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August 6th, 2007
Other spinoff initiatives are underway at state universities around the nation, from the University of Massachusetts to the University of North Carolina, often in partnership with state governments. UMass, for instance, has been promoting start-ups in the nanotechnology field.
"It's been a long learning curve for everybody," said Lita L. Nelsen, director of MIT's Technology Licensing Office, which is regarded as a national leader in technology transfer. "The number of schools that have gotten competent in this area has been increasing significantly. Most are getting into it for its economic impact and to help get new technologies, drugs, and medicines into the economy."
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