So, last week I was having a discussion with a potential new client. The firm liked our expertise in taxation and finance, as well as management, but…
I’ll bet there isn’t one of you who doesn’t know that I’m a techie. I’ve been devoted to science and technology- and FACTS- since I was a tyke. I knew I’d be a ChemE by the time I was 8 and was just as certain I’d effect major changes to the field of dialysis. I’ve been lucky enough to dabble in water treatment, water reuse, air treatment, microbial conversion of hazardous materials, pharmaceutical development, medical instrumentation, genetic manipulation, food production…. OK. You get the idea.
You know I write often about the fact that our government has been attriting its support for R&D. Maybe if we could demonstrate to the politicians in terms they could understand (ok, in complete sentences- we can only hope some understand that) we could reverse this terrible trend. After all, without R&D, a nation’s economic prowess simply withers. As they say around MIT, the biggest day for technology transfer is graduation day.
I’ve written about crowdfunding before. And, most of you know it for its use in consumer products and creating parks. But, there’s a great interest in having the public help scientists and engineers bring technical products to market. Especially since our government has been cutting back on the funding of R&D over the years.
One of the things I learned at MIT was how universities can increase their ability to provide scholarships and maintain their educational excellence. It wasn’t from the conventional academic process. No, these funds didn’t come from government grants for research. Because even back then, there wasn’t much (or any) excess in the funding that was provided by NIH, DOD, NSF, and the variety of alphabet agencies that support our educational research programs.