MIT: ACADEMIA-INDUSTRY PARTNERSHIPS, a model example. “The founding principle in 1861, when M.I.T. was created, was to provide and support the industrialization of America. I always say we were founded on the principle of tech transfer,” says Susan Hockfield, who served as M.I.T.’s president from December 2004 until June of this year.””
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http://www.nytimes.com/2012/11/25/business/mit-lab-hatches-ideas-and-companies-by-the-dozens.html?pagewanted=2&_r=0