WEST DES MOINES, IA / ACCESSWIRE / August 27, 2014 / Spotlight Innovation, Inc. (OTCQB: STLT) today published a white paper reporting the progress and growth of the transfer and commercialization of university-generated research and intellectual property (IP). Midwest Universities are Cultivating IP Commercialization Success explores how the changing policies of the federal government in conjunction with innovations from the academic and business communities are creating new opportunities for Universities, researchers and other stakeholders to turn transformative ideas into profitable business ventures.
Cristopher Grunewald, President and CEO of Spotlight Innovation said, "The relatively recent emphasis from the federal government on commercialization of federally-funded intellectual property is creating new licensing agreements, start-up companies and impactful products at an accelerating pace. The Midwest, with a rich history in research and academia, is well-positioned to drive IP commercialization efforts that will have a positive economic impact, and in the healthcare space, have a positive impact on health and wellbeing."
White paper excerpt:
Working together, research institutions, private-sector entities and government are advancing efforts to develop innovative and substantive commercialization programs. And these efforts are reaping rewards, driving an uptick in technology transfer from universities to industry, and ultimately to the public.
The paper is available at http://www.spotlightinnovation.com/download-whitepaper
About Spotlight Innovation, Inc.
Spotlight Innovation, Inc. (OTCQB: STLT) specializes in identifying, acquiring and incubating companies that have unique intellectual property (IP) in the medical sector. The Company utilizes relationships with the nation's leading academic and institutional IP developers to locate promising IP technologies with potential for market share capture. With our support, development resources and strategic planning expertise we believe we can develop IP that will have a positive effect on healthcare. We intend to partner with proven sector leaders on commercialization once technologies are fully developed. Additional information available at www.spotlightinnovation.com.
Forward Looking Statements
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