| The
University
and the City A Centennial View of the University of Chicago |
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Science and Medicine Science
in the City While nuclear research under government sponsorship moved to the suburbs, the University sought industry and corporate support to build facilities for basic research on campus. The Enrico Fermi Institute and the James Franck Institute were outgrowths of efforts in the 1950s to expand facilities and spur research in areas which would eventually be of use to industry and business. Medical uses of radioactive isotopes were explored in the Argonne Cancer Research Hospital on Ellis Avenue. With funding from NASA, the University built the Laboratory for Astrophysics and Space Research, which provided facilities for University research connected to NASA's space flights. When government support declined in the 1980s, the University sought better means to connect the long-term goals of its research programs with the needs of businesses and industries which could benefit from its discoveries. Closer relationships needed to be developed to increase commercial dissemination of products and processes derived from laboratory investigations. In 1986 ARCH was created-the Argonne National Laboratory-University of Chicago Development Corporation-to assist in moving scientific discoveries from research laboratories to the marketplace. ARCH coordinated the development of industrial applications from scientific research and, with support from the Graduate School of Business, assisted with venture capital, marketing strategies, and management for commercial spin-offs. |
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