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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). The Tech Research Enterprise. led by faculty, powered by ideas, focused on innovation.
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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)
The Tech Research Enterprise led by faculty, powered by ideas, focused on innovation Intellectual Rigor Interdisciplinary Global Impact Problem Solving Market Focus Transition to Use Systems Focus *Georgia Tech Research Institute, Enterprise Innovation Institute
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
Building an Innovation Ecosystem Signs of Life Nutrients NaturalSelection Renewal Incubation Growth Enterprise Innovation Institute
Nutrients • Recruiting research talent—worldwide • Seed funding (city, state, nation, alumni) • A culture of creativity and new ideas Enterprise Innovation Institute
Signs of Life • Emphasis on interdisciplinary research • Research centers • Over 100 on campus Enterprise Innovation Institute
Natural Selection • Intellectual property protection • VentureLab • GRA Phase I and II awards • GT Edison Fund • SBIR Assistance Commercialization Services Enterprise Innovation Institute
Incubation • Advanced Technology Development Center (ATDC) • Ga. Seed Capital Fund • National VC attention Entrepreneur Services Enterprise Innovation Institute