Laserfiche WebLink
■ UNIVERSITY OF MINNESOTA RESEARCH ACTIVITY <br />The University of Minnesota's research is heavily focused on life sciences with some engineering <br />activity. The most promising research that may produce results for the Brainerd Lakes area is energy - <br />related, components for medical devices and sensor manufacturing. <br />In order to take advantage of opportunities that are derived from university research, representatives <br />from the area need to become very familiar with the R &D activities as well as with businesses that are <br />engaging in the commercialization process. <br />University of Minnesota <br />Total Research Budget: $624 million (2007) <br />V <br />N <br />Life Science <br />Research Activity Focusing <br />• Renewable energy and biorefining <br />• Materials science/biomaterials <br />• Nanotechnology /nanofabrication <br />• Medical devices (multiple aspects) <br />• Controls and robotic technology <br />• Sensor and remote sensing technology <br />Psychology <br />Math /Computer — <br />Engineering ----I <br />Social Sc. J <br />Physical Sc. – <br />Env. Sc. <br />THE PROCESS OF DEVELOPING R &D DERIVED PRODUCTS & SERVICES <br />....................... 10- R &D Operations ................................. ..............................ti <br />Research Breakthroughs ®==� Market -Back Needs <br />Process Enabled By: <br />• Technology transfer and commercialization <br />agreements <br />• On -going productivity enhancements <br />• Collaboration among suppliers, product <br />producers and systems integrators <br />• A culture of entrepreneurship. <br />Commercialize <br />Product <br />Product <br />Rollout <br />Suppliers Materials <br />Components <br />Production <br />Suppliers <br />Operations <br />Product <br />Services Integration <br />►. <br />Brainerd Lakes Area Development Corporation ■ SWOT Analysis and Action Plan <br />7 <br />