IURTC Making Inroads in China
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Indiana University Research and Technology Corp. hopes a recent visit to China can result in partnerships for the school’s SpinUp program companies and Chinese businesses and investors. IURTC Vice President of Technology Commercialization Marie Kerbeshian says China is showing increased interest in becoming a "home-grown innovation hub," and is turning to startups at American universities to learn how. During an interview on Inside INdiana Business Television, Kerbeshian said building the relationship will also help open up Chinese markets to IU technologies.
Kerbeshian traveled to China in April. While visiting the Asian nation, she took part in events including the 14th China International Talent Exchange Conference and an International Technology Transfer Network workshop. She also discussed IU diagnostic technologies with Chinese companies during the conferences.
Kerbeshian, who also traveled to China in 2013 and 2014, says many business and government leaders there believe the country needs to move beyond taking Western technology and adapting it there. In a release from IU, she said, "I am conscious that the United States has been the leader in university technology transfer for decades. The rest of the world has seen the success we’ve had since the passage of the Bayh-Dole Act in 1980 promoted university technology transfer."
IURTC also had a presence at this month’s BIO International Conference in San Francisco. The event draws 15,000 participants and is billed as the largest annual bioscience event of its kind in the world.