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An innovation gap has emerged as American universities have focused
on basic research and industry has concentrated on incremental
product development. This gap has widened in recent decades, and
the country has failed to close the gap in large part because of
three myths-that innovation is about lone geniuses, the free
market, and serendipity. It is time to embrace a new solution. In
Organized Innovation: How Universities Can Join Forces with
Business and Government to Renew America's Prosperity, Currall,
Frauenheim, Perry, and Hunter provide a framework for optimizing
the way America creates, develops, and commercializes technology
breakthroughs. A blueprint for leaders in universities, business,
and government, Organized Innovation addresses the innovation gap
before us, builds upon the collaborative, brokered way that
innovation happens best, and explains how these new discoveries can
be most effectively put into practice today to the benefit of both
our country and the world. The Organized Innovation framework is
grounded in the authors' nearly decade-long study of lessons from a
little-known but highly successful federal research program. Over
the past quarter-century, the Engineering Research Center program
has returned to the U.S. economy 10 times the funding invested in
it. Detailed cases from the ERCs are used to bring to life the
elements of the Organized Innovation framework.
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