==Encouraging faculty innovation and entrepreneurship==
<span style="font-size:medium;"><span id="docs-internal-guid-2754f9a5-7fff-c72c-cae6-4d2e1fa95a14"><span style="font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Louisiana Tech University has many research centers on campus involving faculty, graduate, and undergraduate students that provide opportunities for developing new technologies. Encouraging innovation, establishing technological breakthroughs, and creating economic value for the region are all highly valued by the university and any opportunities to do so are encouraged. Research and economic developments of developed technologies are practiced within the College of Engineering and Science where many professors spend the bulk of their time. Here, they can lead research endeavors or run a side business (oftentimes with their graduate students) that make use of the technologies produced during research. The university has a system in place to retain a percentage of profits from technologies and patents developed with university resources, but it is not so large a percentage that faculty refrain from pursuing further development. Start-ups can be created and backed through the University Technology Business Development Center by having resources that can help entrepreneurs through every step of the business process.</span></span></span>
==Actively supporting the university technology transfer function==