Why does an mit professor wants to bring entrepreneurs into the lab?

The work of a scientist in a lab is like climbing a mountain”, says  Ed Boyden, director of the brain technology group at the MIT Media Lab.He is recognized for his work on opto-genetics. A scientist is always focused on reaching the summit and answering questions on their research, but at times they may stop to spin out something for the people said Boyden at Forbes’ 2017 Under 30 Summit in Boston.

He has unofficially brought entrepreneurs into the lab, people who could notice the value of something immediately  and act on it. Boyden want to formalize a sort of entrepreneurship residence program. The details, such as, how to deal with intellectual property, are still being worked out.

Boyden has experience spinning research applications out into companies. Boyden has also co-founded Expansion Technologies to commercialize a new technique of mapping the brain’s structure that may also be useful in studying tumors.

Other scientist-entrepreneurs at the Under 30 Summit shared their experiences building companies from research discoveries.

The biggest surprise for me has been that working in industry is a lot more patient-centric,” said Alice Zhang, who founded Verge Genomics to use machine learning on genetic data to speed up drug discovery for neurodegenerative disorders including Alzheimer’s, Parkinson’s and ALS.

Boyden’s contribution has had a great impact globally and also enhanced the field of Intellectual Property Rights.

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