« Sugar Daddy: Not so boron after all | Main | Reactions - Nicholas Long »

Spinning out

Graham Richards, former head of chemistry at Oxford ('the largest chemistry department in the western world', don't forget), has a new book out, and is interviewed in the Guardian here.

He's a computational chemist - and has been since computers were the size of rooms - and has spun out two pretty succesful companies, Isis Innovation and Oxford Molecular (now part of Accelrys). The interview is an interesting read, and touches on the trouble with funding bodies, venture capitalists and the higher education boom in the UK in the 1960s.

On my travels last year I particuarly enjoyed talking to academics about how different universities exploit their research. The Weizmann Institute impressed me the most: the head of chemistry, Yehiam Prior told me that about 1/3 of their funding comes from exploiting their intellectual property - and they've been doing it for about 30 years. And I think the academics themselves get to keep about 50% of the cash, with the remaining 50% going straight to the department - the Institute overall doesn't see a shekel.

Spotters badge to Dan Cressey at The Great Beyond.

Neil


Neil Withers (Associate Editor, Nature Chemistry)

TrackBack

TrackBack URL for this entry:
http://blogs.nature.com/cgi-bin/mt/mt-tb.cgi/7355

Post a comment

Comments will be reviewed by the editors before being published. You can be as critical or controversial as you like, but please don't get personal or offensive. We strongly encourage you to use your real, full name. Email addresses are required: this is in case we need to discuss your comment with you privately, or notify you in case we decide not publish your comment. Email addresses will not be made public on the blog.


Please enter the numbers you see below - this helps us to cut down on spam. If you are having trouble with this system, you can instead e-mail a comment to 'thescepticalchymist at boston dot nature dot com '.

Subscribe

Subscribe to this blog's feeds:

[What is this?]

Recent Comments

Out of 1046 total comments,
the most recent were:
Powered by
Movable Type 3.2