Research and Innovation Research is the transformation of money into knowledge Innovation is the transformation of knowledge into money -Geoffrey Nicholson,

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Presentation transcript:

Research and Innovation Research is the transformation of money into knowledge Innovation is the transformation of knowledge into money -Geoffrey Nicholson, 3M (Inventor of the Post-It Note)

MarketFocus Intellectual Rigor Systems Focus Transition to Use Interdisciplinary Problem Solving Global Impact The Tech Research Enterprise *Georgia Tech Research Institute, Enterprise Innovation Institute led by faculty, powered by ideas, focused on innovation

Elements of Interdisciplinary Research

Market centric focus on research

The 3 I’s Innovation = Insight + Invention + Implementation Key attributes An ecosystem that supports and values all 3 I’s Willingness to experiment and take risks Interdisciplinary problem solving culture Collaborative partnerships are fundamental

6 Enterprise Innovation Institute Building an Innovation Ecosystem Nutrients Signs of Life Growth Incubation Renewal Natural Selection

7 Enterprise Innovation Institute Nutrients Recruiting research talent—worldwide Seed funding (city, state, nation, alumni) A culture of creativity and new ideas

8 Enterprise Innovation Institute Signs of Life Emphasis on interdisciplinary research Research centers – Over 100 on campus

9 Enterprise Innovation Institute Natural Selection Intellectual property protection VentureLab GRA Phase I and II awards GT Edison Fund SBIR Assistance Commercialization Services

10 Enterprise Innovation Institute Incubation Advanced Technology Development Center (ATDC) Ga. Seed Capital Fund National VC attention Entrepreneur Services