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Strength in Numbers Technology Transfer Tactics November 18, 2010 www.innovationtransfernetwork.org.

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Presentation on theme: "Strength in Numbers Technology Transfer Tactics November 18, 2010 www.innovationtransfernetwork.org."— Presentation transcript:

1 Strength in Numbers Technology Transfer Tactics November 18, 2010 www.innovationtransfernetwork.org

2 Todays Agenda Introductions How ITN Got Started How the Program Changed and Evolved Challenges/Lessons Learned Accomplishments 2

3 Introductions Dr. Rick Basom Director of Research & Planning, Elizabethtown College Ms. Jennifer Hammaker, Director of Business Development, Innovation Transfer Network Dr. Marian Walters, Associate Dean for Research, Penn State Harrisburg 3

4 Getting Started Early Vision and Partners – Economic Development Linkages – Economic Development Partnerships – 13 Regional Small Colleges and Universities – 3000 Faculty and 50,000 Students 4

5 Getting Started Initial Program Concept and Funding Initial Funding Period: 5 years Early Program Elements – Access to IP Expertise – Access to templates Summer Seed Grants: faculty/industry partnerships 5

6 Program Expansion Events – Outside Speakers – Panel Discussions Industry/Faculty – SSGX – Software Productization Center 6

7 Program Expansion Faculty/Faculty – Research Symposia – NSF Proposals Seed Grant Funding – Faculty/Industry 7

8 Program Expansion Enclave Online Community – Academic Profiles – Business Profiles – Blog – Video – Economic Dev. Resource – Encourage Connections – Easy for Media 8

9 Challenge #1 Institutional Buy-In – Lessons Learned: Deans/Administration – Senior level, access to Provost Active Board Involvement Willingness to Commit Resources 9

10 Challenge #2 Faculty Engagement – Lessons Learned: Grassroots Online Cross-Campus Entrepreneurs Commercialization Student Experience 10

11 Challenge #3 Conflicting Priorities: Business vs. Faculty – Lessons Learned: Clarify the expectations Manage the timeline Different financial considerations 11

12 Challenge #4 Cultural Chasms – Lessons Learned Progress slow but sure Stay committed and look long term Think funding early and often Does IP count for promotion and tenure? 12

13 Challenge #5 Sustainability Active Board Engagement & Leadership – Willingness to lead grant applications Pursue Multiple Options Simultaneously Economic Development Partners are Key 13

14 Accomplishments Increased Relationships with Business Community – Trends – Market Research – Software Development – $500,000 in Seed Grant Investments 14

15 Accomplishments Increased Collaboration Between Faculty – Within Institutions – Across Departments – Across Campuses – Across Institutions 15

16 Accomplishments Increased Student Involvement – Real World Experiences – Networking – Visibility/Interaction with Business Leaders 16

17 Accomplishments Increased Interaction b/w Institutional Leaders – $600,000 NSF/PFI Grant – $800,000 Regional BioFuels Center 17

18 @itnwk (Twitter) itnwk@psu.edu 717.948.6455 www.innovationtransfernetwork.org


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