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In the past, universities have had a mixed record of transferring technology developed in their labs to the marketplace.
ECONOMIST: Innovation
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Japan further recycled its trade surplus through direct and indirect investments to US and Europe (Japanese companies took over and revitalized ailing US and European manufacturing companies, transferring technology and management know-how to these companies).
FORBES: Can China Save the World Economy?
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In return the Americans have lifted an embargo on the Russian state arms export agency and its associates suspected of transferring sensitive technology to Iran.
ECONOMIST: Russia and America
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The technology could be key for transferring data between massively multiple core chips - devices with several linked computing engines.
BBC: Fibre optics