For Immediate Release
April 16, 2012
Contacts: Lee Tune, 301 405 4679 or email@example.com
How Government, Universities, Industry Can Partner to Drive Regional Innovation and Entrepreneurship
Part of UMD's 30 Days of EnTERPreneurship, this April 18 Public Event Features Entrepreneurs, Government & University Leaders
COLLEGE PARK, Md. -- Innovation and entrepreneurship have captured the attention of the nation and its political leaders. Many say that in this globally competitive world, the future prosperity and the quality of life of U.S. citizens increasingly depend on the benefits derived from the development of valuable new ideas, products and processes. Business, government and university leaders say the knowledge economy of today relies on the translation of knowledge into value through innovative thinking and entrepreneurial action.
Of all organizations in society, research universities possess the greatest assembly of assets necessary for innovation and entrepreneurship. These extend from human capital to knowledge capital to support services and facilities. "However, universities must engagement with industry and government to imbue budding entrepreneurs and innovators with real-world experiences, and to facilitate the translation of ideas, inventions and creations into goods and services of value beyond the university," says University of Maryland Regents Professor C. D. (Dan) Mote, Jr., who is treasurer of the National Academy of Engineering, Glenn L. Martin Institute Professor of Engineering at UMD and a past UMD president.
On April 18 on the University of Maryland campus in College Park, speakers at a National Academy of Engineering (NAE) regional conference will explore this critically needed engagement of universities with industry and government. The symposium is open to the public and media. Its two sessions focus on (1) identifying what works about regional government-university-industry partnerships and what needs to be fixed; and (2) educating the next generation of innovators and entrepreneurs, including those from backgrounds other than business, science or Engineering.The conference will be streamed live at: http://ter.ps/2012NAE
ABOUT ENTREPRENEURSHIP AND INNOVATION AT UMD
Highlights include: three experiential entrepreneurship learning programs and 30 entrepreneurship and innovation courses at the pre-college, undergraduate, graduate and executive education levels; a series of mentoring programs; a global entrepreneurship program with a partnership in China; a technology incubator/accelerator startup program with more than 100 graduates including billion dollar companies such as Martek Biosciences and Digene; and an on-campus network of more than 40 active, accredited angel investors and venture capitalist.
The NAE is a member of the National Academies, which includes the NAE, the National Academy of Sciences (NAS), the Institute of Medicine (IOM), and the National Research Council (NRC) -- which serves as the principal operating arm of the academies.
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