Small Business Development 2006: Cornell's Research Serves the Region

Abstract

Cornell's Research Serves the Region and Beyond: Small Business Development covers founded by Cornell faculty, staff, students, or alumni. Located in Tompkins County are nanotechnology and biotechnology firms; high-tech materials testing, food development and testing, and veterinary testing laboratories; software development firms; and many others. Examples of their products include fuel cell technology for portable electronic devices; foodservice and nutrition services software for the world's education, entertainment, and medical industries; MEMs technology that is applicable in the automotive, biotechnology, and consumer electronics industries; blood flowmeters for medical research and surgical use; specialty chemicals and materials development covering a wide range of high-tech uses; and food products. A community such as this helps to sustain a solid economic base in the region, and at the same time, advances growth and diversity in the state's economy. This publication also includes other small companies that take Cornell's research to practical fruition. These are companies that licensed Cornell technologies but are located beyond the region. It also includes Weill Cornell Medical College's recent spin-offs. Cornell's Research Serves the Region and Beyond: Small Business Development illustrates how technology transfer is achieved through small business development. It documents 110 small businesses with ties to Cornell's extensive academic resources--its people, research, and facilities. It offers many examples of how Cornell's research serves the local community, as well as state, national, and global communities. With $561 million (FY 2005) in research expenditures and start-up companies translating research and technology into products and services, Cornell's potential for serving the region through economic development as well as serving the public in new and essential ways is extraordinary.