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Knowledge Enterprise Development (KED) advances research, innovation, strategic partnerships, entrepreneurship and economic development at ASU, in Arizona and globally. The “knowledge enterprise” is a new model for the 21st century research university, with a focus on use-inspired research; support for entrepreneurs; robust partnerships with public and private organizations; and sustainable international development.
KED supports interdisciplinary institutes and initiatives that connect researchers from around the university to develop paradigm-shifting advances that benefit society. For example, researchers in the Biodesign Institute create nature-inspired solutions to improve human health and well-being. KED also provides assistance in bringing those ideas to market. NeoLight, Breezing and HealthTell are just some of the student and faculty health startups that have taken advantage of this support.
ASU’s unique approach to health research and innovation has met with tremendous success. The university now ranks 9th in the nation for Health and Human Services (including NIH) funded research expenditures among universities without a medical school (NSF HERD survey 2014). This places ASU ahead of Princeton, University of Maryland and Carnegie Mellon.