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The cutting edge research that is being conducted at UC Riverside produces many patentable innovations. The OTC performs marketable research on the generated intellectual property (IP) and determines appropriate companies to license the technology to.
= <span style="font-family:arial,helvetica,sans-serif;">University and Industry Collaboration </span> =
<span style="font-family:arial,helvetica,sans-serif;"><span style="font-size:small;">The Research and Economic Development (RED) department has hired a new Associate Vice Chancellor of Technology Partnership with the directive of reaching out to local companies and strengthening the existing ties. There are several programs beginning to be set up to provide internships for the student body to work at local companies. The staff at RED has also been recruiting local entrepreneurs to serve as mentors for student research and senior design projects and to guide entrepreneurial efforts. A Riverside Toolkit is also in development which will provide participating groups access to reduced cost or free services from the community. </span></span>
= Regional and Local Economic Development =