The University of Arizona is launching Tech Launch Arizona, a new technology commercialisation unit for the institution.

The University of Arizona (UA) has launched a new technology commercialisation unit called Tech Launch Arizona.

In addition, UA is broadening its definition of research so that faculty members may receive credit for tech transfer in addition to traditional scholarship.

The move comes after university leaders decided upon opening new channels of funding and impact, which they hope to achieve through industry-sponsored research and technology commercialisation.

Ann Weaver Hart, president of UA, said: “We will need to create new knowledge with new partners and in new places for us to be able to achieve the vision of the 21st century land-grant university.”

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