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Strength in Numbers Technology Transfer Tactics November 18, 2010 www.innovationtransfernetwork.org
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Todays Agenda Introductions How ITN Got Started How the Program Changed and Evolved Challenges/Lessons Learned Accomplishments 2
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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
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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
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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
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Program Expansion Events – Outside Speakers – Panel Discussions Industry/Faculty – SSGX – Software Productization Center 6
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Program Expansion Faculty/Faculty – Research Symposia – NSF Proposals Seed Grant Funding – Faculty/Industry 7
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Program Expansion Enclave Online Community – Academic Profiles – Business Profiles – Blog – Video – Economic Dev. Resource – Encourage Connections – Easy for Media 8
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Challenge #1 Institutional Buy-In – Lessons Learned: Deans/Administration – Senior level, access to Provost Active Board Involvement Willingness to Commit Resources 9
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Challenge #2 Faculty Engagement – Lessons Learned: Grassroots Online Cross-Campus Entrepreneurs Commercialization Student Experience 10
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Challenge #3 Conflicting Priorities: Business vs. Faculty – Lessons Learned: Clarify the expectations Manage the timeline Different financial considerations 11
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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
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Challenge #5 Sustainability Active Board Engagement & Leadership – Willingness to lead grant applications Pursue Multiple Options Simultaneously Economic Development Partners are Key 13
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Accomplishments Increased Relationships with Business Community – Trends – Market Research – Software Development – $500,000 in Seed Grant Investments 14
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Accomplishments Increased Collaboration Between Faculty – Within Institutions – Across Departments – Across Campuses – Across Institutions 15
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Accomplishments Increased Student Involvement – Real World Experiences – Networking – Visibility/Interaction with Business Leaders 16
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Accomplishments Increased Interaction b/w Institutional Leaders – $600,000 NSF/PFI Grant – $800,000 Regional BioFuels Center 17
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@itnwk (Twitter) itnwk@psu.edu 717.948.6455 www.innovationtransfernetwork.org
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