University of Western Ontario has announced that an agreement with University of Waterloo, University of Gualph, and McMaster University they will co-operate in protecting commercializing research.
Four southwestern Ontario universities have created one of the nation's
largest consortia for technology transfer.
The University of Western Ontario, the University of Guelph, the
University of Waterloo and McMaster University signed a Memorandum Of
Understanding (MOU) today to collaboratively protect and commercialize
technologies deriving from research at each institution.
[...]
"Moving our knowledge out of our laboratories and putting it into
practical use is a primary goal for our institutions," says Mamdouh
Shoukri, McMaster's Vice-President (Research & International
Affairs). "By sharing our resources and knowledge, this consortium will
allow us to be even more effective in delivering competitive advantage
to industry and others."
This approach will also allow for the packaging of complementary
products to increase the marketability of many technologies. "The
research and innovation capacity collectively represented by our four
universities is being strategically positioned to better capture
opportunities for knowledge transfer and commercialization," says Alan
Wildeman, Vice-President (Research) at the University of Guelph.
"Alignment of our technology transfer capacity will create one of
Canada's strongest beacons for transforming discoveries into value, and
enable us to collectively pursue opportunities and resources for
enhancing the commercialization of university research."
