Looks like TEC Edmonton's Technology Transfer division could be kept hoppin' - at least down the line - with a major boost to the University of Alberta's industrial research funding. Here's a link to the Edmonton Journal report "U of A adds six new research chairs", published December 1, 2011.
The federal government funded Natural Sciences and Engineering Research Council of Canada (NSERC) has announced it will fund six more industrial research "chairs" in the U of A's engineering faculty - bringing the total up to 16. NSERC's $5.78 million for the six new chairs is leveraged up to $14.2 million, according to the Edmonton Journal report, thanks to investments from the private sector, the province of Alberta and the University of Alberta.
The chair means essentially that the NSERC will cover a leading industrial researcher/professor's salary, thus freeing up others resources that can be put to the particular professor's research effort.
These chairs reflect recent government policy, at both the federal and provincial levels, of wanting to see university research being moved quickly, in collaboration with industry, into practical, economically-stimulating industrial use.
In fact, the professors named to the six new NSERC-sponsored chairs all currently partner with major industrial players who will participate in one way or another in the rolling out of new processes or technologies developed from the research.
Of the six appointees, two - Dr. Subir Bhattancharjee and Dr. Tayfun Babdagli - have already used TEC Edmonton's expertise in obtaining patents - the granting by national governments to the exclusive ownership of a new industrial invention or process, normally for 20 years.
It's all about putting our society's research brains - mostly those in the practical scientific side of the university environment - to work on projects that will, through innovation and increased productivity, generate wealth.
And TEC Edmonton, the exclusive technology-transfer agent for the University of Alberta, is delighted to be an integral part of the process.
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