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32 Can.-U.S. L.J. 89 (2006)
Financing Innovation: Investment in Development and Marketing of New Technology, Venture Capital, and Other Aspects of Innovation

handle is hein.journals/canusa32 and id is 111 raw text is: FINANCING INNOVATION: INVESTMENT IN DEVELOPMENT AND MARKETING OF NEW TECHNOLOGY, VENTURE CAPITAL, AND OTHER ASPECTS OF INNOVATION Session Chair - Selma M. Lussenburg United States Speakers - Theodore C. Theofrastous & Dr. Joseph J. Jankowski Canadian Speaker - Mark Romoff INTRODUCTION Selma M. Lussenburg It is my great pleasure to be here to chair a panel on financing innovation, investment in development, and marketing of new technology. I think it is fair to say that the presentation we just heard serves as an excellent frame- work for the discussion that is going to follow. The focus of our discussion today - and we do have a surprise guest that I will identify shortly - is a look at this topic from two very different perspec- tives; the first perspective is the initiation of research, identification of oppor- tunities, and ownership of intellectual property. In the context of financing innovation, Ted and Joe are going to speak about the inherent conflict between the institution, which sponsors the re- search, the innovation and the interests of the individual investigator and researcher, and the need to protect the intellectual property, which is being created. I will give Ted and Joe's background momentarily. Our second perspec- tive, if you will, starts at the other end of the spectrum, and that is at the end of business or industry. And the focus of this presentation will be in identify- ing the need for new technology so going to industry, trying to see what it is to understand what industry needs to do and then finding the researchers and technology to support the industrial innovation and growth. We are fortunate to have three excellent speakers today. From my left to my right, starting with Joe at the far end, is our unannounced but excellent speaker, who is going to tandem team with Ted, is Joe Jankowski. He is the Assistant Vice President of Biomedical Science at Case. He manages the commercialization function of biomedical technology for the Case School of Medicine and its affiliates. He sits on the conflict of inter-

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