MUSC will develop a mechanism to identify potential business-industry relationships that will further the mission of the institution and allow timely application of emerging scientific discoveries in the marketplace. First Objective:
Within 12 months a Business-Industry Advisory Council will be created by the Provost that will identify current industry-academic relationships, foster new relationships, and help change the culture of MUSC to becoming more friendly to industrial collaborations. Representation includes Development Office, Foundation for Research and Development, Provost’s Office, Research Administration, and key researchers who have established successful links with industry. | First Related Strategy - Create a database of faculty experts and other individuals at MUSC with academic-industrial collaborative relationships in the first year of the council’s existence. | Second Related Strategy - Develop tools for establishing a pro-industry culture at MUSC including streamlining industrial-academic collaborative approval, examining indirect cost structure effects on industrial partnerships, and implementing incentives and rewards for developing successful relationships within two years of the council’s existence. |
Considerations:
The remarkable growth in the research capacity and productivity of scientists at MUSC has opened new opportunities for translating these discoveries into health care practices. Several faculty members already have created bridges with industry to develop our research discoveries into practical health applications. However, MUSC as an institution has not developed the infrastructure that can promote industrial-scientific relationship throughout the entire University. To achieve this Goal, the culture of the University will have to embrace relationships with industrial partners and even invest in programs that can facilitate these arrangements. While there may be political resistance in the community or state against a publicly-funded entity working closely with the private sector, the ability to expand our research capacity and to accelerate the application of our scientific discoveries to patient care is dependent on overcoming this potential barrier. First Goal- Resources & Enviroment Work Group
Second Goal- Resources & Enviroment Work Group
Fourth Goal- Resources & Enviroment Work Group
Fifth Goal- Resources & Enviroment Work Group
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