The New York State Foundation for Science, Technology and Innovation (NYSTAR) today announced $1.05 million in funding for the New York State Science and Technology Law Center (NYS STLC) housed at the Syracuse University College of Law.
The funding is a testament to NYSTAR's commitment to the innovation economy; the NYS STLC will receive $350,000 in annual funding over a three-year period.
In 2004, NYSTAR selected SU College of Law as the NYS STLC. The center advises Centers for Advanced Technology, Strategically Targeted Academic Research Centers, Advanced Research Centers, Centers of Excellence, NYSTAR and other academic institutions on technology-related legal issues.
The center also conducts research on the commercialization of new technologies and intellectual property management practices with emphasis on legal issues pertaining to intellectual property, legislation and regulations, and licensing law, as well as patent searches, which are an important component of intellectual property management and commercialization.
In addition, the center makes relevant information available to start-up and early-stage technology companies outside of university settings.
"Syracuse University is very pleased to have earned NYSTAR's recognition of our leadership in technology commercialization once again," says says SU Chancellor and President Nancy Cantor. "Our STLC leverages this longstanding strength of our College of Law to promote economic growth across New York state. It also reflects our institutional vision of Scholarship in Action -- a commitment to bring SU's vast intellectual resources to bear on challenges we face locally and regionally, but which really are global in nature."
NYS STLC director Ted Hagelin, an SU law professor, is founder and director of the Technology Commercialization Law Program and Technology Commercialization Research Center at SU College of Law. The Technology Commercialization Law Program was established 20 years ago as the first law program in the country specifically designed to prepare students to practice in the field of technology transfer and development. Most students have science or engineering backgrounds or have worked in technology-related positions.
NYSTAR is a government public-benefit corporation that supports collaborative industry/academic partnerships for technology development, innovation and commercialization leading to economic growth.
For more information on the NYS STLC at SU College of Law, visit
http://nys-stlc.syr.edu.
