What types of businesses can be spun off from their specific research?
Not all of the researchers’ ideas will lead to new companies. Some research that results in patent applications will be best suited for licensing by existing companies. We will be marketing the research and development strengths of the team to existing Utah businesses and we encourage them to sponsor research and / or license the technologies to improve already existing products or platforms. Royalty streams from licensing and spinoff companies will come back and benefit the university and the USTAR program. For example, USTAR faculty members are looking at companies in the carbon sequestration application of energy research and intelligent sensor space; however, as the program matures, we expect that each of the focus areas will spawn new companies. 10. What progress has been made to date in the research program area? USTAR’s accomplishments in attracting star research talent and supporting their efforts in our key Innovation Development areas are summarized in the table here. After t
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