Accelerating Technology Transfer in Greater Philadelphia
Greater Philadelphia is one of America’s great regions, combining a high quality of life, world-class attractions and assets, a large and diverse economy, and one of the world’s leading collections of colleges and universities. However, despite the excitement, Greater Philadelphia continues to lag in key indicators of new company formation and technology transfer.
The CEO Council commissioned the Economy League to analyze the gap between the region’s relatively robust science and technology research and its lagging new private sector development. Based on a literature review, benchmarking against peer regions, and interviews with stakeholders, the study identifies several strategies for advancing the area’s commercialization potential.