Jeff Karp, a leading biomedical engineer, discusses where, why, and how academic-business ventures can be most successful. "I think if you look at Brigham and Women’s Hospital, for example, there’s a huge effort to bridge the gaps. Their Innovation Hub runs hackathons, innovation seminar series, and pitch contests. They also schedule academic/industry events to cultivate relationships. Also, I think academic institutions that actively recruit successful innovators with deep ties to industry can serve as an inspiration to others and show both academics and business people what is possible and how to get it done."
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