. . .

Benefits to VECtor:

The Academic - Industry Neutral Technology Transfer Consortium

• Creation of A New Research Entity at The University of Houston:
  • a method for the University of Houston to test an alternative way to commercialize intellectual property, without requiring a budget increase
  • community use of VETL, as well as industry based technical support of VETL
  • the first serious attempt to bring industry into the proposed University of Houston Industrial Park at the former Schlumberger facilities
• Income to Support:
  • hardware enhancements at VETL
  • faculty and VETL staff research
  • graduate and undergraduate student research
• A Mechanism to Commercialize VETL Developments:
  • "missionary marketing" to potential users of VETL technology, by showing how virtual environments can be used to communicate complex spatial relationships
  • getting potential customers to pay for the services and thus prepared to pay for the products derived from VETL research
  • testing a methodology of commercializing technology that can be generalized and used to commercialize other University of Houston intellectual property
  • University of Houston ownership in a firm focused on outsourced commercialization of technology

Proposed Relationship Between :

• The University of Houston: The Academic Partner
• Walden 3-D, Inc. and it's subsidiary Technology Commercialization Corporation: The Industrial Partner
• VECtor: The Academically and Industrial Neutral Technology Transfer Consortium

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