Bridging basic research and commercialization
Mostly funded by the US Government
Silicon Valley - the most patents filed every year, worldwide
Palo Alto, University Avenue - key startup hub
SRI Five Disciplines of Innovation
1) Important customer and market needs
2) Value creation
3) Innovation champions
4) Innovation teams
5) Organizational Alignment
Accelerators - defined time period
Incubators - undefined time period
Choose accelerators to validate ideas faster
Non-profit - government, university
For-profit - VCs, angels
Choose for-profit so they push you towards achievements
When something is invented at SRI:
1/3 of proceeds go to the inventor
1/3 goes to the department
1/3 goes to SRI
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