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IIT and Bocconi join forces on innovation

The Istituto Italiano di Tecnologia (IIT), based in Genoa, and Milan’s Università Bocconi have announced the start of a collaboration on technology transfer—in an unusual manner.

Roberto Cingolani, IIT’s scientific director, asked Bocconi for help in a video interview with the university’s rector Gianmario Verona. Cingolani explained that his institute, which was created from scratch 12 years ago and modelled on Germany’s Max Planck institutes, now owns more than 800 patents valued at around US$35 million.

“More than 20 start-up companies have already become a reality, and 32 more are in the stage of due diligence,” he added. Cingolani called on his colleague to assist, saying that IIT’s technology transfer office is efficient but needs help to develop projects further after the institute saw them through the initial launch period.

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