Graduate Business School Students Evaluate Commercialization of Groundbreaking Federal Technologies

In technology transfer, standing still is tantamount to falling behind. The field of federal technology transfer progresses because it teems with fresh and creative approaches to introduce the results of government-funded scientific research to the marketplace and to promote its commercialization.

One of the most impressive and innovative technology transfer initiatives is the Federal Lab Education Accelerator (FLEX) Program, sponsored by the Federal Laboratory Consortium (FLC). The FLEX Program began as a pilot program of the FLC’s dynamic and productive Mid-Atlantic region and is open to participants from all FLC regions. FLEX introduces graduate business school students to promising federal technology licensing opportunities. Teams of graduate students select promising patents, explore their contexts and potential, and then produce market assessments. The market assessments provide valuable information about the technologies’ potential growth and development to the federal agencies that developed them. 

Two teams of talented graduate students from the Arizona State University's (ASU) W. P. Carey School of Business, one of the United States’ most prominent business schools, have examined two NIST technologies since the beginning of this academic year. They produced market assessments under the guidance of seasoned faculty and presented their case studies to an audience of NIST scientists and FLC staff in the late autumn of 2023.

A four-person student team investigated the marketing potential of the Wireless Wearable System to Monitor Levels of Fluids in the Lungs technology. This invention was developed by Dr. Kamran Sayrafian, an Electronics Engineer and Senior Scientist in NIST’s Information Technology Laboratory’s Applied and Computational Mathematics Division.

The team reported that the technology addresses Pulmonary Edema, a dangerous medical condition that is often a complication of left-sided Congestive Heart Failure, and that Congestive Hea ..

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