University researchers, companies work together for technological advances and business opportunities

Innovation, as any mad scientist will acknowledge, rarely happens as a solitary pursuit, which is why collaborations between researchers, companies and universities are increasingly on the rise across the Front Range and Wyoming.

It’s what some might call a virtuous cycle.

Researchers create new products and technologies, then license them from universities and create new companies. Large sums of money often end up with the university in such a case — money that can be used to help other researchers work on commercializing yet another new product or technology.

And so on and so on.

Larry Gold, a University of Colorado-Boulder professor and a…