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Our Uniqueness
Connecting Innovation to Global MarketsTechnology commercialization is a special field of business, and we helped pioneer it. Since its founding in 1977 the IC2 Institute has focused on technology commercialization. Through academic research and practical application of our knowledge we generate real-world commercial success for technology. The creation of new wealth and new jobs is the outcome of successful technology commercialization. Achieving this success is a hazard-fraught journey along which many worthwhile ideas, inventions and scientific discoveries are lost despite their high potential or the aching need for them in the marketplace. We know how to raise the chances and magnitude of success. Doing technology commercialization right has important benefits: smarter decisions are made early in the process, risks for all stakeholders are reduced at every step along the path from mind to market, and the ability of the technology to achieve its full potential is intensified. Our capabilities are tested and proven in the real world. Developed through both research and practice, our success can be seen in the more than 150 companies we have graduated from our practical laboratory, the Austin Technology Incubator. They have generated more than $1 Billion in revenues and more than 10,000 jobs since 1989. Our education programs have helped hundreds of entrepreneurs find a successful path for their technologies, and is part of how we've helped grown the economies of nations that we have worked with in both the developed and developing world. Our resources are exceptional. As a part of The University of Texas at Austin, one of the world's leading research universities, we have easy access to leaders in science and business. Through our decades of work in the field, we have also developed a global network of resources for technology commercialization. Our engagements are productive. We deliver quick results and a sustainable capability to our clients. Through proper assessment, optimal structuring of support systems and knowledge transfer, and aggressive development of opportunities, clients see tangible results quickly and gain the capability to continue producing successes. We focus on custom solutions to start or accelerate a client's ability to commercialize technology. Solutions are crafted from our extensive set of innovative products and we draw from a set of defined programs for certain client needs. Economic Development in Emerging RegionsIC²’s reputation for collaborative thinking extends across countries and continents. Using cutting-edge technologies, students and faculty forge international partnerships to find solutions that will have a global impact. Just one look and you'll discover that The University of Texas at Austin is a global university living and breathing no matter where you are.
The Institute’s Global Commercialization Group (GCG) focuses on entrepreneurship development and bringing new technologies to market in many countries, including Hungary, India, Jordan, Malaysia, Poland and Russia among others. Global Commercialization Group (GCG) are committed to influencing the rate of growth and success of regions that have been left behind in the dramatic emergence of Knowledge Economies domestically and internationally. The Institute has joined the World Bank, USAID and Foundations in their support of emerging economies from the Former Soviet Union. Additionally, IC² spearheaded private sector development initiatives in Latin America, Australia and the Middle East that are sponsored by US defense companies. IC²'s GCG is employing the lessons learned over 30 years in Austin to solving the challenges facing emerging economies to provide stability through global competitiveness. "Effective science and technology commercialization is the key to political and economic power--and to individual quality of life."---George Kozmetsky, Recipient, National Medal of Technology and founder of IC2 Institute
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