs familiar with bringing a new technology to market, and participate in ongoing webinars and progress meetings throughout the process.

To read the full, original article click on this link: Entrepreneurship Lessons For The Academic-Minded : NPR