“Technology transfer” is one of those phrases that can be interpreted in different ways. From the academic perspective, we typically think of tech transfer as the movement of ideas, inventions and discoveries out of the research lab, through the patent office, and into the commercial sector.

The net effect of this transfer of technology is the creation of new products and companies, expanded employment, and the resultant increase in the tax base which further fuels the economy.

The Technology / Business / Economic Cycle Chart

State and federal agencies provide funding on a competitive basis for our faculty’s creative efforts. Last fiscal year, MCG researchers had grant and contract support of almost $30 million. Topics ranged from studies on the molecular basis of disease to new dental amalgams and improved approaches to gene therapy. The goal of the MCG Office of Technology Transfer and Economic Development is to make certain that the discoveries ensuing from our research programs do not languish in a library, but instead are transferred to a corporate entity that can use them to create new products and services.

With the availability of a new MCG research building with business incubator space (currently in the design phase), a rapidly expanding business infrastructure in Augusta (which will include the new GMCA Research and Technology Park, complete with buildings, a BioBusiness development center, and seed funding), the Medical College of Georgia will be an ideal partner for biomedical and biotech businesses.

The ultimate aim of the MCG technology transfer initiative is to make healthcare more effective and efficient, while generating new sources of support to promote research and to fund innovative academic initiatives.

Research | Medical College of Georgia
Please email comments, suggestions or questions to:
aafzalpurkar@mcg.edu, or call (706) 721-1376

12/12/06