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Monday, October 25, 2021

Watch the Regents' Special Committee on Innovation Transfer & Entrepreneurship: Oct. 21, 2021

Following the Regents' Health Services Committee off-cycle meeting of Oct. 20, the Special Committee on Innovation Transfer & Entrepreneurship met the next day. The plan is to continue having the two committees meet in that sequence on an off-cycle basis.

An interesting question about this special committee is whether anyone other than the Regents is keen on it - or even knows about it. One interesting point is that there were no public comments, suggesting that information about the committee's existence or its agenda is not widely known. 

There was some concern expressed about little faculty presence. Yet, presumably, it is the faculty - particularly in medicine, the sciences, and engineering - that is supposed to produce the innovations. Or, is the emphasis on entrepreneurship? In that case, shouldn't deans of the various UC business schools have been invited? For that matter, since the transferring and entrepreneurship that seemed to be at issue occurs mainly at the campus level, it isn't clear why the focus was at the systemwide level. Of course, the three Dept. of Energy labs, especially the Los Alamos Lawrence Livermore, might be seen as systemwide concerns. But they were not on the agenda. 

There was lots of discussion about things going on at UCOP and changing the "culture." For example, chief investment officer Jagdeep Bachhler was invited, not to talk about financial returns, etc., but rather to talk about how he had changed the culture of his office when he was appointed. 

In short, at this point, the impression gained from this committee is that it consists of Regents talking to themselves. But you can use your own judgment. The link to the session can be found at:

https://archive.org/details/regents-special-committee-on-innovation-transfer-and-entrepreneurship-10-21-21

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