262B.3 - DUTIES AND RESPONSIBILITIES.

        262B.3  DUTIES AND RESPONSIBILITIES.
         1.  The state board of regents, as part of its mission and
      strategic plan, shall establish mechanisms for the purpose of
      carrying out the intent of this chapter.  In addition to other board
      initiatives, the board shall work with the department of economic
      development, other state agencies, and the private sector to
      facilitate the commercialization of research.
         2.  The state board of regents, in cooperation with the department
      of economic development, shall implement this chapter through any of
      the following activities:
         a.  Developing strategies to market and disseminate
      information on university research for commercialization in Iowa.
         b.  Evaluating university research for commercialization
      potential, where relevant.
         c.  Developing a plan to improve private sector access to the
      university licenses and patent information and the transfer of
      technology from the university to the private sector.
         d.  Identifying research and technical assistance needs of
      existing Iowa businesses and start-up companies and recommending ways
      in which the universities can meet these needs.
         e.  Linking research and instruction activities to economic
      development.
         f.  Reviewing and monitoring activities related to technology
      transfer.
         g.  Coordinating activities to facilitate a focus on research
      in the state's targeted industry clusters.
         h.  Surveying similar activities in other states and at other
      universities.
         i.  Establishing a single point of contact to facilitate
      commercialization of research.
         j.  Sustaining faculty and staff resources needed to implement
      commercialization.
         k.  Implementing programs to provide public recognition of
      university faculty and staff who demonstrate success in technology
      transfer and commercialization.
         l.  Implementing rural entrepreneurial and regional
      development assistance programs.
         m.  Providing market research ranging from early stage
      feasibility to extensive market research.
         n.  Creating real or virtual research parks that may or may
      not be located near universities, but with the goal of providing
      economic stimulus to the entire state.
         o.  Capacity building in key biosciences platform areas.
         p.  Encouraging biosciences entrepreneurship by faculty.
         q.  Providing matching grants for joint biosciences projects
      involving public and private entities.
         r.  Encouraging biosciences entrepreneurship by faculty using
      faculty research and entrepreneurship grants.
         s.  Pursuing bioeconomy initiatives in key platform areas as
      recommended by a consultant report on bioeconomy issues contracted
      for by the department of economic development.
         3.  Each January 15, the state board of regents shall submit a
      written report to the general assembly detailing the patents and
      licenses held by each institution of higher learning under the
      control of the state board of regents and by nonprofit foundations
      acting solely for the support of institutions governed by the state
      board of regents.  
         Section History: Recent Form
         88 Acts, ch 1268, §11; 2003 Acts, 1st Ex, ch 1, §97, 133
         [2003 Acts, 1st Ex, ch 1, §97, 133 amendments to this section
      rescinded pursuant to Rants v. Vilsack, 684 N.W.2d 193]
         2005 Acts, ch 150, §32
         Technology commercialization specialist, committee, and officer;
      §15.115--15.117