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Visit our all new poetry website www.bayeuxpoetry.com
Steve Lazarus & Udayan Gupta
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6.125" x 9.25" |
In 1986, the trustees of the University of Chicago created a unique organization. They called it ARCH because it was designed to service the Argonne National Laboratory as well as the University of Chicago. Its mission was to take title to the discoveries and inventions occurring at the two institutions, largely financed with public funds, and transform them into sustainable enterprises. During the next twenty years ARCH spun out of the University, established a national presence, started well over 100 companies, and raised over one billion dollars in venture capital. Along the way it developed a model for technology transfer from universities and government and corporate laboratories that has proven unusually successful.
What are the approaches and elements involved in bridging the gap between academic research and entrepreneurial commercial success? How important is this process to insure that the benefits of the nation’s enormous investment in research reach and contribute to the national economy? MIND INTO MATTER explores the history of transferring ideas from university research labs to the marketplace, and describes one organization’s twenty year effort at dealing with the issues arising from this powerful collision of the public and private sectors.
Steve Lazarus is Managing Director Emeritus of ARCH Venture Partners. In 1986, he became the founding CEO and President of the ARCH Development Corporation and Associate Dean of the Graduate School of Business at the University of Chicago. From 1974 to 1986 he worked at Baxter Health Care retiring as Group Vice President of Health Care Services. He served as a Director of Amgen Corporation for 17 years. Lazarus retired from the U.S. Navy with the rank of Captain in 1974. While in the Navy, he served as Deputy Assistant of Commerce for East-West Trade and was the founder and first Director of the Bureau of East-West Trade. He holds an AB degree from Dartmouth College and an MBA from the Harvard Business School.
Udayan Gupta is a software and publishing entrepreneur. He studied economics at Harvard and upon graduating went on to earn a Master’s degree in film at Boston University. For over a decade, Gupta served as a Senior Special Writer for The Wall Street Journal covering many of the characters and companies who figure prominently in this book. Gupta also was a Walter Bagehot Fellow in Business & Economics Journalism. His recent books include A NATURAL WAY OF BUSINESS: An Unusual Partnership in Sustainable Tourism (Bayeux/Gondolier); THE FIRST VENTURE CAPITALIST: Georges Doriot On Leadership, Capital, and Business Organization (Bayeux/Gondolier), and DONE DEALS: Venture Capitalists Tell Their Stories (Harvard Business School Press).
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Bayeux Arts gratefully acknowledges the financial support of the Canada Council for the Arts, the Alberta Foundation for the Arts, and the Government of Canada through The Book Publishing Industry Development Program. Copyright © 2007 Bayeux Arts