Intellectual property has become a big deal. There are many examples of academic medical center-spawned patents being spun out into new company creation. If AMCs are getting financial payoff from Intellectual Property spin-offs, why not get a share of the real estate value creation where AMC initiatives are connected with community and civic redevelopment activity? In many cases AMC initiatives play a prominent role in community and civic redevelopment projects. Some examples include St. Jude Children’s Hospital in Memphis. Teaming with developers is a possibility.
- From Tradeline’s Academic Medical Centers 2007 Conference

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