Building Innovative Ecosystems
Edited by John Sibley Butler and David V. Gibson
Introduction: Technology Transfer in Global Perspectives – Issues for the Twenty-first Century
John Sibley Butler and David V. Gibson This edited volume is dedicated to the continued understanding of technology transfer, commercialization, and regional technology-based development with an emphasis on how issues converge or diverge in global context. All of the contributors are Research Fellows or associated scholars of the Institute for Innovation Creativity and Capital (IC2) at the University of Texas at Austin. For over three decades the IC2 Institute has studied technology transfer and how it impacts the development of new companies, the enhancement of established companies, and the transformation of cities, regions, and countries. In 1986, George Kozmetsky, the founder of IC2 and one of its greatest Fellows, noted, Since the First Industrial Revolution, technology has been a basic motor for economic growth. The management of technology as a resource for economic development and wealth generation is a recent phenomenon. The lessons from the utilization of technology over the past two decades are clear. Those who manage technology creatively and innovatively will reap the benefits of sustained economic growth. They can also play an important leadership role in dealing with new issues regarding competition and cooperation. (1986, 1) Over the last three decades policy makers, academicians, and those in government have shown an increased awareness of the importance of technology transfer.1 This is a dynamic area of study that examines traditional topics such as intellectual property management, risk management, market identification, the role of public and private labs, and the role of universities.2 The study of technology transfer can...