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News From the Field
Organizational Climate Drives Commercialization of Scientific and Engineering Discoveries
July 7, 2011
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Research universities with an organizational climate that actively supports commercialization and encourages interdisciplinary collaboration among researchers are more likely to produce invention disclosures and patent applications, according to a Baylor University study.
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Baylor University
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2012, its budget was $7.0 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
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