Delivering technological innovation by securing industry and education partnerships.
Technological innovation is the value add that will ensure the future of American industry. Virginia is home to a rich array of intellectual and business assets in industry and universities that work well together. Virginia Tech provides the Commonwealth with advanced research activities of national and international significance, as well as the human and intellectual capital to put those innovations to work in the marketplace.
Our office advances the university's engagement mission by applying this strong base of innovation assets to economic development needs and opportunities around Virginia. By working with industry, we can help companies pull out the right intellectual capital to develop new materials and processes that will improve efficiency and increase market share. With some of the most diversified intellectual property portfolios in the nation, our scientists also push out new discoveries to support a dynamic and evolving marketplace.
With support from the U.S. Economic Development Administration, we have put Virginia Tech engineers together with the transportation equipment manufacturing industry. They are helping firms become more competitive by developing new products and working new efficiencies and green practices into factories.
Key Projects and Initiatives
OED personnel work to precipitate innovative practices and processes between companies in Virginia and Virginia Tech faculty. We build partnerships that can increase company or industry competitiveness as well as facilitate commercialization of technologies and services.