A new executive has arrived at Stony Brook University hoping to commercialize discoveries that come from university research and development, according to a report published this week in Newsday.
Peter Donnelly has been appointed director of the office of technology licensing and industry relations after holding a similar position at Argonne National Laboratory in Illinois. The goal, according to Newsday, is to harness research and development to boost Long Island's economy.
Stony Brook landed 94 licensing agreements between 2007 and 2012, which is more than New York's other SUNY colleges but far below nationally-known universities such as Stanford (534 agreements) and Cornell (450 agreements) over the same time frame.
"We have been doing well – but it's not good enough. We really want to excel," Benjamin Hsiao, the university's vice president for research, told Newsday.