Invention and Innovation

The EERC develops intellectual property for its partners' competitive advantage. The successful commercialization of energy and environmental technologies requires, first and foremost, talented and passionate people, capital, effective partnerships, market knowledge, practical experience, state-of-the-art technical facilities, strong organizational support, and a tolerance for risk. The EERC Foundation, in direct cooperation with the EERC, has all of these key components to convert intellectual property into commercial reality. The EERC Foundation’s intellectual property is the impetus for commercial partners to excel in the competitive market.

The key to the successful EERC Foundation business model is innovation based on partnerships and best business practices. The EERC Foundation enables its entrepreneurial partners to cost-effectively translate breakthrough inventions into marketable products. The success of these innovative products in the marketplace results in significant economic, environmental, and societal benefits worldwide.

Commercialization of innovative technologies is key to the creation of high-quality jobs, new wealth, and economic prosperity. It is also the key to the future of the EERC at UND. Many university-based research groups engage in research and development (R&D). The EERC is different. Not only does it operate like a business within a university, but the EERC is committed to the demonstration and commercialization of its technologies, which is led by the EERC Foundation.

Two market forces–energy and the environment–shape the business model, expertise, and technologies commercialized by the EERC Foundation. The energy industry is focused on the growing demand for more efficient, economical, and sustainable techniques for utilizing a variety of fuels; the environmental field is challenged with the growing demand for the cleanup and control of pollutants and other environmental hazards. Opportunities in the energy and environmental arenas are dynamic, and we anticipate tremendous growth over the next 20 years. The aim is to secure sustainable energy; clean air and water; and fertile, productive soils for the future.