May 5, 2013
Arizona State University is helping faculty and student innovators bring their ideas into the marketplace through the membership in the National Academy of Inventors (NAI). As a Charter Member Institution, ASU joins more than 75 other U.S. universities and nonprofit research institutions such as California Institute of Technology, Purdue University and Texas A&M University. The NAI also includes three international affiliates and more than 2,000 individual academic inventor members.
Founded in 2010, the NAI is a growing nonprofit organization that seeks to recognize and encourage inventors who have one or more patents issued from the United States Patent and Trademark Office. ASU’s participation allows university-affiliated inventors to join as individual members. The NAI supports members in development and commercialization of academic patents and inventions, and disclosure of intellectual property.
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Among its many activities, the academy hosts an annual conference and publishes the journal Technology and Innovation – Proceedings of the National Academy of Inventors. Sethuraman “Panch” Panchanathan, senior vice president for ASU’s Office of Knowledge Enterprise Development, will serve on the journal’s editorial board.
“We are delighted to be a part of this academy,” said Panchanathan. “The inventions across the university have exceptional potential impact and we look forward to promoting these efforts with NAI and through their network.”
This membership will provide ASU with greater capacity to honor the inventors and innovators whose creative thinking and entrepreneurial spirit contribute to the development and commercialization of academic inventions.
ASU will participate in a number of NAI events, meetings and activities to recognize the innovative work happening throughout the university.
For more information on the National Academy of Inventors, visit http://www.academyofinventors.org.