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A new report says Ohio is below average when it comes to taking university research and turning it into viable commercial products.

The Ohio Board of Regents report proposes a statewide commercialization effort to create jobs, promote economic growth and increase wealth in the state.

Regent Vinny Gupta, the chairman of the Regents’ Technology Transfer and Commercialization Task Force, says Wednesday that Ohio has done well seeking out and winning important research dollars but must be more effective at turning research into commercialized products.