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IC2 Institute, The University of Texas at Austin
| Department: Global Commercialization Group
Company Type: University
| Record Date: 6/10/2009
Last Updated: 6/10/2009
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Description:
IC² Institute has devoted 30 years to establishing itself as a leader in technology commercialization. Through its Global Commercialization Group (GCG), the Institute has focused its efforts on creating wealth through incubation of promising high tech ventures, accelerating the growth of high tech regions, and building centers of knowledge and support that contribute to the growth of entrepreneurs and high tech companies. Austin has emerged during the past 27 years as a model for successfully transitioning from a service-based (e.g., government and education) to a knowledge-based economy. The Global Commercialization Group (GCG) has been an integral part of this success. |
Mission:
The end goal of all IC² Insitute research is to improve the quality of life for the regions it is able to serve -- through technologies applied to solve human needs, and through the availability of high quality jobs that result. IC² = Innovation, Creativity & Capital |
History:
The IC² Institute was created to test the hypothesis that science and technology are resources for economic development and enterprise growth: a vision to be pursued by research and education on the enterprise system. In 1988, “Creating the Technopolis” was published – a paper by George Kozmetsky, Raymond Smilor and David Gibson that described economic development synergies caused by cooperation between regional government, business, and academia. This concept articulated a key touchstone for IC²'s research (for both previous activities, and the research activities that have followed since). Austin has provided a definitive case model for Technopolis research. In 1988, when the city was chosen for the semiconductor industry’s new research consortium (Sematech), both Austin and Texas were outbid by several other contending cities and states in terms of financial incentives. However, Sematech officials chose Austin because of the rare community effort put forth by Austin’s public and private sector that exhibited coordinated vision for a high-tech future. This community effort was not merely a parade of events prepared for the sake of securing Sematech’s interest. Instead, it was a concentrated effort on the part of regional champions to collectively promote a high-tech future for the City of Austin. The Institute’s founder, George Kozmetsky, was one of these regional champions, and IC² was his chosen tool. |
Products:
Articulation of the Austin Model and similar studies across the spectrum of economic development: from technology transfer and the many facets of entrepreneurship to technology policy and best practices for regional technology acceleration Industry reports to assist in determining appropriate technology investments for the region: beginning with the 1984 Software Report, and continuing in recent years with reports on clean energy, biotechnology, wireless technologies, digital media & gaming, and more The Austin Technology Incubator (ATI) to provide strategic assistance to technology entrepreneurs and ultimately provide the community with an ongoing generator of high value technology jobs The Master of Science in Technology Commercialization (MSTC) degree program to train new entrepreneurs into the local workforce Global connections through the IC² Institute Global Fellows program, the Visiting Scholar program, international research projects and Global Commercialization |
Technologies Sought:
Licensing and Development opportunities for our worldwide entrepreneurs |
Contact:
Mr. Earle Hager
Business Development Manager
Address:
IC2 Institute, The University of Texas at Austin
Global Commercialization Group
3925 W. Braker Lane
Austin, TX 78759
USA
Phone: 512-475-7789
Fax: 512-305-0338 |
Areas of Expertise:
IC² Institute has devoted 30 years to establishing itself as a leader in technology commercialization. Through its Global Commercialization Group (GCG), the Institute has focused its efforts on creating wealth through incubation of promising high tech ventures, accelerating the growth of high tech regions, and building centers of knowledge and support that contribute to the growth of entrepreneurs and high tech companies. Austin has emerged during the past 27 years as a model for successfully transitioning from a service-based (e.g., government and education) to a knowledge-based economy. The Global Commercialization Group (GCG) has been an integral part of this success.
Keywords:
global technology commercialization
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E-mail:
ehager@ic2.utexas.edu
URL:
www.ic2.utexas.edu/global
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