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The Ohio Board of Regents hopes to increase commercialization of research and innovation at the state’s universities and colleges.

The way the Ohio Board of Regents sees it, there’s a whole lot of research coming out of colleges and universities around the state that could be “monetized,” but it’s not happening. Yet. Which is why the Board issued a report today encouraging commercialization at the state’s higher education institutions.

Or, as the board itself put it using education bureaucracy speak, the report’s goal is “to improve the technology transfer pipeline to turn research innovation into the next great products and services in the market.”