Arizona State University’s technology transfer arm is partnering with Japan Technology Group to collaborate on commercializing technologies from ASU and eight Japanese universities.
Arizona Technology Enterprises will market Japanese intellectual property in the U.S., while JTG will do the same for ASU in Japan. The goal is to accelerate the transition of university innovations into the marketplace.
Augustine Cheng, managing director of AzTE, said the exposure of intellectual property from ASU researchers to Japanese industry increases the chances these discoveries will be developed further and potentially commercialized.
“This collaboration allows ASU and these Japanese universities to expand their international reach in the technology space,” he said.
While ASU has partnerships with many international and U.S. universities, this is JTG’s first formal collaboration with a U.S. university, said JTG President Taro Yaguchi.
JTG, based in Philadelphia with offices in Tokyo, represents technologies from Nagoya University, Waseda University, Tokyo University of Science, Hokkaido University, Nara Institute of Science and Technology, Kyushu University, Kumamoto University and Iwate University.
“AzTE has a proven technology licensing record, as well as an extensive network of domestic and international companies and universities on their roster,” Yaguchi said. “It is extremely beneficial to foster friendly ties with an established entity such as AzTE.”
He said the two groups also will seek joint research opportunities.
