“Integrated Integrated Technology Innovation and Commercialization f U i iti S t i bl Approach” A pp h” from Universities: A Sustainable Approach U i ity off Texas T ti University att A Austin Mechanical Engineering PI: Steven P P. Nichols Co PIs: Neil Iscoe Iscoe, Mary Rankin Rankin, Ben Streetman NSF Award IIP IIP-0650249 0650249 3 Year Award Start Date: 16 March 2007 B i f Project Brief P j Overview: O i Key Attributes of our I Innovation ti E Ecosystem: y t Whatt Sta What Starts St ts t Here He e Changes C Cha ges the tthe World Wo ld d The “Integrated Integrated Technology Innovation and Commercialization Commercialization” Program addresses the “innovation innovation gap”” b between t knowledge k l d created t d att Universities U i iti and d social i l needs d (broadly (b dl defined) d fi d) that th t university i it technologies could apply to. The three aims are: ● Education ● Commercialization ● Dissemination. The program: The Integrated Th I t g t d Commercialization C i li ti Program P g demonstrates d t t out-oft f the-box the box thinking through the structure of the program itself and th through h its it enterprise t i ties ti beyond b d universities, i iti including: i l di 1) Developed cross cross-disciplinary disciplinary educational programs including ®), which encompasses the Idea to Product Program g (I2P ( p coursework competitions and seminars, coursework, seminars engages students in i innovation ti and d commercialization, i li ti , and d provides p id a community ity of resources to support commercialization: • The Austin Technology gy Incubator (ATI) ( ) • The American Society of Mechanical Engineers (ASME) • Oak O k Rid Ridge g N National ti lL Labs b ((ORNL)) 700 + Competition participants from 15 countries and 5 continents 5 national ti l and d 6 internationally-based i t ti lly b d competitions p titi 2) Formed partnerships within the University and with other universities as well as not-for-profit not for profit organizations to support technology gy innovation and commercialization: Risk Taking: g Th IInnovation The i G Gap pb between social i l needs d and d university technologies 60+ Academic partners partners, 7 Organizational partners partners, 8 International partners 3) Created Created, refined refined, and integrated the TIM Tool (a commercialization tool focusing on the “innovation innovation gap gap”)) into coursework. cou se o Activities: P g Program A ti iti Infrastructure Initiatives Infrastructure, Initiatives, and Collaborations The program is creating a culture of entrepreneurship and growing institutional support of student and faculty commercialization through collaborations with: the Austin Technology gy Incubator,, the Office of Technology Commercialization Commercialization, and the new Texas Venture Labs. Labs Top p Contributions: • Uniting faculty entrepreneurs to discuss how to improve the commercialization infrastructure at the universityy Openness/Dissemination: 2 L d hi position iti tto encourage and d 2. Leadership support others within the university p id materials • Th The I2P website b it provides t i l and d format f t needed d d to t ideatoproduct org) replicate the Program (www (www.ideatoproduct.org) 3. 3 Dissemination of I2P competitions • All events events, competitions competitions, and seminars are open to the public The Idea to Product (I2P®) technology commercialization competitions teach students how to match a technology with a market need and give them e hands-on a ds o commercialization co e c a a o experience, e pe e ce, mentoring e o g and a d feedback. eedbac 5. S 5 Supportt off Deans D and d administrative d i i t ti officers officers, who consider these efforts vital Highlighted Competitions p ii and for Highligh d I2P Based B dC d their h i hosts h f 2010: 2010 • ASME II-Show Show – ASME International • Global Venture Challenge g – Oak Ridge g National Labs • I2P Latin America – Fundação Getulio Vargas, Vargas Brazil • I2P Portugal g – Inaugural g competition p in April p 2010 at COTEC,, Porto with 10 teams (www.i2pportugal.org) (www i2pportugal org) • I2P It Italy l – The Th inaugural i l competition titi will ill be b hosted h t d by b IIncubator b t off Politecnico di Milano in the summer of 2010 Collaboration Fields: C ll b ti Across A Fi ld university initiative: Collaboration among engineering • Pan Pan-university engineering, g , pharmacy, p y, law,, and business natural sciences,, geosciences, • Courses are cross-listed across disciplines p and colleges g • C Courses and d I2P teams iinclude l d engineering, gi i g, science, i , law and business undergraduate and graduate students law, • Successful I2P teams compete in Moot Corp Business Plan C Competition titi iin the th M McCombs C b S School h l off B Business i Pl i Placing Partners P t in i “New “N New Environments” & “Playgrounds”: Environments Playgrounds yg : Classes & Seminars St d t Technology T h l gy Entrepreneurship E t p hip Student • Creating an environment conductive to commercialization by students and faculty • The program is easily disseminated to other universities and not-for-profit f p fi iinstitutions. i i If iinterested, d, p please l contact the h PI 4 Broad university cooperative efforts 4. Students work in multidisciplinary teams focused on emerging technology commercialization commercialization. • Product Realization and Technology C gy Commercialization Seminar Series – Co-hosted by the Austin Technology I Incubator b t and d the th Office Offi off T Technology h l Commercialization C i li ti • Engineering Entrepreneurship – Honors undergraduate class class, cross listed across engineering disciplines cross-listed • Enterprise p of Technology: gy From Mind to Market – Graduate class cross cross-listed listed in business, business law, law and engineering • W Working ki to t involve i l the th Offi Office off T Technology h l Commercialization with the educational program 1. International collaborative efforts and impact g p Idea to Product® Program/Competitions Program for the 2009 Global I2P and flyer for th new I2P Italy It l C titi the Competitions Top Challenges: 1 Internal institutional inertia 1. 2 Administrative response 2. 3 Infrastructure I f t t h 3. change The program is supporting student entrepreneurial groups in their formation and d growth th and d supporting ti an international i t ti l student t d t exchange/internship h /i t hi The Austin Technology Incubator (ATI) and Office of Technology Commercialization • The program provided interns to these organizations to facilitate collaboration and communication, communication and hosted exchange students from Aachen, Germany, to work at ATI 3DayStartup • The program provided key support partnerships to grow this student-led student led weekend. 3DayStartup is now expanding internationally to partner institution in Germany (6/2010) L di /I ii f Surprising S i i Leading/Inspiring for or p Unexpected Results t d t d l ttechnology h l b d companies i in i • 3 Day Startup – 40 students develop based one weekend, automatic entry in UT I2P (www.3daystartup.com) • International student exchange/internship g p – Between RWTH Univ. Entrepreneurship Center and the Austin Technology Incubator S l t d Partners: Selected P t Questioning g & Curiosity: y New Positions Created at UT 3DayStartup – Student entrepreneurship group • Associate VP for Research - Technology Commercialization and Industry Engagement (University of Texas at Austin) Start up Ventures (Office of Technology • Associate Director - Start-up Commercialization) New Spring 2010 Class • Intellectual Property Prosecution 3DayStartup • 4 new companies started from 3 events High School Participation • Oak Ridge National Labs initiated high school I2P Joe J J. King Award National Science Foundation Partnerships For Innovation G Grantee’s Grantee t ’s Meeting M ti g April Ap il 25-27 25 27, 27 2010 Arlington, A li gt Arlington VA
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