Chang Industrial opened its first Chicago Area office in Evanston, Illinois, in July to focus on solving 21st century problems. The office will house a Chang Industrial company, Intellectual Property (IP) Studio and be led by Dr. Timothy Wei.
IP Studio aims to transform great ideas into commercialized products that effectively solve real-world problems. They achieve this through a novel process called “Virtual R&D”. Most research and development (R&D) programs and innovation pipelines operate as closed systems. IP Studio’s "Virtual R&D” process is an open system designed to integrate private companies, start-ups, academic institutions, and engineering departments.
“One of our key ingredients is using public-private partnerships to link world-class academic researchers with leading industry innovators to empower transformational change.” says Dr. Wei
Check out the full press release at one of the publications below:
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