State and local governments should fund Statewide Commercialization and Entrepreneurship Organizations to connect resources with local innovators and entrepreneurs.
Commercialization and entrepreneurship are keys to economic development. To maximize both, there should be at least one organization in each state that has this as its mission. One model is Oklahoma’s non-profit i2E organization. Through its various programs i2E helps Oklahoma companies with strategic planning assistance, networking opportunities, and access to capital. Likewise, Pennsylvania’s Ben Franklin Technology Partners have over their 25 year history evolved to serving as a statewide resource for technology commercialization for entrepreneurs.