June 3, 2014.
On this day, IUPUI announced that its "Innovation to Enterprise Initiative," a project to turn faculty, staff, and student research into commercial properties, produced a marked increase in inventions, start-ups, and patents. IUPUI and Indiana University Research and Technology Corporation (formerly the Advanced Research and Technology Institute or ARTI), reported that in the previous year the campus had seen significant growth in research commercialization evinced by a marked increase in the number of invention disclosures, patent applications and issuances, technology licenses, and commercial start-ups. This growth was due in part to the Initiative, through which IUPUI worked with companies and organizations to create over 500 student internships and community-engagement research and service projects.
Throughout IUPUI's history, the campus has worked closely with businesses in Indianapolis and elsewhere to foster research and innovation and advance Indiana's economy. Building a strong relationship between the university and business was one of the chief reasons why in 1968 city political leaders leaned on IU and Purdue University to improve educational opportunities and research infrastructure on their Indianapolis campuses or be replaced by an independent state university. That pressure produced the merger than created IUPUI. Since then, IUPUI leaders have worked closely with industry to transform ideas into products.
To explore research commercialization through IUPUI's history, check out records in IUPUI Special Collections and Archives. Consult staff by emailing them at email@example.com.