asu in the news 02-06-08 to - ASU News - Arizona State University

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ASU in the News Publication Name: Business Journal Phoenix, Phoenix, AZ Market Name: Phoenix, AZ Publication Date: 2008-01-04 00:00:00.000 Frequency: Weekly; Fri Circulation: 15270 Market Rank: 12 Title: ASU students drum up economic partnerships abroa... Byline: BY TY YOUNG Favorability: Positive 34
ASU students drum up economic partnerships abroad BY TY YOUNG tyyounggpbizjou rns Is corn The Emerald Isle and the Grand Canyon State may be diametrically different in nearly every way but Arizona State Uni versity students still are finding a major resource in their Irish counterparts A handful of ASU science and chemistry students are yartnering with peers from Ireland s three universities to advance their research and find a market for their products ASU President Michael Crow a big supporter of making the school a scien tific research powerhouse said Ireland is an obvious entry point for global business We are always lookingfor ways to enter Arizona State University into new areas in the global economy Crow said Ire land is a great entry point because of its dedication and support of research fund ing and educational excellence In Ireland much of the investment for research into alternative energies bio technology computer science and infor mational sciences comes from the private and public sectors With more than 5 bil lion invested in science and technology research since 2000 Intel Corp Hewlett Packard Co and dozens of other large companies have targeted Ireland for fu ture research partnerships These economic connections attracted many ASU researchers and students But ASU also caught the eye of some visitors from Ireland including Sarah Ingle a pro fessor of entrepreneurship at Dublin City University While spending some time in the Val ley last year and meeting with leaders of ASU s WP Carey School of Business she became impressed by the entrepreneurial spirit of the students Before returning to Ireland she hatched a plan with Julia Rosen ASU s assistant vice president of Business Journal Phoenix Circulation: 15270 DMA: Phoenix, AZ economic affairs to partner recent Edson Student Entrepreneur Initiative award winners with business students at DCU We were trying to come up with ways to involve more students Ingle said It is working really very well so far Murat Karatas an ASU doctoral student in marketing has yartnered with five DCU students to build a business model for a Web site he s developing that will help us ers learn foreign languages While Kara tas is building Livelanguages com five DCU students are looking at advertising opportunities and companies that could contribute Meanwhile ASU junior biochemistry student William Hamilton is trying to cre ate synthetic proteins to use in artificial blood He developed his idea while serving in the U S Army prior to starting at ASU As he sifts through chemicals and peers through microscopes to complete his re search students at DCU are looking for biotechnology companies to fund and eventually buy his invention A lot of students businesses are fairly standard A lot of groups create restau rants or online companies that provide some sort of a service said Teegen McGuire a senior DCU marketing stu dent When we saw the different busi ness ideas that were coming from ASU we thought William s project sounded really interesting McGuire alongwithfourother students already has courted Biopure Corp Hemo sol BioPharma Inc and Northfield Lab oratories to participate in the research Each of those bioscience companies is in a different stage of artificial blood produc tion but all said they could benefit from Hamilton s research McGuire said After meeting his Irish counterparts in person and through Internet commu © Copyright 01/04/2008 Business Journal Phoenix Cision USA, Inc. All Rights Reserved. Unlicensed Reproduction, Sale or Republication Prohibited. City: Phoenix State: AZ Account: 2565G0 Date: 01/04/2008 Pub Num: 12B745 Section/Page: 13 Page Count: 1 / 3 nications Hamilton said he is more than impressed with the abilities of the DCU team They are real go getters he said I don t think I ve seen anything like it be fore They are very motivated Some ASU students are living in Ire land to help with research studies Five students have called National University of Ireland at alway home for the past semester They are there helping with gly cobiology research for L okesh Joshi an associate professor in the Harrington De partment of Bioengineering at ASU s Ira A Fulton School of Engineering The entire group studies at NUI alway and hopes to follow the Irish tech transfer process that could lead to business oppor tunities While in Ireland they use the university s facilities partner with other researchers and work within the country s research based economic infrastructure They also hope this research exchange will lead to further partnerships between the two universities We re really interested in learning from the Irish model and developing long termpartnerships between NUI and ASU said Kausar Samli an ASU chemistry Ph D student handling much of Joshi s research in Ireland NUI Galway President Iognaid Muir cheartaigh said he s happy to see students from ASU using the resources of his school A strong proponent of global connection in research he said international partnerships are the future of innovation It makes me feel good to see this hap pening he said Our futures are depen dent on what takes place today and what these students are doing at both schools will be very important in the future RefNo: 3369a3
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