Universities provide critical support for startups

In a time of augmented intelligence and the fusion of digital, physical and biological worlds, one must embrace the duty to embed innovation and impact into the University and beyond.

Carol Stewart
Tech Parks Arizona

Background and Objectives
It is a new day at the University of Arizona. UArizona President Dr. Robert C. Robbins has developed a bold and distinct Strategic Plan inspired by the Fourth Industrial Revolution. In a time of augmented intelligence and the fusion of digital, physical and biological worlds, Robbins is determined to embrace UArizona’s duty to embed innovation and impact into the University and beyond. Robbins is executing this engagement by recruiting top talent from across the country, including Dr. Elizabeth “Betsy” Cantwell, the new senior vice president for research and innovation, who leads the office of Research, Innovation and Impact. Dr. Cantwell joins UArizona after successfully serving as the CEO of Arizona State University Research Enterprise, a nonprofit organization dedicated to advancing the university’s applied research and development.
UArizona is ranked in the top 25 in 2018 in research expenditures among all public universities, according to the National Science Foundation, and is a leading Research 1 institution with $687 million in annual research expenditures. UArizona advances the frontiers of interdisciplinary scholarship and entrepreneurial partnerships as a member of the Association of American Universities, the 62 leading public and private research universities in the U.S. It benefits the state with an estimated economic impact of $4.1 billion annually. University management has taken the approach of embedding technology licenses managers in each college to foster the transfer of inventions stemming from university research into the marketplace where it can create a lasting social and economic impact.