Maryland Statutes
Part V - Maryland Innovation Initiative
Section 10-454 - Definitions

(a)    In this part the following words have the meanings indicated.
    (b)    “Commercialization” means the process of introducing a new product or technology into the market.
    (c)    “Fund” means the Maryland Innovation Initiative Fund established under § 10–457 of this subtitle.
    (d)    “Initiative” means the Maryland Innovation Initiative established under § 10–455 of this subtitle.
    (e)    “Participating members” means the representatives described in § 10–455(b) of this subtitle.
    (f)    “Qualifying university” means a public or private university that meets the requirements set forth under § 10–455(c) of this subtitle.
    (g)    “Technology transfer” means the process of converting scientific and technological advances into marketable goods and services.
    (h)    “University” means a nonprofit, research university located in Maryland.

Structure Maryland Statutes