William J. Holstein

William J. Holstein's blog

My thanks to UCLA

It was terribly civil of UCLA to come out and answer the questions that I raised in a blog last week. According to this article in the Wall Street Journal, it looks to me like it is a sound management structure and philosophy. I have great hopes that this model spreads throughout the United States. I've long argued that universities need to do a better job of nurturing the entire ecosystem of innovation and commercialization, not just allow an idea to be licensed:

The New York Times Muffles "Globalization"

I know everyone is suffering brain fatigue talking about big concepts like globalization, but I was struck by how Eduardo Porter of the Times just didn't get it right in a commentary this week. So I have poured it in below and annotated it IN ALL CAPS....

 

Globalization Is in Retreat? Not So Fast

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The University of California Gets Into The VC Business

This is very interesting but also potentially problematic. It's interesting and positive because the funding that allows ideas to be spun out of research labs at universities is in perilously short supply. The absence of seed stage capital is holding back a lot of great ideas. The potential problems are in how the university manages this $250 million fund. The article says the fund will be managed by an independent team of experienced investors. That formula sounds right. But the temptation for the university to influence the management team to support certain professors will be great.

Incredibly Important Report from Brookings

These guys in the Metropolitan Studies program at the Brookings Institute are soul mates of mine. In this report, they zero in on how the U.S. Department of Energy (DOE) labs, which are enormous repositories of cutting-edge technologies, should be engaging more deeply with the regional economies around them. 

Here’s the report: http://www.brookings.edu/research/reports/2014/09/10-national-labs-andes-muro-stepp

GM and The Rest of The Industry Won't Be Far Behind Toyota

Business

GM Expects to Offer Hands-Free Driving by 2016

Automated Steering System, Vehicle-to-Vehicle Communications Would Seek to Reduce Crashes

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